Ethereum Sidechain SKALE Q1 Report: Monthly Active Users Average 65,000, Saving Over $100 Million in Gas Fees Each Month

ChainCatcher news, the Ethereum sidechain SKALE released its Q1 2023 project ecosystem report. In this quarter, SKALE had an average of 65,000 active users/wallets per month, facilitating over 9 million transactions and saving more than $100 million in Gas fees. Since the launch of SKALE V2 in June 2022, the network's usage has significantly increased, processing over 67 million transactions from more than 415,000 unique wallets.

Specifically, in the first quarter of 2023 alone, SKALE saved the SKALE and Web3 communities $341.6 million in Gas fees (176,355 ETH). (source link)