As mentioned above, the market is better now than when it started the month, as tokens are coming back to winning ways. Surprisingly, Bitcoin (BTC) is not leading this charge. This is because the digital assets have not yet been immersed in the market spirit. Below are the top 5 best cryptos leading the market charge in terms of performance;

Stepn is a fun app that provides players with the feel of gaming in the Web3 universe. Users make use of virtual sneakers to play the game. In the game, they are required to either walk, jog or run before they can earn the native token of the app, GMT. The higher the GMT tokens they have, the more they can level up. Players can also lease or sell their sneakers to other users in the game. GMT has been doing well in the crypto market in the last week, with a massive surge of 247.24%. However, the token is presently trading at $2.69, with a small surge of 0.30% in the last 24 hours. In the last 24 hours, the token has posted a trading volume of $2,330,589,652 and a market cap of $1,611,987,183. There are presently 600,000,000 GMT tokens in circulation.

Ziliqa is a public blockchain with the ability to carry out thousands of transactions in seconds. The blockchain does this as a result of its massive throughput. To eliminate scalability and speed issues, it uses sharing as a solution in its second layer. The platform is presently housing a lot of protocols in the DeFi sector. ZIL, its native token, has performed wonderfully in the last seven days, with the token posting a gain of 79.16%. However, it is down about 10.60% in the last 24 hours, posting a price of $0.165. Its trading volume in the same time frame is $3,453,745,450 while its market cap is $2,081,719,657. There are about 12,601,723,886 ZIL tokens in circulation.

Skale Network comes in third place with a remarkable 66.79% performance across the last week. The network was designed to help Ethereum achieve scalability due to its massive elasticity. The project ensures that latency is reduced and transaction capability increases while making transactions. This helps readers carry out trades while paying as cheap as possible for gas fees. The project intends to help developers create dApps that would solve real-world issues in a decentralized way. According to the developers, all these promises will be achieved with maximum security on the network. SKL is presently trading at $0.273 and is seeing a slight decline of 1.60% in the last 24 hours. The token is posting a trading volume of $112,490,821 and a market cap of $948,531,209 in the same time frame. Skale Network presently has about 3,473,102,671 SKL tokens in circulation.

Moonbeam ranks up at 64.32% for the week to take the fourth spot on this list. The crypto project is a smart contract parachain that is located on Polkadot. However, traders who want to use it on Ethereum can do so due to its compatibility. Moonbeam provides tools for developers to create apps that traders can use in a substrate environment. The native token of the network, GLMR, is presently trading at 4.58% while posting a loss of 9.62%in the last 24 hours. The token has a trading volume and market cap of $786,863,626 and $942,762,664 in the last 24 hours. The current circulating supply of GLMR is presently 206,061,843 tokens.

Taking up the last spot for this week is Waves, which saw a massive climb of 58.06% in the last seven days. Waves is a decentralized platform that supports decentralized applications and smart contracts across different blockchains. It was launched in 2016, around the period that ICO was a thing in the sector. Its main function was to help increase speed and utility across different blockchains. Presently, WAVES is trading at $50.41, with a decline of 4.69% in the last 24 hours. Over the same duration, the token has posted a trading volume of $1,187,901,418 and a market cap of $5,439,259,121. There are presently 107,905,000 WAVES tokens in circulation.

Honorable mentions include AAVE (50.97%), SOL (37.59%), AUDIO (32.69%), SCRT (30.79%), XEC (30.69%), NEAR (28.49%). It is safe to say that the crypto market is gradually returning to the top, and tokens are reacting. However, traders need to tread with caution when choosing tokens to trade. Although some tokens are making surges now, they might not last long because they don’t have a better use case. It is advisable to research the token you want to purchase and diversify your portfolio as well.

The road to adoption may not sound simple in the blockchain space. To this day, most blockchains suffer from scalability and throughput challenges. Though some developments have happened across the blockchain trilemma challenge, still it ain't enough. That's where the Skale Network has pitched in to make a difference. 

Skale as an open-source elastic blockchain speeds up the Dapp development. The blockchain works side-ways with the Ethereum chain to provide security and a better user experience. Hence fixing the transaction throughput, finality, and high gas cost issues. This in turn increases the storage capacity of the base layer. Thus broadening the horizon of use-cases on the base layer. 

Scalability and high throughput are the need of the hour in the blockchain space. If the technology goes mainstream in 2022 as anticipated by recent investment sentiments, it would need more scope for expansion. In such times, if enterprises embrace DLT, they can't withstand a crypto-kitty event. Hence projects that empower the base layer are bound to explode. Skale Network has the potential to bring DeFi, NFT, and Metaverse to the masses. With 2022  expected to be the year for  NFTs and metaverse, Skale is a good investment. It will help users transact ETH for negligible fees. With layer 2's like Polygon exploding, Skale would most probably meet the same fate.

In 2022, Skale could reach $0.34 as its highest level. The average trading zone would hover around $0.25 to $0.29 levels.

2023 might see further adoption of Skale pushing the prices within the $0.43 to $0.49 levels.

In 2024-25, BTC halving would happen to push all crypto prices to the sky as in the past. Having said that, Skale could go as high as $0.73 to $1.33.

Skale is listed on Binance. You can buy Skale Network tokens by doing the following steps.

Step 1

Visit Binance.com and click on Register 

Step 2

Once you click on Register, the following screen will appear. Fill in the details

Step 3

Once the registration is complete, click on Funds then deposit.

Step 4

Choose from the token ticker and copy the address. 

Step 5

To copy the address, look at the deposit address as shown by the side of the token. 

Step 6

If the deposit is processed, check your balance by clicking on funds and then balance. 

Step 7

 The newly updated balance will look like this.

Place order for Skale Token

Step 8

Go to exchange and pick the basics trade option.

Step 9

A tab would open like shown in the image. Select your token with balance. Here, we are picking BTC. 

Step 10

Place the buy order for Skale Token. Once someone is willing to execute at your price level, BTC will get deducted and you will receive Skale tokens in exchange for the same.

There are other options as well where you can directly swap your BTC for Skale token by visiting the Trade option on Binance and swapping your existing token balance for Skale. 

I hope the tutorial was useful and you just bought your first Skale Token today.