Sky

Today's state: Sky is trading at $0.053540 with a $1.2 billion market capitalization (rank #50). The price moved +1.67% over the past 24 hours and is -4.48% over 7 days; the 30-day move stands at -18.16% and the 90-day at -30.34%.

Position vs cycle: A drawdown of this magnitude is within the typical correction range — historically resolved in either direction, often via a re-test of the prior peak before a definitive break.

Volatility and structure: 30-day realized volatility of 63.4% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Bearish (36/100), against a softening backdrop, with pressure stacking up over the 30- and 90-day windows.

To place SKY in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: +0.51 — a moderate positive relationship.
• Ethereum reference: +0.57 — a moderate positive relationship.
• Solana reference: +0.51 — a moderate positive relationship.

High correlation across several references usually means the asset is mostly crypto-market beta: when BTC, ETH and SOL move, it moves too, and independent alpha is hard to find. Low or negative readings point to its own drivers — project-specific news, intra-crypto sector rotation or narrative shifts — that can decouple it from the broad market.

Sky (SKY) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.0535 as of the latest update, with a 24-hour move up 1.67%, placing it at rank #57 by market capitalisation among all listed digital assets. Sky's current market cap stands at $1.25B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Sky across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Sky (SKY) is a cryptocurrency traded on global digital-asset markets. Its specific role depends on the protocol and ecosystem built around it — the data and market sections on this page describe what can be measured directly from on-chain and exchange activity.

Sky currently ranks #50 by market capitalisation, making it a top-50 asset. Essentially all of the SKY supply is already issued — roughly 23.32B of a 23.46B cap are in circulation — so future inflation is a non-factor. It currently trades about 46% below its all-time high of $0.1000 set in December 2024.

Like other crypto assets, Sky records transactions on a distributed ledger that no single party controls. Holders custody it directly through private keys, and its issuance and rules are enforced by the network's code rather than by an issuer.

Sky currently ranks #50 by market capitalisation, making it a top-50 asset. Essentially all of the SKY supply is already issued — roughly 23.32B of a 23.46B cap are in circulation — so future inflation is a non-factor. It currently trades about 46% below its all-time high of $0.1000 set in December 2024.

Sky is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.

Daily turnover is light — roughly 0.90% of market cap ($11.27M over 24 hours) — so larger orders are best worked into the market gradually to limit slippage.

To read Sky's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. At over 99% of maximum supply issued, future issuance pressure is effectively zero — the supply curve is now flat, and value accrual must come from network adoption rather than from supply schedule mechanics.

The question that matters for a longer-term view is simple: does value accrual (burns, staking-yield reinvestment, deflationary mechanics, growing ecosystem TVL) run ahead of new issuance, or behind it? Ahead, and price can compound quietly; behind, and it leans on continuous fresh demand to soak up the supply.

At the top of the macro stack sit interest rates, dollar liquidity and risk appetite, and crypto has tended to amplify all three. Easing financial conditions and a weaker dollar have historically pulled the sector up; tightening liquidity and a firmer dollar have reliably pulled it back down.

For cross-asset context, monitor the dollar (a headwind when it strengthens), long-term Treasury yields (the discount rate on risk), gold (a sometime companion in monetary-debasement narratives), and the S&P 500 (often correlated with crypto on liquidity-driven swings even though crypto is popularly billed as uncorrelated).

Zooming in on Sky, the most reliable leading indicator has tended to be crypto-native liquidity itself — aggregate stablecoin supply, open interest in futures, and exchange volume. Rising on-chain liquidity has historically pulled SKY up; draining liquidity has done the opposite. Given the 90-day BTC correlation of +0.51, SKY's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.