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A whale transferred 50 million SKY tokens worth approximately $3.8 million to Binance on March 22, 2026, positioning to realize an estimated 58% profit on the holding.
A new Sky Protocol governance proposal aims to strengthen its $11 billion USDS stablecoin by temporarily cutting the SKY token buyback rate from 75% to 7.5%.
The SKY token rose nearly 10% after a March 2 governance vote reduced token emissions and continued a buyback program that has spent $114.5 million to remove 1.83 billion tokens from circulation.
Sky (SKY) current price is $0.070882, down 2.65% today.
Sky (SKY) daily trading volume is $13.3M
Sky (SKY) current market cap is $1.6B
Sky (SKY) current circulating supply is 23.1B
Sky (SKY) fully diluted market cap (FDV) is $1.6B
Sky (SKY) is founded by Rune Christensen