SKYAI (SKYAI) increased by 36.24% in the last 24 hours

Gate News Bot Message, November 7th, according to CoinMarketCap data, as of press time, SKYAI (SKYAI) is trading at $0.02, up 36.24% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $22 million, an increase of $5.86 million from yesterday.

SKYAI is a project that provides extended MCP and aggregated on-chain data services. The project aims to enable large language models to access on-chain and aggregated data in real-time through MCP, facilitating autonomous decision-making. SKYAI’s goals include breaking down data silos, helping large language models enter the blockchain space, and accelerating blockchain development. The project plans to release extended MCP and launch Playground (MVP) by May 2025, followed by support for ETH and Base chains, as well as releasing IDE plugins and an official LLM client MCP server.

Recent important news about SKYAI:

1️⃣ SKYAI Launches Breakthrough MCP Protocol
On April 24, 2025, SKYAI officially launched its innovative MCP (Machine Cognitive Protocol). This protocol aims to revolutionize the interaction between Web3 and AI by providing unprecedented data liquidity and simplified blockchain access, paving the way for AI applications in Web3. The launch of the MCP protocol marks a significant step in SKYAI’s technical roadmap, which may be a major factor driving its price increase.

2️⃣ SKYAI Focuses on AI and Blockchain Integration
The SKYAI project is positioned at the intersection of artificial intelligence and blockchain technology, aiming to enable large language models to access and process on-chain data in real-time via its MCP protocol. This positioning aligns with current technological trends and is expected to attract attention from both AI and blockchain investors, potentially bringing more market recognition and investment to SKYAI.

3️⃣ Progress on Technical Roadmap
According to SKYAI’s development plan, the project will release extended MCP and launch Playground (MVP) by May 2025. Subsequently, SKYAI will support Ethereum and Base chains, and release IDE plugins and an official LLM client MCP server. This clear technical roadmap demonstrates the project’s development potential and may strengthen investor confidence in SKYAI’s long-term value.

From a technical perspective, SKYAI’s price has broken through previous resistance levels, with a 24-hour increase of over 36%, indicating strong upward momentum. However, given the high volatility of the cryptocurrency market, investors should remain cautious of potential pullbacks.

This message is not investment advice; please be aware of market volatility risks.