SKY token is consolidating near $0.0675 with a potential breakout above $0.070–$0.072 that could lead to a recovery toward $0.085, representing a 25.9% gain. The Q3 report showed net revenue rose 11.8% to $37.19 million due to lower expenses outpacing a revenue decline, boosting the net margin to 37.5%. Sky Frontier Foundation allocated $28.47 million to reserves, reaching $85.08 million, and began Stage 2 of buybacks and burns. Additionally, Osero proposed a USDC vault on Base with a $15 million deposit limit, aiming for a Nov. 19 governance vote to enhance liquidity across chains.
Following the quarterly revenue update, SKY token is trading at Rp1,149 on Pluang as of Nov 05, 2026, 23:04 WIB, down 6.44% in the last day. The market shows a strong sell bias with 94% of orders to sell and only 6% to buy, while typical holders keep their SKY tokens for about 16 days. The market cap stands at Rp26.97 trillion, reflecting active but cautious trading amid the recent financial developments.
