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Sky Protocol hits record $419M revenue, boosts token SKY above $0.06 with rising demand and strong reserves.

Protocol Fundamentals
11 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Sky Protocol reported a record annualized gross revenue run rate of $419.08 million, with reserves growing to $82.5 million and deposits up 85% year-over-year. The native token SKY gained nearly 5%, reclaiming key moving averages as both Spot and Futures market activity increased significantly. The protocol plans to enhance ecosystem security and reduce costs, supporting continued growth. If buying momentum holds, SKY could rise toward $0.064, but a drop below $0.06 may lead to a pullback to $0.056.

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