SKYAI's Daily Transaction Volume Surges 144% to $144M on BNB Chain

On May 10, 2025, the MCP project SKYAI on BNB Chain achieved a significant milestone, reaching a daily on-chain transaction volume of $144 million. This surge in activity was accompanied by a market capitalization exceeding $48 million and a 24-hour price increase of 14.6%.

Analysts have attributed the increase in fund activity to the low fee of 0.01% on the on-chain PCS Hub and the growing user participation in alpha trading. This combination of factors has likely contributed to the heightened interest and investment in SKYAI, driving both its transaction volume and market capitalization to new heights.

The low fee structure on the PCS Hub is particularly noteworthy, as it reduces the barrier to entry for users and encourages more frequent transactions. This, in turn, can lead to increased liquidity and a more robust market for the SKYAI project. The alpha trading activities further stimulate market interest, as users engage in speculative trading to capitalize on potential price movements.

Overall, the recent performance of SKYAI on BNB Chain highlights the project's growing prominence in the cryptocurrency landscape. The combination of a low fee structure, active user participation, and a significant increase in transaction volume and market capitalization positions SKYAI as a project to watch in the coming months. As the market continues to evolve, it will be interesting to see how SKYAI adapts and grows in response to these developments.