SKY, the native token of the decentralized protocol, has experienced a significant surge, posting a double-digit gain over the past day. The token's market capitalization increased by approximately 10%, adding $178 million to reach a valuation of around $1.78 billion. This growth is primarily driven by the perpetual market, where trading capital rose to $27 million, marking a 12% increase. The Taker Buy/Sell Ratio remains above 1, indicating strong buying volume. Despite a spot market sell-off, which saw $5.8 million in outflows, the broader market sentiment for SKY remains bullish. The token has maintained a 15-week upward trend, forming higher highs and lows. The Money Flow Index supports this momentum, holding above 50, suggesting continued capital inflows. Unless the spot sell-off intensifies, SKY's upward trajectory is expected to persist.