Kaia Touches All-time High, Soars 102.56 In 7 Days What's Next?
More than the increase in exchange-based trading, KAIA's value depends on its utility inside the ecosystem. If a large number of people start using and burning the coin, it will organically increase the market value. Also, the roadmap suggests the expansion of the ecosystem by 2025. Despite the predicted decrease in market cap for a short period, KAIA has a high chance of becoming one of the prominent coins in the long run.
What is Kaia?Kaia is a Layer 1 blockchain based on EVM Ethereum Virtual Machine formed by merging two other blockchains Finschia and Klaytn. Finscia was a 2018-born blockchain created by LINE, the global messaging company. Klaytn was a blockchain built by the South Korean software company Kakao. The merge, started in August 2024, is still progressing.
Kaia Blockchain can process around 4000 transactions per second by creating 1 block at a second. By using KVM. a derivative of EVM, it provides a space for developers to use Solidity and other development toolkits like Remix, Hardhat, Truffle, and Foundry.
KAIA Token DetailsAs the platform's native currency, KAIA is used to enhance the security and scalability of the platform. Participants can use KAIA as a transactional fee while transferring tokens or executing smart contracts. The coin has no fixed total supply. Whenever a new block is created, a specific amount of tokens will also be minted, and some of it around 50 usually will be transferred to the validators as a reward.
Where to Purchase KAIA?The KAIA/USDT pair is available in Binance, Bybit, OKX, Bitget, Gate.io, KuCoin, and DEX like KLAYswap. Beyond the USDT pair, KLAYswap has various pairs like KAIA/XRP and KAIA/DAI. You can also purchase by accessing Kaia's portal through its official website. If you stake the purchased token inside the portal, you can earn extra KAIA tokens as rewards.
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