KAIA, the foundational coin of the Kaia blockchain, touched its all-time high today, reaching around $0.415 per token. It witnessed a surge of 38.12% in the past 24 hours and a 102.56% surge this week, achieving a market cap above $2.23 billion.
Kaia blockchain is known for its data layer infrastructure, specializing in solutions that ensure secure identity verification, data ownership management, and privacy. The recent developments in the blockchain have attracted large-scale investors to its token, which ignited this upward momentum.
This article will answer whether this surge will continue or not. We will check how strong is Kaia’s foundational values and future roadmap to attract investors, and also we will get into other details like tokenomics. Also, we will attach a purchasing guide. Let’s begin.
The Reasons for KAIA’s Surge
There are multiple reasons for the surge, including the ongoing migration of Finschia and Klaytn to Kaia’s mainnet, and the increase in the platform’s user base. Kaia Foundation’s partnership with various AI and gaming companies also aided the uptrend.
The entire market condition is favorable for promising altcoins. Various institutional investors and individual whales are searching for perfect coins to diversify their portfolio for the upcoming altcoin. This also helped Kaia.
KAIA’s Uptrend: What to Expect 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 Details
| Token Ticker | $KAIA |
| Chain | Kaia Blockchain |
| Contract Address | 0x0000000000000000000000000000000000000000 |
| Total Supply | 5.88 Billion KAIA |
| Circulating Supply | 5.88 Billion KAIA |
| Market Cap | $2.32 Billion |
As 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.
Final Thoughts: Is it a Credible Investment?
As a platform that has dissolved two other networks, it is supposed to gather a huge user database, which will naturally boost the market cap. But it will take time, and you should need a long-term vision before investing. If you are looking for short-term gains, you can wait and find a dip. The coin is around 8% down from its ATH, and more downward movement is expected.
Finally, instead of depending on us, do your own research to find the perfect entry and exit points for KAIA. Also, go through its social media handles and community chats to know the market sentiment, DYOR, and happy investing!
