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Kadena

Kadena priceKDA

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Kadena price calculator

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KDA
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1 KDA = 0.9022 USD
Last updated 2024-04-25 14:51:00(UTC-0)

Kadena price live data summary

The live price of Kadena is $0.9022 per (KDA / USD) today with a current market cap of $244.73M USD. The 24-hour trading volume is $6.36M USD. KDA to USD price is updated in real time. Kadena is -3.96% in the last 24 hours. It has a circulating supply of 271,262,980 .

What is the highest price of KDA?

KDA has an all-time high (ATH) of $28.25, recorded on 2021-11-11.

What is the lowest price of KDA?

KDA has an all-time low (ATL) of $0.1213, recorded on 2021-01-11.

Kadena price prediction

Set your prediction

When is a good time to buy KDA? Should I buy or sell now?

When deciding whether to buy or sell KDA, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget KDA technical analysis can provide you with a reference for trading.
According to the KDA 4h technical analysis, the trading signal is Sell.
According to the KDA 1d technical analysis, the trading signal is Strong sell.
According to the KDA 1w technical analysis, the trading signal is Sell.
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Kadena price performance in USD

24h7d30d90d1yAll-time
-3.96%+0.92%-42.49%-12.10%-4.84%+80.10%

Kadena price history in USD

TimeLowHigh
24h$0.8866$0.9356
7d$0.8275$0.9900
30d$0.7690$1.55
90d$0.7690$2.03
1y$0.4132$2.03
All-time$0.1213(2021-01-11, 3 years ago )$28.25(2021-11-11, 2 years ago )

Kadena market information

Market cap
$244,730,972.92
-3.96%
Fully diluted market cap
$902,190,810.28
-3.96%
Volume (24h)
$6,357,064.4
+6.24%
Market rankings
Circulation rate
+27.00%
24h volume / market cap
0.0259
Circulating supply
271,262,980 KDA
Total supply / Max supply
1,000,000,000 KDA
-- KDA
ICO price
$0.5000 ICO details

Kadena ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

Kadena Social Data

In the last 24 hours, the social media sentiment score for Kadena was 3.6, and the social media sentiment towards Kadena price trend was Bullish. The overall Kadena social media score was 6,711, which ranks 385 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,318,607 times, with Kadena being mentioned with a frequency ratio of 0.03%, ranking 111 among all cryptocurrencies.

In the last 24 hours, there were a total of 653 unique users discussing Kadena, with a total of Kadena mentions of 452. However, compared to the previous 24-hour period, the number of unique users decrease by 1%, and the total number of mentions has increase by 14%.

On Twitter, there were a total of 5 tweets mentioning Kadena in the last 24 hours. Among them, 40% are bullish on Kadena, 20% are bearish on Kadena, and 40% are neutral on Kadena.

On Reddit, there were 69 posts mentioning Kadena in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 1% . Additionally, there were 0 comments mentioning Kadena. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
3.6
Social score(24h)
6.71K(#385)
Social contributors(24h)
653
-1%
Social mentions(24h)
452(#111)
+14%
Social dominance(24h)
0.03%
Twitter
Tweets(24h)
5
+25%
Twitter sentiment(24h)
Bullish
40%
Neutral
40%
Bearish
20%
Reddit
Reddit score(24h)
182
Reddit posts(24h)
69
-1%
Reddit comments(24h)
0
0%

About Kadena(KDA)

What Is Kadena?

Kadena is a Layer 1 blockchain ecosystem designed to benefit a diverse range of builders, regardless of their level of expertise. It was founded in 2016 by William Martino and Stuart Popejoy, both of whom have extensive backgrounds in blockchain and financial technology, having worked on JPMorgan’s first blockchain project, the JPM Coin. Kadena stands out for its dual-layered blockchain system, Chainweb, a public blockchain, and Kuro, a private blockchain, both designed to address the common issues of scalability, security, and speed that have hindered the mass adoption of blockchain technology.

Kadena's unique architecture allows it to offer solutions to the blockchain trilemma, enabling it to achieve security, scalability, and decentralization simultaneously. It employs a multi-chain, braided structure, allowing it to process transactions at an industrial scale, making it a suitable technology across various industries. The ecosystem supports community projects and is actively being adopted by early Web 2.0 and Web 3.0 companies, connecting to major entities like Ethereum Mainnet, Polkadot, Terra, and Amazon.

Resources

Official Documents: https://docs.kadena.io/basics/whitepapers/overview

Official Website: https://kadena.io/

How Does Kadena Work?

Kadena operates through a distinctive dual-layered system. The first layer, Chainweb, is a public blockchain, allowing any user to contribute to the ledger, enhancing functionality and scalability. It initially operated with 10 chains but was upgraded to 20 braided chains to improve scalability without compromising security. Chainweb achieves scalability by sharding transactions and can process up to 480,000 transactions per second, a significant improvement compared to Bitcoin and Ethereum.

The second layer, Kuro, is a private blockchain, tailored for commercial applications and operates at a much faster rate than Chainweb, capable of processing 8,000 transactions per second over 500 nodes. Both blockchains work in tandem, using a multiple-braided chain approach, combining the Proof of Work mining model with the desired level of privacy. Kadena’s architecture, including its smart contract language, Pact, is designed to drive the growth of DeFi ecosystems, offering a Turing-complete language, meaning it includes all functions that can be executed by computers.

What Is KDA Token?

KDA is the native cryptocurrency of the Kadena network, used to pay for block mining and computational power. It plays a crucial role in transaction fees, with users paying KDA to include individual transactions in a block. However, Kadena has introduced innovative solutions like Gas Stations, enabling zero-fee transactions and removing a significant barrier to mass adoption. The tokenomics of Kadena are structured with allocations for miners, reserve, seed/investor, and developers, with miners receiving the majority share as they are responsible for the security of Kadena.

Kadena's Impact on Finance

Kadena’s impact on the financial sector is profound, positioning itself as a top alternative for blockchain adoption in global banking and financial services. Its advanced features, such as industrial scalability, security equivalent to Bitcoin, and the ability to process more than 200 transactions per second with confirmations within 10 seconds, make it a desirable technology in finance. Its smart contract language, Pact, is developed for enterprise-level applications, allowing non-programmers to create scalable solutions efficiently.

Kadena’s approach to resolving the issues of scalability, security, and decentralization in blockchain technology makes it a strong contender in the blockchain and cryptocurrency space, competing with giants like Ethereum and Bitcoin. Its continuous advancements and the introduction of features like an NFT marketplace and a zero-gas DeFi trading platform, Kaddex, signify its potential for large-scale adoption in the future.

What Determines Kadena's Price?

The price of Kadena (KDA), like other cryptocurrencies, is influenced by a myriad of factors, making it essential for cryptocurrency enthusiasts and potential investors to stay abreast of cryptocurrency news and trends. One significant determinant of Kadena's price is its supply and demand dynamics in the cryptocurrency market. The availability of KDA on various cryptocurrency exchanges such as Bitget allows for increased accessibility and liquidity, impacting its price. Additionally, the overall sentiment in the crypto community, driven by cryptocurrency experts, influencers, and events, can significantly sway Kadena's price, either driving it upwards during periods of positive sentiment or causing declines during negative market moods.

Cryptocurrency analysis and cryptocurrency charts are crucial tools for those interested in the price prediction of Kadena, offering insights into its potential price movements in 2023 and beyond. The adoption rate of Kadena, especially its integration and utilization in various sectors, plays a pivotal role in its valuation. As more entities embrace Kadena for its innovative blockchain solutions, its value is likely to experience an uptrend. However, potential investors should be wary of cryptocurrency risks, such as market volatility and security concerns, and consider employing robust cryptocurrency trading strategies and crypto portfolio management practices to mitigate risks associated with investing in Kadena. Balancing the insights from cryptocurrency analysis with the prevailing cryptocurrency regulation, market conditions, and individual investment goals can aid in making informed decisions on whether Kadena is a good investment for 2023.

Trade KDA perpetual futures

After having successfully signed up on Bitget and purchased USDT or KDA tokens, you can start trading derivatives, including KDA futures and margin trading to increase your income.

The current price of KDA is $0.9022, with a 24h price change of -3.96%. Traders can profit by either going long or short onKDA futures.

Join KDA copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or KDA tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of Kadena.

What is the current price of Kadena?

We update our Kadena to USD price in real time. Get the live Price of Kadena on Bitget.

What is the 24 hour trading volume of Kadena?

Over the last 24 hours, the trading volume of Kadena is $6.36M.

What is the all-time high of Kadena?

The all-time high of Kadena is $28.25. This all-time high is highest price for Kadena since it was launched.

Can I buy Kadena on Bitget?

Yes, Kadena is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Kadena?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Kadena with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

What is Kadena use case?

Kadena is a blockchain platform that employs a Proof-of-Work (PoW) consensus mechanism along with directed acyclic graph (DAG) technology to enhance scalability. This unique approach allows Kadena to achieve higher throughput compared to traditional PoW blockchains like Bitcoin. Kadena supports smart contracts, offers energy efficiency, low transaction fees, and superior security and scalability. Its native digital asset, KDA, is used for mining, transaction validation, and payment of fees within the ecosystem. Kadena is known for merging the security of PoW blockchains with industrial scalability, making it suitable for real-world financial systems and applications. It supports various decentralized applications (dApps) in categories such as DeFi, gaming, NFTs, enterprise solutions, infrastructure, and custody. KDA is also a popularly traded digital asset on cryptocurrency exchanges, appealing to both retail and institutional investors. As with any crypto investment, it's essential to stay updated on Kadena's price, market cap, and relevant news.

Is Kadena a good investment?

Kadena stands out as a secure and scalable blockchain network employing the Proof-of-Work consensus, making it well-suited for commercial use and potentially contributing to its price growth. It also offers opportunities for passive income through holding and lending liquidity. Additionally, KDA can be mined to increase holdings, potentially becoming more profitable as adoption rises and the Kadena price appreciates.

How many Kadena (KDA) coins are in circulation?

Kadena has a maximum supply of 1 billion KDA coins, with 10 million KDA coins burned during the launch. In private token sales, 21.7 million KDA coins were sold to raise funds, and the current circulating supply is over 171 million KDA coins. Mining operations will produce approximately 700 million KDA coins over more than 100 years, while the platform itself will generate around 200 million KDA coins over nine years.

How can I mine Kadena?

To begin mining Kadena (KDA), start by researching the official website and acquiring a wallet that supports KDA coins. Invest in an ASIC miner, as other mining equipment won't work for KDA. Configure your mining equipment to connect to the f2pool server, allowing the Kadena network to monitor your mining activity. Start mining KDA and receive rewards by successfully submitting your hashrate to the f2pool server.

What makes Kadena unique?

Kadena is a layer-1 blockchain with a unique consensus mechanism called Pact, blending PoW and PoS features. It uses Turbine PoW for efficiency and PoSV for security, achieving up to 480,000 transactions per second. Kadena prioritizes security and hasn't been hacked. Founded by experienced individuals, its success depends on adoption and investor caution is advised.

Who founded Kadena?

Kadena, founded by Stuart Popejoy and Will Martino in 2016, boasts a distinguished team with a background in blockchain technology. Before launching Kadena, Martino worked as the Lead Engineer on JP Morgan's blockchain project and was involved with the US SEC's Cryptocurrency Steering Committee. Popejoy, also from JP Morgan, led the Emerging Blockchain group before co-founding Kadena. Additionally, Kadena's development benefited from the expertise of Dr. Stuart Haber, a co-inventor of blockchain technology and a prominent figure cited in the original Bitcoin whitepaper.
Cryptocurrency investments, including buying Kadena online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Kadena, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Kadena purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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KDA resources

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