Public blockchain Kadena has announced that it is ceasing operations, with KDA plunging over 60% in the last 24 hours.

By: theblockbeats.news|2025/10/22 09:15:52
0
Share
copy

BlockBeats News, October 22nd, the public blockchain project Kadena announced that due to unfavorable market conditions, it will begin liquidation and stop all operations related to public chain maintenance effective immediately. A small team will be retained to handle the transition and shutdown period. The KDA token and protocol will continue to operate, with over 5.66 billion KDA to be distributed as mining rewards until 2139. The 83.7 million KDA issued by the platform will be unlocked in November 2029. The PoW chain will continue to operate until miners and maintainers exit.

According to HTX market data, KDA is currently trading at $0.088, with a 24-hour decrease of 60.3%.

-- Price

--

You may also like

Mining Exodus: Someone Holds $12.8 Billion AI Order

Mining Farms are Turning to AI Hashpower with no Turning Back.

March 6 Market Key Intelligence, How Much Did You Miss?

1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum 2. Largest Price Swings: $XPT, $AIX 3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting

The stablecoin opportunity lies with those merchants yet to come onboard.

Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX

The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Gold is the only asset with a long-term history that can be transferred, is not easily replicable, and does not rely on anyone else's promise. Most currencies, debts, stocks, etc., are just promises of someone honoring their purchasing power.

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

A one-page paper listed a series of questions about the potential impact of AI progress. Looking back over two years later, these questions appear particularly prescient, although none of them provided a definitive answer at the time.

Popular coins

Latest Crypto News

Read more