Kadena price soars by 40% after new protocol launches and a major exchange li...

Kadena price soars by 40% after new protocol launches and a major exchange li...

A listing at Binance and new interoperability-focused protocol launches resulted in a swift 40% gain in KDA price. In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always be building.”Kadena (KDA) is one project that has earned rewards from its forward-looking approach to development despite the weakness in the wider crypto market and the layer-one proof-of-work blockchain protocol has seen its price reverse direction recently. Data from Cointelegraph Markets Pro and TradingView shows that the price of KDA spiked 40% from a....


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3 reasons why Kadena (KDA) price went on a 500% parabolic frenzy

New staking opportunities in DeFi and centralized exchanges, along with a migration to the Ethereum network are just a few reasons for KDA’s recent 500% rally. Proof-of-work (POW) blockchain networks were all the rage in the early days of cryptocurrency when Bitcoin (BTC) set the standard for security and other projects followed suit in various attempts to offer a robust, scalable network that would either support payments of efficiently transmit data.Most protocols have now shifted to proof-of-stake but Kadena (KDA), a scalable layer-one blockchain protocol is still operating on the old....