About Kadena
Market Stats
Market Cap
$173,268,825.35
FDV
$566,748,697.39
Circulating Supply
305,724,258.654 KDA
Max Supply
1,000,000,000 KDA
Total Supply
1,000,000,000 KDA
Hold Time
No data
Performance
Popularity
No data
Dominance
0.01%
Volume (24H)
$16,710,158.18
0.98%
All time high
$20.12
Additional info about Kadena
Networks and details
The price of Kadena has decreased by 1.61% in the last hour and increased by 5.40% in the past 24 hours. Kadena’s price has also risen by 3.51% in the past week. The current price is $0.57 per KDA with a 24-hour trading volume of $16.71M. Currently, Kadena is valued at 97.18% below its all time high of $20.12. This all-time high was the highest price paid for Kadena since its launch.
The current circulating supply of Kadena is 305,724,258.654 KDA which means that Kadena has as total market cap of $173,268,825.35.
Price history
Today | $0.57 | ↗ 5.11% |
1 Day | $0.54 | ↗ 5.40% |
1 Week | $0.55 | ↗ 3.51% |
1 Month | $0.75 | ↘ 23.62% |
1 Year | $1.09 | ↘ 47.14% |
Market details
Performance against other markets | ↘ 70% |
Performance against BTC | ↘ 73.08% |
Performance against ETH | ↘ 48.8% |
Performance in the past year | ↘ 47.97% |
FAQ
Kadena (KDA) is a proof-of-work blockchain that seeks to offer a scalable version of Bitcoin. It combines the proof-of-work consensus mechanism from Bitcoin with directed acyclic graph (DAG) principles. Kadena's unique infrastructure is decentralized and built for mass adoption due to its multi-chain approach. It aims to provide the security of Bitcoin while offering high throughput, making the blockchain usable for enterprises and entrepreneurs. Kadena also seeks to support global financial systems with industrial scalability and can be scaled as necessary. It aims to maintain energy efficiency at scale and deliver more transactions with the same energy input. Kadena also offers crypto gas stations, which aim to allow businesses to pay for their customers' gas fees, potentially removing a significant barrier in adopting blockchains for business.
Kadena achieves its unique functionality by braiding chains together, meaning it offers not one but several separate blockchains that all work simultaneously and asynchronously to validate transactions. This allows Kadena to mint multiple blocks simultaneously, thus increasing its throughput. This also increases security by reducing an attacker's time between block confirmations. Kadena uses a directed acyclic graph structure to scale from one proof-of-work blockchain to a large number of blockchains. However, its DAG structure is fixed and multi-channel, meaning Kadena's blockchains only communicate with three peer chains instead of randomly confirming transactions. This seeks to improve real-world performance and scalability. Kadena can scale as required by the needs of its users, but the main limitation is adoption, as scaling and adding additional blockchains requires the network to undergo a hard fork.
Kadena's unique features and flexibility seek to support a wide range of use cases. It can potentially power global financial systems due to its industrial scalability. Its unique architecture makes it a platform that seeks to deliver increased energy efficiency as transactions per second (TPS) scales. Kadena also offers the first crypto gas station, which aims to allow businesses to eliminate all transaction fees for their customers, potentially removing a key barrier to mass adoption of decentralized applications (dApps). Furthermore, Kadena's smart contract language, Pact, is human-readable and specifically built for blockchains with powerful security features, making it suitable for creating safer smart contracts.
Kadena was founded in 2016 by Stuart Popejoy and Will Martino. Stuart Popejoy led JPMorgan's Emerging Blockchain group before founding Kadena and has 15 years of experience building trading systems and infrastructure in finance. Will Martino was the Lead Engineer for JPMorgan's blockchain prototype Juno and led the Securities and Exchange Committee's Cryptocurrency Steering Committee and Qualitative Analytics Unit. Another key persona in founding Kadena was Dr. Stuart Haber, who is a frequently cited author in the Bitcoin whitepaper. Kadena received funding from a variety of venture capitalists.
We update our Kadena to USD currency in real-time. Get the live price of Kadena on Coinbase.
The current market cap of Kadena is $173.27M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Kadena is $20.12. This all-time high is highest price paid for Kadena since it was launched.
Over the last 24 hours, the trading volume of Kadena is $16.71M.
Assets that have a similar market cap to Kadena include Memecoin, Polymesh, Avail, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Kadena is 306 million.
Social stats
Popularity in posts
#199
Contributors
549
Posts
1,308,545
% About Kadena
0.115%
Hold times
0 days
X (Twitter)
35.97% bullish
Sentiment
4.1 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
549 unique individuals are talking about Kadena and it is ranked #199 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Kadena has an average sentiment score of 4.1 out of 5. Finally, Kadena is becoming more newsworthy, with 0 news articles published about Kadena. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Kadena. There were 35.97% of tweets with bullish sentiment compared to 13.14% of tweets with a bearish sentiment about Kadena. 50.9% of tweets were neutral about Kadena. These sentiments are based on 1622 tweets.
On Reddit, Kadena was mentioned in 0 Reddit posts and there were 0 comments about Kadena. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.