Last week, the market overall remained stable, with Bitcoin continuing to hover above $109,500 today (7). However, as the rotation of Memecoins becomes increasingly evident, more funds are flowing into speculative Tokens rather than projects with actual use cases. In the past week, the top three Tokens with the largest pump were all Memecoins, while Pi Network (PI), Jito (JTO), and KAI led the fall.

Gate News Bot news, on June 30, according to CoinMarketCap data, KAIA (Kaia) is currently priced at $0.16, falling by 4.42% in the last 24 hours, with a high of $0.21 and a low of $0.16. The current market capitalization is approximately $980 million. Kaia is a new public chain formed by the merger of Klaytn and Finschia blockchains, aimed at

According to Gate news and AmbCrypto report, on June 9, KAI (KAIA) successfully broke through the local resistance level of $0.130, rising 35.6% in a single day. This bullish market structure breakthrough has opened up an upward trend for KAIA. However, the fall of Bitcoin over the past two days has impacted KAIA, which faced a pullback at the resistance level of $0.196 at the end of January.

PANews June 9 news, KaiaChain Chairman Sam Seo stated on social media that following the launch of the native USDT, the team will fully promote the issuance of the Korean won (KRW) stablecoin on the Kaia Mainnet, claiming "The summer of Kaia's stablecoin has just begun." He also added that Kaia's predecessor Klaytn had participated in the Central Bank's CBDC project, laying the technical foundation for the stablecoin. Driven by this news, the KAIA token rose 17% in 24 hours, priced at 0.124 USD.

Gate News Bot message, July 2, according to CoinMarketCap data, as of the time of writing, KAIA (Kaia) is currently priced at $0.15, down 4.28% in the last 24 hours, with a high of $0.19 and a low of $0.15. The current market capitalization is approximately $930 million, a decrease of $41.53 million compared to yesterday. Kaia is a blockchain project by Klaytn and Finschia.

BlockBeats news, on May 7, according to official news, Tether announced that it has natively deployed its stablecoin USDT on the Kaia Blockchain.

Golden Finance reported that L1 blockchain Kaia (formerly Klaytn) will release Portal v1.2, adding incentive sections for multiple core DeFi pools (including KAIA&sKAIA, USD and KRW stablecoins, etc.), and increasing targeting FGP-23 at the $100 million TVL level.

ChainCatcher news, DWF Labs co-founder Andrei Grachev announced that the synthetic stablecoin project FalconStable has integrated with Kaia Chain, and the two parties will collaborate to provide sustainable and innovative stablecoin yield solutions for over 250 million Line users.

Gate News bot news, DWF Labs co-founder Andrei Grachev posted on X stating that the over-collateralization synthetic dollar project Falcon Finance is integrated with Kaia, aiming to provide sustainable and innovative stablecoin yield solutions for over 250 million Line users.

Gate News bot message, according to the kaia_foundation data dashboard, the number of active users on the Kaia network reached 22.8 million in April, setting a new historical high. Among them, the monthly active users of the three Mini Dapps: Frog Defense, Kyuzo's Friends, and Darkstar all exceeded 1 million. Data shows that the daily active users of the Kaia network reached a historical peak of 5.352 million on April 12, and then continued to decline to 558,000 on April 20, after which the data rebounded to over 3 million. The Kaia network mainly focuses on the development of social application Mini Dapps, using a similar technological approach to TON. Source of information: Wu's words

Altcoins are experiencing a general uptrend, with KAIA, HBAR, LINK, SAND, and ZEC prices all rising by over 20%, with KAIA showing the highest increase of 48.19%.

According to the Gate.io News bot, the data panel from kaia_foundation shows that the high-performance public chain Kaia, jointly developed by South Korea's Kakao and Japan's Line, had an active address count of 9.78 million from March 31 to April 6, setting a historical record for four consecutive weeks. The number of new addresses for that week was 5.23 million, and the number of transactions exceeded 40 million for the first time, rising by 67% compared to the previous week. Data also shows that Kaia's TVL (Total Value Locked) remains stable. Kaia adopts the same technical route as TON to build a mini app ecosystem on social applications. Source: Wu Says