{"id":414940,"date":"2022-03-12T04:00:00","date_gmt":"2022-03-12T01:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\/"},"modified":"2022-03-12T04:00:00","modified_gmt":"2022-03-12T01:00:00","slug":"kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\/","title":{"rendered":"# Kadena price soars by 40% after new protocol launches and a major exchange listing"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3cd1909c8a5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3cd1909c8a5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\/#%E2%80%9D_Kadena_price_soars_by_40_after_new_protocol_launches_and_a_major_exchange_listing_%E2%80%9C\" >&#8221; Kadena price soars by 40% after new protocol launches and a major exchange listing &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\/#Kadena_lists_on_Binance\" >Kadena lists on Binance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\/#New_projects_launch_on_the_Kadena_network\" >New projects launch on the Kadena network<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\/#Upcoming_roadmap_developments_could_be_bullish\" >Upcoming roadmap developments could be bullish<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Kadena_price_soars_by_40_after_new_protocol_launches_and_a_major_exchange_listing_%E2%80%9C\"><\/span>&#8221; Kadena price soars by 40% after new protocol launches and a major exchange listing &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is \u201calways be building.\u201d<\/p>\n<p>Kadena (KDA) is one project that has earned rewards from its forward-looking <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach 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. <\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/KDAUSD\/\">TradingView<\/a> shows that the price of KDA spiked 40% from a low of $5.94 in the early hours on March 11 to a high of $8.28 as its 24-hour trading volume surged 784% to $325 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/35d05ea4-9fd9-4104-b753-ef567b49ef70.png\"><figcaption style=\"text-align: center;\"><em>KDA\/USD 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Three reasons for the recent price growth for KDA include a new listing on Binance, the launch of the first decentralized exchange on the Kadena network and upcoming roadmap plans which include the launch of an NFT standard and wrapped native tokens. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Kadena_lists_on_Binance\"><\/span>Kadena lists on Binance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The biggest driver of KDA was the March 11 listing on Binance. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> will list <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kadena_io?ref_src=twsrc%5Etfw\">@kadena_io<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24KDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$KDA<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/b4yPmq6xu3\" data-amp=\"https:\/\/www-binance-com.cdn.ampproject.org\/c\/s\/www.binance.com\/en\/amp\/support\/announcement\/05519b80be9a48e188840f74b774469a\">https:\/\/t.co\/b4yPmq6xu3<\/a><\/p>\n<p>\u2014 Binance (@binance) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/binance\/status\/1502152426098343936?ref_src=twsrc%5Etfw\">March 11, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Following the announcement, the 24-hour trading volume spiked from an average $38 million to $325 million during trading on Friday. KuCoin exchange also saw high trading volume, with $117.4 million worth in trader occurring before the listing went live at Binance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"New_projects_launch_on_the_Kadena_network\"><\/span>New projects launch on the Kadena network<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A second development helping boost the price of KDA was the launch of new protocols on the Kadena network, including Kaddex, the first decentralized exchange in the project&#8217;s ecosystem which offers gas free trading. <\/p>\n<p>Kaddex also announced an integration with Simplex that will bring a fiat onramp into the growing decentralized finance ecosystem. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/KaddeXofficial?ref_src=twsrc%5Etfw\">@KaddeXofficial<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/XWalletOfficial?ref_src=twsrc%5Etfw\">@XWalletOfficial<\/a> are officially teaming up with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SimplexCC?ref_src=twsrc%5Etfw\">@SimplexCC<\/a> to bring Fiat on Ramp services into Kadena DeFi. <\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kadena_io?ref_src=twsrc%5Etfw\">@kadena_io<\/a> Ecosystem is growing stronger than ever. Support our journey! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/dj3nCDvNUw\">pic.twitter.com\/dj3nCDvNUw<\/a><\/p>\n<p>\u2014 Daniele DV \u26d3\ufe0f\ufe0f (@KDX_Mandrake) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/KDX_Mandrake\/status\/1501239211416068096?ref_src=twsrc%5Etfw\">March 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some of the other protocols that have recently launched and integrated with Kadena include, Hypercent Launchpad, a platofrm which facilitates the launch of verified projects on Kadena, and the crypto liquidity provider ZoidPay. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_roadmap_developments_could_be_bullish\"><\/span>Upcoming roadmap developments could be bullish<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A third factor helping to attract attention to Kadena is the project\u2019s upcoming roadmap goals which include the launch of of a native NFT standard called Marmalade. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Visit <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/oUM5Z9649E\">https:\/\/t.co\/oUM5Z9649E<\/a> for a list of our upcoming milestones: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/KPGkLD0S6W\">pic.twitter.com\/KPGkLD0S6W<\/a><\/p>\n<p>\u2014 Kadena (@kadena_io) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kadena_io\/status\/1499858531780108288?ref_src=twsrc%5Etfw\">March 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Other notable developments that are planned on the Kadena roadmap include the launch of wrapped native tokens like kBTC, kETH and kUSD, a push for additional U.S. and global exchange listings, the development of lending platform infrastructure and the launch of a sustainable mining initiative.<\/p>\n<p>Developers behind the project have also announced plans to launch testnets for a Kadena Ethereum Virtual Machine (EVM) bridge as well as a Kadena to Cosmos bridge that will facilitate interoperability with other popular blockchain ecosystems. <\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/kadena-price-soars-by-40-after-new-protocol-launches-and-a-major-exchange-listing\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Kadena price soars by 40% after new protocol launches and a major exchange listing &#8220; In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is \u201calways be building.\u201d Kadena (KDA) is one project that has earned rewards from its forward-looking approach to development despite the weakness in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":414941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZjAzMTUyMTAtZjlhYy00NzY2LWEwZWEtNjUzMDJhZGU5ZTM2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74894,74863,74868,75042,95118,75834,75578,74355,73785],"class_list":["post-414940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-blockchain","tag-cryptocurrencies","tag-defi","tag-mining","tag-nft","tag-pow","tag-proof-of-work","tag-adoption","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=414940"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/414941"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=414940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=414940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=414940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}