{"id":696050,"date":"2025-10-22T03:05:11","date_gmt":"2025-10-22T00:05:11","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/kadena-blames-market-conditions-as-founding-team-exits-tanking-token\/"},"modified":"2025-10-22T03:05:11","modified_gmt":"2025-10-22T00:05:11","slug":"kadena-blames-market-conditions-as-founding-team-exits-tanking-token","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kadena-blames-market-conditions-as-founding-team-exits-tanking-token\/","title":{"rendered":"Kadena blames \u2018market conditions\u2019 as founding team exits, tanking token"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTAvMDE5YTA4YjEtZWIzNC03OTRmLWE3ZTctMDg5MGVkNWE1OTlh.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>The team behind the Kadena blockchain said it is no longer able to continue business operations and will cease maintenance of the network im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely.<\/p>\n<p><p>The native token behind the Kadena layer 1 blockchain plummeted 60% in 90 minutes on Tuesday after its founding team announced it was winding down and ceasing all network maintenance due to \u201cmarket conditions.\u201d\u00a0<\/p>\n<p>In a post to X on Tuesday, Kadena <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/kadena_io\/status\/1980720876371779761\" rel=\"noopener nofollow\" target=\"_blank\">said<\/a> it \u201cis no longer able to continue business operations and will be ceasing all business activity and active maintenance of the Kadena blockchain immediately.\u201d<\/p>\n<p>\u201cWe are tremendously grateful to everybody who has participated in this journey with us. We regret that because of market conditions we are unable to continue to promote and support the adoption of this unique decentralized offering,\u201d it said.\u00a0<\/p>\n<p>Read more<\/p>\n<\/p>\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\/CAAqBwgKMN63nwsw68G3Aw\" 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;\"><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:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/kadena-team-discontinues-support-layer-1-kadena?utm_source=rss_feed&#038;utm_medium=feed%3Frand%3Dxmo86_1761091259536%26_rnd%3D03lep0&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team behind the Kadena blockchain said it is no longer able to continue business operations and will cease maintenance of the network immediately. The native token behind the Kadena layer 1 blockchain plummeted 60% in 90 minutes on Tuesday after its founding team announced it was winding down and ceasing all network maintenance due&#8230;<\/p>\n","protected":false},"author":1,"featured_media":696051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/019a08b1-eb34-794f-a7e7-0890ed5a599a","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,159309,74898,74892,117,70792],"class_list":["post-696050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-kadena","tag-sec","tag-tokens","tag-business","tag-jpmorgan-chase"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/696050","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=696050"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/696050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/696051"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=696050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=696050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=696050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}