Kadena Price Prediction 2023-2030
The Overview of the Kadena Ecosystem
Kadena is one of the highest-scaling layer 1 open-source repository public blockchain networks in the world. Kadena Network claims that it can execute nearly 500000 transactions per second. With the high transaction speed, Kadena does not require a layer 2 scaling like others, such as the Ethereum network. Kadena makes blockchain accessible to everyone in the world. Kadena, as an ecosystem, provides security to Bitcoin, unparalleled throughput, virtually free gas, and smart contracts. Kadena optimizes the features and scalability of the ‘Pact Smart Contract Language. Pact is readable for non-developers also, and it can automatically detect bugs. Let’s explore about Kadena price prediction with its technical analysis, features, technology, and more.
Kadena Overview
| Cryptocurrency | Kadena |
| Ticker Symbol | KDA |
| Price | $1.00 |
| Price Change 24H | +1.16% |
| Price Change 7D | -0.96% |
| Market Cap | $224,356,666 |
| Circulating Supply | 224,168,284 KDA |
| Trading Volume | $5,263,220 |
| All Time High | $28.25 |
| All Time Low | $0.1213 |
| Kadena ROI | +101.29% |
Unique Features and Services of Kadena
What makes Kadena different from other blockchain providers and smart contract dealers is, it addresses the major concerns of the cryptocurrency market, such as privacy, security, speed, high throughput and accuracy of transactions, the technical understanding for normal people to access the ecosystem. The platform was co-founded by pioneers of the blockchain industry. Stuart Popejoy, the founder and CEO of Kadena, was the former leader of JP Morgan’s emerging blockchain group, along with Will Martino, the co-founder, and president of Kadena. He was the tech lead of SEC’s cryptocurrency steering committee.
Smart contracts: Self-executing contracts with predefined terms and conditions between two parties is called smart contracts. The majority of smart contracts like Ethereum are not gasless. User has got no control over the contracts; they deploy into the network and run as programmed. But Kadena smart contract supported by Pact allows the user to build effortless smart contracts. Users can write the contract or launch it on the fiftieth dApp, making the contract much safer than other smart contracts.
No cost transactions: Kadena will decide to provide the first crypto gas station, eliminating all transaction fees to customers. This step can lead to the mass adoption of dApps. The unique architecture of Kadena can make increase energy-efficient transactions per second.
Blockchain technology: The public blockchain network of Kadena is the only shared and scalable layer 1 Proof of Work network in use today. The scalability and throughput are achieved by braiding with multiple blockchains like Bitcoin. To meet higher demands in the network, they created a live network expansion from 10 chains to 20 chains. The multichain architecture prevents Kadena from reaching the throughput ceiling. Kadena is the only scalable Proof of Work platform which is capable of scaling to settle 9+million trades executions every day.
DeFi and NFT payments: Pact provides flexibility and security to the system. Serial and fractional NFTs, faster payment with the use of Kuro Layer 2 technology. Trustless, decentralized, cross-chain transfers are executed seamlessly by the Kadena chain relay bridge. Pact is governed at three levels, code level, account management level, setting strategic direction for key community initiatives. All this is available on the website.
About Kadena (KDA) Token
KDA is the native cryptocurrency of the Kadena platform, which is used to pay for the Kadena services provided. The total supply is 1 billion tokens that are to be mined over 120 years. 70% allocated to miners, 20% for the providers, 7% for investors, and others rest is for the contributors. Token schedules and allocation are designed to provide sustainability. Kadena is generated through mining; existing coins can be used in three ways. Mining is incentivized by rewards for each block which will decrease gradually over the years. The total Kadena coin in the economy is 990M which means 1 billion launched coins minus 10 million burned at the launch. Currently, 220,080,434 KDA coins are in circulation.
- It can be directly transferred between users.
- Payments for creating a new smart contract.
- Paying the gas cost of executing a smart contract.
Kadena KDA has a wrapped version called WKDA, which allows it to operate in the Ethereuem network and will enable it to interact with EVM compatible DeFi protocols. The network has partnered with CELO, COSMOS, CoinMetro, Flex, Ledger, Polkadot, Terra, WRAPPED, Zelcore to create interoperability and integration within the network.
Kadena Technical Analysis
The Kadena (KDA) price has rallied since the beginning of this year, creating higher highs in the daily chart. The recent launch of Wrapped Kadena coin on the Ethereum network, roll out of non-fungible tokens, the new listing is the reason behind the recent Kadena price action.
Kadena price today is trading at $1.12. Kadena has a 24 hour trading volume $13,496,440, current market cap is $247,573,092 with a circulating supply 220,080,434 KDA. The price of Kadena registered an all-time high of $28.25 in November 2021 and an all-time low of $0.1213 in January 2021.
The historical data on the daily chart shows that the difference between the value of the opening price and the closing price of Kadena KDA is meager. Kadena was executing a bullish momentum till November 2021. After hitting an all-time high of $28.25, the KDA coin started to fall and traded below $10 mark in December 2021. There was a minor spike by the end of December 2021 when the price rose again but there was a downfall since then and from mid February 2022 price volatility is observed. In May 2022, Kadena price fell below $2 and since then, it has been trading in a range of $0.8 to $2 mark till date.
Currently, the price of Kadena is trading below $1.5 from the past few days with immediate support around $0.9. Any price drop below this is a sell Kadena indication. As per the current price action, the resistance of Kadena’s price is $1.3. As per the cryptocurrency prediction, we can expect the crypto industry will register positive trend in the upcoming years and along with that, Kadena price might also reflect earning potential.
Kadena Price Predictions: 2023-2030
The historical data shows Kadena price could register new highs in the upcoming years. The future forecast system is bullish on digital assets than money market instruments and fiat currencies. Not only individual investors but institutional investors are also looking for profitable future investments in cryptocurrencies.
Kadena Price Prediction 2023
As per the Kadena forecast, the KDA price might trade above the $2 mark in 2023. The KDA price forecast shows that Kadena’s value may reach the maximum price level of $2.5 by 2023. As per the Kadena prediction, it will be a profitable investment option for the future if invested at the current price levels.
Kadena Prediction 2024
Traders can buy Kadena to get a massive return as the KDA price may trade around $2.4 by the end of 2024. Kadena coin price prediction shows the average price will be around $2.8 in 2024.
Kadena Price Prediction 2025
Kadena coin price will touch the $3 mark by the end of 2025. The minimum price of KDA will be around $2.9 which is more than double the current value. And as per the KDA price prediction for 2025, the maximum price will be trading around $3.6 by the end of 2025.
KDA Price Prediction 2026
According to our Kadena price prediction for 2026, the price of KDA coin is predicted to be around a minimum value of $4.2. Kadena can reach a maximum price level of $4.9 with an average price of $4.77.
Kadena Coin Price Prediction 2027
Based on our KDA forecast, the price of Kadena will touch a maximum price of $5.3 within a year. The average price of KDA might be around $5.1 while on the downside, the minimum price would be around $4.9. Users should invest at the current price levels to earn hefty returns and their overall portfolio growth.
KDA Prediction 2028
By the beginning of 2028, the Kadena price will trade around $5.6 while the minimum price level will be at $5.3 by the end of the year. In addition, Kadena can reach up to the maximum price level of $6.1 as per the KDA price forecast.
Kadena Crypto Price Prediction 2029
Based on the Kadena price prediction for 2029, the average price of KDA might hit the $7 mark. During 2029, Kadena might register the maximum price level around $7.8 while the minimum price level of $6.8.
Kadena Price Prediction 2030
According to the KDA price prediction for 2030, the coin might record significant growth and reach the maximum price level of $10 with an average price of $9.1. On the downside, Kadena coin price might face correction and hit the minimum price level of $8.6.
Frequently Asked Questions
Is Kadena is a good investment?
Yes, Kadena is a good investment option based on the current KDA price trend and Kadena price prediction. The Kadena forecast is bullish for the near future. Buy Kadena for a period of five years for a good return in the future. Analyzing the company’s roadmap, every step, they are trying hard to create a new addition to increase Kadena network value and KDA coin price. Unpredictability is the main risk in crypto investment. A bit of proper financial advice is necessary before investing.
Where can I buy Kadena?
Traders can buy Kadena KDA cryptos from the leading crypto exchanges like KuCoin, Hotbit, CoinEx, Bittrex, and Hoo.
Can I stake Kadena?
Yes, anyone can stake Kadena KDA to earn a passive income.
What will be the price of Kadena in 2030?
According to the Kadena price forecast, the coin might register overall growth along with its market cap. The KDA price might reach the $10 mark in 2030.
Buy Kadena