Web3 development has become a top priority for the blockchain industry as infrastructure providers look to enable the new internet economy.
What is Kadena (KDA)? Kadena is an open-source, public blockchain made up of numerous chains functioning together to provide scalability. Kadena’s layer-1 blockchain, Chainweb, is a network in which multiple blockchains are “braided,” operating together for enhanced functionality. Decentralized applications (DApps) can be constructed on Kadena’s blockchain. Kadena is a proof-of-work (PoW) blockchain with its own coin, KDA. Within the Kadena ecosystem, the KDA coin functions as a payment vehicle for on-chain activity. Kadena’s smart contract language is called Pact. The KDA crypto asset also trades on numerous digital asset exchanges.
A listing at Binance and new interoperability-focused protocol launches resulted in a swift 40% gain in KDA price.19987
New staking opportunities in DeFi and centralized exchanges as well as a migration to the Ethereum network are just a few reasons for KDA’s recent 500% rally.84485
ANK, STX and KDA took a different path than most altcoins by posting double-digit gains over the past 24 hours.14933
Kadena preps its first ever listing on Bittrex Global, with initial trading pairs including Bitcoin and Tether.9096