Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

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Altcoins

Kadena is an innovative Layer 1 blockchain ecosystem with private and public blockchain networks. Find out more about this interesting ecosystem here.

 technology offers many promises, such as enhancing security, protecting privacy and more. While the blockchain technologies produced today have made grand promises, the unfortunate reality is that the technology has not been widely adopted because of problems and insufficiencies with existing blockchain applications. 

Current blockchain technologies have been developed as private blockchain applications. 

, however, is a dual-layered blockchain system with numerous attractive traits, and it has been designed to encourage widespread adoption. A closer look at how this technology works will shed light on its profound features and abilities.

 (PoW) technology, this blockchain technology has been designed from the ground up to give developers an infrastructure-level performance for their blockchain projects. The Kadena platform was founded in 2016 by

. Popejoy headed the Emerging Blockchain group at JPMorgan, while Martino served as the Tech Lead for the Cryptocurrency Steering Committee of the 

 together, which was JPMorgan’s first attempt at blockchain development.

Other notable players in the blockchain world are directly active with the technology. They include 

, who co-invented blockchain. They also include 

. Along with Haber, Stornetta developed time-stamping documents more than two decades before the debut of Bitcoin. This core group of individuals, along with many other accomplished experts, have the primary goal of using a 

 language that would take blockchain technology to a new level.

 is a unique platform that stands apart from other blockchain technologies through its design and features. Notably, it uses a proof of work function to address issues that have plagued other platforms. Specifically, the design of this blockchain technology optimizes scalability and throughput. Scalability is improved through braided chains, and security is on par with what Bitcoin can deliver.

Notable platforms such as Bitcoin and Ethereum use single-chain architecture. Because of this, their proof of work cannot be scaled in the same way as Kadena’s. The multi-chain, braided structure of the Kadena blockchain creates limitless throughput capabilities. In fact, its scalability accommodates millions of trades daily.

The Kadena ecosystem also stands apart from private blockchain systems in other key areas. For example, it aligns the interests of all blockchain participants through the allocation and distribution of coins. Its customized process for doing so creates sustainability, scalability and security.

The blockchain is designed with the smart contracts development language known as “Pact.” To promote the functionality of this blockchain, Pact has been cleanly developed specifically for developers and non-developers alike to read and employ. With more than two years of experience, the functionality of Pact has been put to full use. The language lays the framework for exciting features that are still in the works for other projects. Its active qualities cover interoperability, multi-sign, error messaging and more. Added to the specific design of this smart contract language is its use of transactional logic. This logic integrates workflow, data management and authorization seamlessly.

The primary concept behind this blockchain was to create a technology that was easy enough for both developers and non-developers to use for application development. At the same time, it is designed with scalability in mind. Notably, this blockchain network can process more than 200 

 (TPS) while also confirming transactions within 10 seconds.

The robust capabilities and incredible functionality of this blockchain network are both supported and enhanced by a number of great features. What makes the Kadena network stand apart from other technologies currently in use, or being developed today?

Across a wide range of industries, Kadena can be applied with a focus on speed, security and scalability. Its

 is supported by readable smart contracts as well as private blockchain and public blockchain protocols. The language of Pact supports optimized functionality in an easy-to-use way. At the same time, the technology uses a series of braided chains that allows it to be fully scalable for a wide range of applications. 

While many other seemingly comparable technologies have some of these functionalities in the works, they have yet to achieve what this blockchain network has already been successfully doing for more than two years.

Kadena's smart contract language, Pact, was developed for enterprise-level applications. Without getting a headache, non-programmers can use 

 to create scalable solutions. The rudimentary language is oriented around the use of secure smart contracts. At the same time, it promotes efficiency and offers superior functionality through its straightforward design. Notably, Pact has been developed on 

, the software solution that has been created specifically for launching blockchains.

Kadena uses KDA as its native cryptocurrency. Block mining and computational power are paid for with KDA. This means that KDA is paid by users to include individual transactions in a block. This practice also applies on a larger scale to a block of transactions. However, transaction fees for consumers are minor, and some businesses are able to eliminate transaction fees altogether using this blockchain technology. This innovative network has a cryptocurrency gas station that negates the need for transaction fees. In the process, it removes a major roadblock that has prevented the mass adoption of other similar technologies.

It is easy to assume that the efficient use of energy would plummet as transactions are scaled. While this may be the case with some lesser platforms, it is not the case for Kadena. The idiosyncratic design of this technology enables its energy consumption to remain constant even when demands on the network skyrocket. Because of this special quality, you will find that energy efficiency is optimized to greater levels as the number of transactions completed per second increases. Notably, the scalability of this technology also affects speed efficiency. Through efficiency, this network can be progressively scaled to higher levels without jeopardizing its overall functionality in any way.

The founders of Kadena, Stuart Popejoy and William Martino, originally teamed up at JPMorgan to develop the JPM Coin. Through that important professional experience, Popejoy and Martino saw clearly that existing blockchain solutions have solid limitations in security. Because of Kadena’s functionality on proof of work, it offers a level of security and reliability that you will not find with other similar solutions.

Kadena operates as a hybrid blockchain with two distinctive layers — Chainweb and Kuro. Chainweb is the first layer, and it’s a public blockchain, which means any user can contribute to the ledger. This enhances functionality, but this type of layer is usually not as fast as a private blockchain. Notably, Chainweb had only 10 chains prior to August 2020. Later, it was upgraded to 20 braided chains. The upgrade is what established improved scalability without negatively impacting the blockchain network’s security. Be aware that Bitcoin and many other similar technologies use only one chain.

The second layer that Kadena operates with is Kuro, which is Kadena's private blockchain. This means only those who have been invited to use the technology can do so. Administrators, understandably, allow only those whom they trust to access the system, so this facilitates security. Kuro functions at a much faster rate than Chainweb. In fact, it’s capable of processing 8,000 transactions per second, and this is spread over 500 nodes. Combined, Chainweb and Kuro support the processing of 480,000 transactions per second.

 (DEX) that is built on Kadena’s well-designed blockchain. Because the system will be scaled linearly, gas available through the blockchain system’s cryptocurrency gas station remains free, regardless of how large Kadena grows. 

Kaddex has other exciting qualities as well. For example, because it is integrated with minimum trade size splits and state channels, it promotes security. At the same time, it has a faster confirmation time, a faster transaction processing time and a higher level of resilience. Kaddex also enables stakers to earn passive income through their activities. Kaddex’s unique features include swapping, pooling, 

 from Ethereum. It shows recent transactions on a per-second rate as well as the mining difficulty. This information, known as the 

, builds proof of work blockchains. A higher hash rate indicates greater security. Hackers can break into a system and alter transaction data, reverse transactions and take other steps to cheat the system. Kadena Block Explorer also provides a readout for the circulating supply of coins, block height and the number of transactions.

 in July 2021 to give users the chance to help secure the chain relay through bonding KDA. These users, referred to as bonders, will help by operating software that proposes and endorses bridged data. This process is meant to allow Kadena to establish robust economic security for bridging activities. In return, bonders are rewarded for their active participation with fees in the form of competitive APY and activity fees.

While Kadena has been active for only a few years, it’s already being used successfully in a variety of ways. Its security, scalability and even its free-of-charge gas stations make this a desirable technology that will undoubtedly continue to be adopted by many others going forward. Already, Kadena has connected to the Ethereum Mainnet. This cross-chain bridging has also been completed with such notables as 

 and Terra. Kadena also works with Amazon and other major entities.

Looking ahead, Kadena will soon be adopted by 

 games. These are trending in popularity, and Kadena is perfectly suited to support them. In addition, Kadena is actively offering grants to encourage the development of new projects. The application for the development grants is available through the blockchain’s website.

The price of Kadena’s token, KDA, fluctuates regularly in the same way that other cryptocurrency prices fluctuate. In some cases, the change in price has been extreme. For example, KDA’s price jumped by 1,400 percent between October and November 2021. The spike has been correlated with positive media attention. This was followed by a notable correction.

Currently, miners have the largest allocation of KDA tokens as encouragement for completing mining transactions. However, the mining rate of KDA is expected to halve annually. This means that miners will receive half of what they got in the previous year for mining a block. This is reminiscent of Bitcoin's strategy, which halves its mining rate every four years. It is important to note that Kadena’s mining schedule can be adjusted at any time. Adding to KDA’s tokenomics is the fact that allocations for investors and contributors will be fully vested this year.

Generally, tokens worth approximately $5.8 million in U.S. dollars are staked by the Kadena community every 20 minutes. This reflects the community’s focus on yield farming and its commitment to decentralized finance. These important factors may ultimately help drive the coin’s demand in the months and years to come.

 has progressed impressively with the accomplishment of major milestones. The platform’s development, for example, has included the 

, the development of Chainweb Mainnet 2.12, the release of Pact 4.2.0 and more. Advancements in the development of the ecosystem are also notable. They include listing on the Binance exchange, refreshing developer documentation and launching Kadena Eco.

Looking forward, much more work still needs to be done on Kadena. Plans for the ecosystem include the development of Pact Core v1, employing the Ledger hardware wallet, supporting a Chainweaver token, integrating with WalletConnect and achieving other milestones. Likewise, there are ecosystem projects in the works, such as creating an infrastructure for lending, launching a sustainable mining initiative, establishing more partnerships for growth, completing phase two of the ecosystem initiative and other efforts.

It’s important to note that it’s not possible to accurately predict the future value of a cryptocurrency asset. Cryptocurrency prices are highly volatile and are affected by numerous factors. However, many experts agree that the value of KDA tokens will generally trend upward for at least the next year. The token’s all-time low of $0.12 occurred in January 2021. The all-time high, $28.25, was in November 2021. Its current value reflects a correction after that spike. Looking ahead, some experts believe that

 could reach $11.06 in 2023 and $14.54 by 2025.

 tokens could be a lucrative move. Kadena is an innovative technology that addresses many of the challenges that have plagued other blockchains and inhibited the viability of the technologies. Because of Kadena’s differences, however, it makes sense to turn your attention to the purchase of KDA tokens today. KDA tokens are available through several exchanges. 

, you can purchase KDA tokens as perpetual contracts at the current market value, and you can hold your tokens until you wish to sell or use them. The tokens can conveniently be purchased through this platform after you create and fund your account. These steps can be completed quickly through an online process.

Kadena has numerous standout traits that differentiate it from other blockchains. For example, it uses 20 chains braided together rather than a single chain as other blockchains use. This allows for speed and efficiency, reliability and scalability. Kadena also uses a gas station system to allow transactions to be completed without transaction fees. Even Kadena’s programming language, Pact, is engineered differently to accommodate use by both developers and non-developers for optimized functionality.

Much work has already been done on the Kadena system, but the blockchain’s developers have more great plans in mind. With all of these factors taken into consideration, KDA tokens are built on a stable, high-level blockchain that’s still improving. This means there’s considerable upside potential for an investment in KDA tokens.

This is a well-designed blockchain that’s quickly positioning itself as a leader in the pack. It offers advancements and features that even Bitcoin and Ethereum don’t offer, such as scalability. At the same time, the blockchain’s founders and developers continue to work on the blockchain daily to boost its functionality to even higher levels. From launching wrapped native tokens on Kadena to enhancing the Wallet API to accommodate multiple transactions, Kadena continues to be a work in progress. In fact, its future progression also includes being listed on more U.S. exchanges, focusing on marketing to promote Kadena’s winning features, updating 

 and showcasing current and upcoming projects.

With hundreds of cryptocurrencies available to invest in today, it can be challenging to determine which options have true staying power and growth potential. However, with all of this blockchain's current and upcoming features and accomplishments, it’s a blockchain to keep an eye on and to invest in.

Kadena is a proof of work blockchain that rises up to accomplish feats where other blockchains fall flat. At the same time, it continues to evolve as its skilled developers make regular advances in its design, technology, availability and promotion.

Kadena (KDA): Building Blockchains With Industrial Scalability

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards