Kaia, formerly Klaytn, recently announced its Live Dune dashboard, and some of the numbers there are mind-blowing. It is undoubtedly one of the most used crypto projects, particularly in the Asian market.

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KAIA Crypto Strong User Numbers: Worth Buying in the Current Market?

The merger between Kalytn and LINE’s Finschia led to the creation of the Layer 1 blockchain crypto platform, Kaia. Given the original LINE app’s popularity and user base across Asia, it was clear after this moment that Kaia is on track to be one of the largest crypto projects in terms of user base.

The vision was to onboard as many users to Web3 as possible. The company integrated its token and wallet into LINE, allowing users to easily send and receive Kaia crypto tokens. They also introduced a mini Dapp Portal, providing developers a tool to create new games or social apps for users to interact with these apps and earn rewards as they engage with the ecosystem.

Recently, it introduced its full dashboard on DUNE, providing more transparency and real-time insights. The platform has an impressive 23 million monthly users and over 5 million showing up daily, but the Total Value Locked is just $32M, which makes for a pretty underwhelming ratio. Furthermore, Kaia is yet to publish profitability reports publicly, making it hard to fully judge its financial performance.

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Kaia is a proven project, so it will always follow its catalyst and market sentiment. Chart-wise, over the last month, the price remained relatively stable. However, it’s making a strong volume, it is maintaining a support level at 0.1150, having bounced from this level multiple times. The EMA lines are showing an upward trajectory, confirming that the overall trend remains bullish. Breaking out above 0.13 and maintaining that level can confirm the bullish sentiment, potentially driving prices higher.

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($SOLX) Solaxy: The First-ever L2 for Solana raised 32M, Better Potential Than Kaia?

With the total expansion of dApps on Solana, the increased number of transactions, and the bull market approaching, there is an increasing need for L2 networks due to the huge congestion on the blockchains that can happen, especially with Solana. As we know, Solana has kept facing congestion from time to time over the last few months.

As the first-ever Solana Layer-2 blockchain, Solaxy directly addresses Solana’s pain points, congestion, failed transactions, and scalability limitations.

Solaxy aims to offload the burden on Solana and unlock the chain’s full potential for users, developers, and investors alike. Given the renewed interest in the meme coin and the Solana ecosystem, it comes at the perfect time.

Solaxy is off to a hot start as a potential low-cap gem, as it can multiply over the years while offering its holders passive income. The presale raised $32.8 million out of $33.6 million. In the current presale round, $SOLX is priced at just $0.001712, and staking offers up to 122% APY. Holders who lock earn high passive income while the coin price can multiply over time.

Also, presales that raise funds quickly and attract many investors often see gains of 5x-10x after launch and tend to earn listings on centralized exchanges. And usually, smart whales accumulate these kinds of projects silently. Get your position in the presale now by visiting the website.

For the latest updates on the project, connect with the SOLX community on X and Telegram.

Click here to learn more about the project and participate in the presale.

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Key Takeaways

  • Kaia’s user base is continuously growing, largely due to its strong presence in the Asian market.
  • Kaia is a proven project, and its market performance depends on market sentiment and emerging catalysts.

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Ahmed Ziyad
Ahmed Ziyad
Crypto Journalist

Combining the art of being a degenerate with technical analysis, Ahmed is a seasoned crypto markets analyst specializing in early-stage projects, emerging market trends, and sentiment-driven trading strategies. Ahmed began his full-time involvement in the crypto space in 2018. Prior... Read More

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