Kadena
KDA
Watchlist
₹145.72
LIVE
Watchlist
24H Low ₹145.09
24H High ₹159.72
Price of KDA today
The current live price of KDA today is ₹145.72, with a 24-hour trading volume of ₹3,22,92,93,859.44. Our KDA to INR price is updated in real-time. KDA has seen a decrease of -6.18% in the last 24 hours. With a live market cap of ₹43,47,73,22,870.96 , the circulating supply is at 298,061,906 KDA coins, with a maximum supply of 1,000,000,000KDA coins.
Kadena Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | -₹10.74 | 6.86% |
7 Days | ₹43.16 | 42.1% |
30 Days | ₹96.80 | 197.98% |
1 Year | ₹86.56 | 146.37% |
Kadena Price Information
Price Change (1hr)
6.75%
Price Change (24hr)
6.86%
Price Change (7d)
42.1%
Kadena Market Stats
Market Cap
₹43,47,73,22,870.96
Fully Diluted Market Cap
₹1,45,86,67,54,699.60
24hr Volume
₹3,22,92,93,859.44
36.21%
Circulating Supply
298061905.61 KDA
Total Supply
1000000000 KDA
Things to know about Kadena
What is Kadena (KDA)?
Kadena (KDA) is a digital currency utilised for payments on the Kadena public blockchain, compensating miners for mining blocks and covering transaction fees.
Functions similarly to ETH on Ethereum, facilitating network operations and user transactions.
Tokenomics
Kadena has a maximum supply of 1 billion KDA tokens, to be mined over 120 years.
Tokens are allocated to investors, strategic partners, core contributors, and community activities, with funds also supporting ecosystem growth through developer grants.
Market Data
As of today #{today’s date}, the price of Kadena is ₹145.72 INR or 1.6559 USD, with a 24-hour trading volume of 36696521.13 USD. The market capitalisation for Kadena is 494060487.17USD. The circulating supply is 298061905.61 Kadena, with the total supply also being 1000000000 Kadena.
Token Pros and Cons
Pros:
Scalable layer 1 Proof of Work (PoW) blockchain.
Features Pact, a secure smart contract language.
Provides transactions at zero fee.
Cons:
The platform’s execution and marketing strategies have faced criticism.
The ecosystem is still in development, limiting widespread use.
Why Should You Invest in Kadena
Kadena offers a promising investment due to its innovative architecture that ensures security and scalability, and its smart contract language, Pact, designed for security and ease of use.
USP of Kadena
Kadena’s unique selling proposition is its scalable layer 1 PoW blockchain, which is capable of high transaction throughput without sacrificing security or decentralisation, and its user-friendly smart contract language, Pact.
Problem Kadena is Solving
It aims to solve the blockchain trilemma by providing a scalable, secure, and decentralised platform, focusing on reducing interoperability inefficiencies across industries and integrating various networks seamlessly.
Founder and Team Background
It was founded by Stuart Popejoy and William Martino, former creators of JP Morgan’s first blockchain, with advisory input from Dr. Stuart Haber, a pivotal figure in blockchain’s invention and heavily cited in the Bitcoin whitepaper.
ICO Price
Kadena’s ICO price was $1 per KDA during the public sale in 2019, with earlier private sales pricing between $0.50 and $0.75.
Risks Associated in Investing in Kadena
Investing in Kadena carries risks like market volatility, regulatory changes, and varying rates of technology adoption, with criticisms over its tokenomics potentially affecting investor favorability until 2030.
Whitepaper Insights
The Kadena whitepaper outlines the design and functionality of the Kadena blockchain, which is an enterprise-grade, Layer 1 Proof-of-Work (PoW) blockchain. It introduces a novel architecture that aims to solve the blockchain trilemma of achieving scalability, security, and decentralisation without compromise.
Kadena’s blockchain is built upon a multi-chain structure known as Chainweb. This design interweaves multiple individual chains that operate in parallel, allowing for a significant increase in network capacity and transaction throughput. Each chain in the web references the others, creating a high level of security through interconnectivity while also enabling the network to scale horizontally as demand increases.
The whitepaper delves into the specifics of the Chainweb protocol, explaining how it functions and its advantages over traditional single-chain models. It discusses the consensus mechanism, which is a variation of PoW that allows for more efficient use of energy and resources while maintaining the robust security properties associated with PoW systems.
One of the key features of Kadena is its smart contract language, Pact. Pact is designed to be user-friendly and accessible, with features such as human-readable code, formal verification, and upgradeable contracts. This makes it easier for developers to write secure smart contracts, reducing the risk of bugs and vulnerabilities that have plagued other blockchain platforms.
The whitepaper also addresses the tokenomics of the KDA token, which is the native digital currency of the Kadena network. KDA is used to pay for transaction fees and computational services on the network, incentivising miners to maintain and secure the blockchain. The token supply is capped at 1 billion KDA, with a distribution plan that includes mining rewards, platform reserves, and allocations for investors and contributors.
Kadena’s approach to governance and network upgrades is also covered in the whitepaper. The platform aims to provide a transparent and democratic process for making decisions that affect the network, with mechanisms in place to ensure that changes are made responsibly and with community consensus.
Overall, the Kadena whitepaper presents a comprehensive vision for a scalable, secure, and user-friendly blockchain platform. It emphasises the importance of addressing the limitations of existing blockchain technologies and proposes innovative solutions to enable widespread adoption and real-world applications.
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Price as per 06:01 AM • 09 Dec 2024
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What is the price of Kadena (KDA)?
The current price of Kadena (KDA) in INR is ₹145.72 INR.
What is the current KDA market cap?
The current market capitalization of Kadena (KDA) is ₹43,47,73,22,870.96 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of KDA by the number of coins in circulation.
What is the current supply of Kadena (KDA)?
The current supply of Kadena (KDA) is 298061905.61 KDA. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Kadena (KDA)?
The 24-hour trading volume of Kadena (KDA) in INR is ₹3,22,92,93,859.44. This figure represents the total value of all KDA transactions across various exchanges within the last 24 hours.
How to Buy Kadena (KDA) in India?
To buy Kadena (KDA) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in KDA.
Can I buy Kadena (KDA) with UPI?
Yes, you can buy Kadena (KDA) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Kadena (KDA) to Indian Rupee (INR)?
To convert Kadena (KDA) to Indian Rupee (INR), you can use our KDA/INR conversion rates in real time.