Kadena (KDA)
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Overview
Kadena is a public blockchain built to run transactions and software applications across multiple connected chains. Its native coin, KDA, pays for activity on the network and rewards miners who add new blocks. Kadena uses proof of work, the method in which miners spend computing power to help secure a blockchain. Its defining feature, Chainweb, links parallel chains so they can process work at the same time. (coingecko.com)
Kadena’s story has two phases. The company that created it, Kadena LLC, ended operations in 2025. An independent community group then developed a fork called KDA Community Edition. The distinction matters when reading older descriptions of the project: its original company and today’s community developers are separate groups. (kadena.io)
Price, Market Position, and Liquidity
As of 10/10/2026 00:00 UTC, Kadena (KDA) trades at $0.010 with a +12.91% move over the last 24 hours.
The market capitalization stands at $2.9M, placing it at rank #2098 by market value.
Daily trading volume is $7.4K. Kadena (KDA) has moved +2.64% over the past seven days and +105.61% across the last 30 days.
History & Team
From company project to community fork
Stuart Popejoy and Will Martino founded Kadena in 2016 after working on blockchain technology at JPMorgan. Popejoy led the bank’s Blockchain Center of Excellence and developed Pact, the smart-contract language used by Kadena. The public Chainweb network launched in 2019, bringing together the team’s work on mining, connected chains, and programmable contracts. (kadena.io)
Kadena LLC ended business operations on October 21, 2025. Its original mainnet stopped producing blocks on November 15, 2025, according to a later release from its node-software repository. Community participants created a separate blockchain fork and took on development under the KDA Community Edition name. That group publishes node software, documentation, and network tools through its own repositories. (kadena.io)
The change also shifted how parts of the project are managed. Community organizers reported moving control of the platform allocation to a community-aligned multisignature wallet. A multisignature wallet requires approval from more than one key holder before funds can move. Miners continue to play a central role because they produce blocks and can signal support for network upgrades. (medium.com)
Technology & How It Works
Chainweb and proof of work
A single-chain blockchain handles its activity in one sequence of blocks. Chainweb spreads that work across 20 parallel chains, numbered 0 through 19. Miners perform proof-of-work calculations to add blocks, while connections between the chains tie their histories together. This braided design gives applications more room to process transactions than a single chain of the same size. It also means a wallet or application must identify which chain holds an account’s funds. (kda-chain.org)
Moving KDA between Chainweb chains takes more than one step. A transfer begins on the source chain and is completed on the destination chain using a proof of what happened first. Pact handles this as a continuing transaction. Wallet software can manage much of the process, but the chain number remains an important part of sending and receiving KDA. (kda-chain.org)
Pact smart contracts
Pact is Kadena’s open-source language for smart contracts: programs that carry out rules recorded on a blockchain. It is designed to make contract logic readable and to give developers tools for testing whether that logic behaves as intended. Pact supports controls such as requiring several signatures to approve an action. Its contracts can also be updated under rules set by their developers. (kda-chain.org)
Pact limits some programming features, including unbounded loops and recursion. That helps make the computing work required by a transaction more predictable. Developers can test contracts on a local network before submitting them to a public one. These tools shape how Kadena applications are built, even though most people using an app will interact only with a wallet and a simple interface. (kda-chain.org)
Gas stations and network upgrades
Transactions use gas, a measure of the computing work they require. Kadena applications can set up a gas station: an account that pays transaction fees on behalf of users. The fee still exists, but the application covers it. This lets someone use an app without first obtaining KDA solely to pay for that action. (kda-chain.org)
Community development has continued through node-software releases. In 2026, the Community Edition group released Chainweb 3.2 with changes to upgrade voting and how gas is charged for some transaction work. Its upgrade system lets miners signal support for proposed rule changes through the blocks they produce. (medium.com)
Tokenomics & Utility
KDA has a planned maximum allocation of one billion coins. Under the original economic model, 70% was assigned to mining rewards and 20% to a platform allocation for supporting the network. Investors and strategic collaborators were assigned 6%, contributors 3%, and 1% was burned at launch. Mining rewards are released gradually rather than all at once; the original schedule extended them into the 2130s. (medium.com)
KDA’s main jobs are straightforward. Users or app operators spend it on transaction fees and smart-contract computation. Miners receive it for producing blocks. An app that runs a gas station uses its own KDA to cover fees for its users. These uses connect demand for the coin to activity on Chainweb, while mining provides a scheduled way to distribute new coins. (coingecko.com)
The community fork brought fresh attention to the platform allocation and its oversight. Community organizers described placing its control with a multisignature group while developing longer-term governance arrangements. That allocation has a different purpose from mining rewards, which go to participants producing blocks under the network’s rules. (medium.com)
Ecosystem & Use Cases
Kadena can support payments, token creation, exchanges, games, and digital collectibles. Marmalade provides a framework for non-fungible tokens, or NFTs, whose rules can include features such as creator royalties. Community listings also include decentralized exchanges, developer tools, and block explorers that let people inspect recorded transactions. A project’s presence in an ecosystem directory describes what it is building; it does not, by itself, measure how widely people use it. (kda-chain.org)
One example of a cross-network tool is Kinesis Bridge. Its first version connects Kadena and Ethereum by locking an asset on its home chain and creating a corresponding wrapped asset on the destination chain. This serves a different purpose from a transfer between two Chainweb chains: a bridge connects separate blockchain networks. (kinesis.kda-chain.org)
For developers, Pact’s account permissions and gas stations make it possible to design apps with familiar user experiences. A game could pay the fees for an in-game action, for instance, while a business app could require several people to approve a transfer. These are examples of what the network’s tools allow, rather than measures of adoption in any one industry. (kda-chain.org)
Advantages & Challenges
Chainweb’s main advantage is its parallel design: several chains can process activity while remaining linked within one proof-of-work system. Pact adds readable contract code, testing tools, and detailed permissions. Gas stations give app builders a way to make fees less visible to users. Together, these features offer a distinct approach to scaling and building blockchain applications. (github.com)
That design also asks more of its tools and developers. Moving funds between chains involves a continuing transaction, and developers must learn Pact to use its native features. Since Kadena LLC closed, maintenance and new applications have depended on independent contributors, miners, and community projects. The 2026 Chainweb releases show that this group has continued technical work, including changes to transaction processing and upgrade voting. (kda-chain.org)
Where to Buy & Wallets
KDA is available for spot trading on Gate. The Community Edition ecosystem directory also lists CoinEx and CoinMetro. Exchange access depends on the platform and the user’s location, and each platform controls its own deposit and withdrawal support. (gate.com)
KDA can be held in wallets built for Kadena. The community wallet directory lists eckoWALLET for mobile and browser use, Zelcore for several devices, Linx Wallet for mobile use, and Chainweaver for desktop users and developers. These are non-custodial options, meaning the user controls the keys to the wallet. Kadena transactions also identify a specific Chainweb chain, so an exchange withdrawal and its receiving wallet need matching chain details. (kda-chain.org)
Regulatory & Compliance
Rules affecting KDA depend on the country and on the activity involved. In the United States, the Internal Revenue Service treats digital assets as property for federal tax purposes. Its guidance covers reporting for sales, exchanges, payments, and mining income. In the European Union, the Markets in Crypto-Assets framework sets authorization rules for businesses that provide crypto-asset services, including exchange and custody services. Those rules concern service providers as well as the assets people use through them. (irs.gov)
Shariah assessments consider both a token’s design and how it is used. KDA pays for network computation, and proof-of-work rewards compensate mining activity. CryptoUmmah classified Kadena as mashbooh, or doubtful, in a review dated July 2026, citing concerns within its screening method about uncertainty and speculation. Sharlife lists a KDA assessment, but makes its judgment available to subscribers; its public page gives the last screening date as the first quarter of 2022. The terms of a particular purchase or financial application can also matter to an Islamic-finance assessment. (cryptoummah.com)
Future Outlook
Kadena’s next phase rests with the people maintaining the community fork and building on it. The Community Edition group has released updated node software, a new test network, and tools for miner voting. It also lists bridges, exchanges, and other applications in its ecosystem. These efforts give developers a working base for further projects. (medium.com)
The central question is how much lasting use those projects can bring to the network. More useful apps would give people reasons to make transactions and developers reasons to maintain tools across Chainweb’s connected chains. Community governance and continued miner participation will help determine how the technology develops. (kda-chain.org)
Summary
Kadena combines proof-of-work mining with parallel, connected chains and the Pact smart-contract language. KDA pays for network activity and rewards block producers. After the founding company closed in 2025, an independent community fork carried development forward. Kadena’s place in the crypto ecosystem now reflects both its unusual technical design and the work of the community maintaining it. (github.com)
Description
#2098
Kadena is a blockchain platform that combines the security of Bitcoin with the speed and scalability of layer-1 protocols, designed for enterprise use and decentralized applications. It features a unique proof-of-work mechanism and is scalable to support high transaction volumes with low fees.
| Sector: | Layer 1 |
| Blockchain: | Other L1 |
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Gate.io (CEX) | 7.5K | 130/782 |