$KDA is the native token of the Kadena blockchain, a proof-of-work (PoW) smart-contract platform that aims to combine Bitcoin-style security with higher scalability. Today KDA trades at just above $0.007–$0.008 USD, with a very low market cap (around ~$2.5 million), showing limited trading activity and volume compared to major cryptos. Its price has fallen dramatically from its all-time high of ~$28 in 2021 — a drop of more than ~99% — reflecting a long-term downtrend and weak market interest. Recent sentiment has been mixed because the original development company stepped back from active maintenance, leaving the network increasingly community-driven. That decentralized shift could be positive long-term if adoption grows, but right now low liquidity, muted price action, and weak momentum make KDA speculative and risky for traders.

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