After 9 years of development, Kadena ($KDA) has officially announced the cessation of all operations due to a lack of funding and operational capacity.
This marks the end of the project and for many, including myself, a painful chapter.
My investment in KDA is now down over 90%, and more importantly, my confidence in this project is gone. What makes this harder to digest is not just the loss, but the sequence of events:
• KDA was recently labeled “Suspended” on MEXC
• The issue was initially dismissed and “corrected”
• Days later, the team abandoned the project entirely
For a project that positioned itself as long-term infrastructure, this outcome feels like a complete collapse of trust.
And this is the uncomfortable truth many don’t want to accept:
👉 Any project can collapse even a Layer 1, even one once considered “top-tier.”
Strong branding, big narratives, well-known founders, or years of history do not guarantee survival.
If funding dries up, governance fails, or execution stalls, the end can come fast and without warning.
This isn’t about short-term price action.
It’s about accountability, transparency, and responsibility to the community.
Moments like this are a reminder that:
Longevity ≠ sustainability
Strong narratives ≠ strong balance sheets
“Blue-chip” labels in crypto are often illusions
Risk never disappears it only changes form
I’ll be stepping back for a while to reassess and reset. Losses like this don’t just hit portfolios they force reflection.
Crypto rewards conviction, but it punishes blind trust even harder.
If you’re still holding or were following KDA closely, I genuinely hope you manage risk better than I did.
Sometimes the market doesn’t teach gently.
