Kadena is a blockchain company launched in June 2016. It is best known because its Chainweb architecture massively increases network throughput by combining several proof-of-work (PoW) blockchains. Kadena combines PoW with directed acyclic graph (DAG) principles to create a scalable blockchain. This way, Kadena can provide unparalleled throughput while maintaining security similar to Bitcoin.

Allegedly, Chainweb is the only sharded and scalable layer-1 PoW operating network suitable for enterprises and global financial systems. As opposed to Bitcoin, Kadena is much more energy-efficient since it does not consume more energy as it scales up. Kadena promises low transaction fees for consumers, and it offers crypto gas stations, which are wallets that allow businesses to pay for their customers’ gas fees, facilitating the adoption of blockchain for businesses.

KDA is the native token of the Kadena blockchain, primarily used to pay for computation fees (i.e., gas fees). It is also used to pay rewards to miners. In this Kadena coin price prediction, we discuss the perspectives of KDA as an investment for the next few years.

Kadena Coin (KDA) Overview

As of February 34, 2024, KDA was the 173rd most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The table below summarizes relevant KDA data for this date.

Coin Name	Kadena
Coin Symbol	KDA
USD Price	$0.9669
Market Cap	$253,969,497
24h Trading Volume	$2,877,325
Maximum Supply	1,000,000,000 KDA

Kadena Coin (KDA) Price History

The first private KDA token sale took place in 2018, raising $2.25 million after selling 4,500,000 KDA. The second round raised $12.9 million after selling 17,200,000 KDA. This token hit the open market on May 31, 2020, at $0.3335.The KDA price rapidly increased in the following weeks, reaching nearly $0.8 on August 9 of that year. However, toward the end of 2020, KDA traded at about $0.14.

The KDA steadily regained value in 2021, reaching nearly $1.8 on April 9. However, from mid-May to the end of August, the KDA price stayed below $1. On September 6, KDA traded at $1, which increased 28-fold in approximately three months. On November 11, 2021, KDA traded at its all-time high of $28.25. A price correction followed, sending the KDA price to $9.6 on December 13. The KDA token closed 2021 at about $12.6.

The year 2022 was not good for the crypto market, and KDA was also affected. This token’s price sharply dropped in the year’s first half, reaching $2 by June 1. The downtrend continued in the year’s second half, albeit more slowly. KDA closed 2022 at about $0.9. In the first months of 2023, KDA maintained a relatively stable price. However, the KDA price steadily dropped in the following months, reaching $0.42 on October 19, 2023. From that point, the trend reversed, and the KDA price started to expand, closing the year at $1.34.

The KDA price has declined in the first month of this year. As of February 4, 2024, the KDA price was about $0.97.

Kadena Coin (KDA) Price Prediction

Kadena Coin (KDA) Price Prediction for 2025

According to PricePrediction, KDA could trade at an average of $2.1 in 2025, with a maximum of $2.4. DigitalCoinPrice predicts an average KDA price of $2.4 in 2025, with a potential maximum of $2.5. BitcoinWisdom offers a more optimistic scenario, with an average price of $3.1 and a maximum of $3.35. So, your KDA investment at the current trading price of $0.97 could increase its worth by +245%.

Kadena Coin (KDA) Price Prediction for 2026

In 2026, DigitalCoinPrice expects the average KDA price to be $3.2, with a potential maximum of $3.5. PricePrediction indicates an average price of $3 and a maximum of $3.6. BitcoinWisdom predicts an average KDA price of $4 and a maximum of $4.3. Therefore, your KDA investment at the current $0.97 could increase its value by +343%.

Kadena Coin (KDA) Price Prediction for 2030

In the long run, the KDA price will continue to expand, although predictions disagree on how much KDA will grow. DigitalCoinPrice expects KDA to trade at an average price of $7 and a maximum of $7.2. BitcoinWisdom predicts an average price of $7.8 and a maximum of $8.1. PricePrediction is significantly more optimistic, indicating an average KDA price of $13.6 and a maximum of $16. Hence, your KDA investment at the current trading price of $0.97 could grow by +1,549% by 2030.

Conclusion

Kadena is an exciting blockchain aiming to solve the challenges existing blockchains face, such as speed, scalability, and security limitations. The project promises to scale PoW blockchains without compromising security, creating a blockchain platform suitable for enterprise use. Kadena’s native token, KDA, had a good performance before the crypto bearish market of 2022. Since then, the KDA token has shown meager growth. Although most price predictions are optimistic about this token’s future, a lot depends on how the Kadena network will continue to develop. You should invest cautiously in this crypto asset.

FAQs

Is Kadena Coin (KDA) a good investment?

It is not easy to tell. While price predictions picture a promising future for this token, a lot depends on how the Kadena network continues to develop.

How high can Kadena Coin (KDA) go?

According to PricePrediction, the KDA price will reach a new all-time high in 2032, when this token will reach a minimum of $28.7 (shattering the previous all-time high) and a maximum of $34.1. In the distant future, KDA could trade at $858.9 in 2040 and $1,263.2 in 2050.

Where can I buy Kadena Coin (KDA)?

Several exchanges list KDA for trading. If you want to benefit from competitive rates without hassle when buying KDA, the best option is LetsExchange.io.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.