⚡ Record activity on the KaiaChain ($KAIA ) network
The @Kaia Chain network recorded a notable surge in activity on October 9, achieving:
More than 503,000 transactions in just 24 hours.
An average processing rate of 5.82 TPS (transactions per second), making it the network’s busiest and most active day this month.
📈 Expected impact on $KAIA :
Higher demand and usage (Network Utility): More than half a million transactions in a single day reflects growing engagement on the network (whether through decentralized applications (DApps) or asset transfers), strengthening the underlying value of the $KAIA token.
Bullish catalyst: Increased operational activity is a positive signal for investors and traders, reflecting the network’s health and users’ continued adoption of it.
Increased token burn/gas fees: More transactions increase the use of the token to pay network fees, reducing the available supply and supporting price levels in the short to medium term.
#Kaia #blockchain #CryptoAnalysis #bullish
#Binance $KAIA
The @Kaia Chain network recorded a notable surge in activity on October 9, achieving:
More than 503,000 transactions in just 24 hours.
An average processing rate of 5.82 TPS (transactions per second), making it the network’s busiest and most active day this month.
📈 Expected impact on $KAIA :
Higher demand and usage (Network Utility): More than half a million transactions in a single day reflects growing engagement on the network (whether through decentralized applications (DApps) or asset transfers), strengthening the underlying value of the $KAIA token.
Bullish catalyst: Increased operational activity is a positive signal for investors and traders, reflecting the network’s health and users’ continued adoption of it.
Increased token burn/gas fees: More transactions increase the use of the token to pay network fees, reducing the available supply and supporting price levels in the short to medium term.
#Kaia #blockchain #CryptoAnalysis #bullish
#Binance $KAIA