Well now, it looks like Kadena decided to call it quits faster than a cowboy at a rodeo. The folks behind the blockchain, tired of the endless market storms, pulled the plug-immediately, no less. Guess they figured their digital city was more of a ghost town than a bustling metropolis.
Their official word? They’re shutting everything down, like a pancake breakfast after one too many burns. But don’t panic-Kadena’s blockchain isn’t lying in its grave just yet; it’s still running under the ghostly grip of miners trying to keep the lights on. You know what they say, a blockchain without its owners is like a cow without its udder-mostly still there, but not exactly thriving. 🐄
The token, oh the token! Kadena’s KDA, that shiny little thing that once went up faster than a squirrel on espresso, plunged nearly 60% to a measly $0.087. That’s right, from $27.64 in 2021 to less than a dollar-more sad than a dog without a bone. And folks? They sold like their digital lives depended on it-trading volume soared 1,292%, making it the wildest yard sale you’ve ever seen. 🤑
Despite the curtain falling, the blockchain ghosts still linger. Rewards for miners of over 566 million KDA will be handed out until 2139, because apparently, some things require patience-like waiting for a pizza delivery in a snowstorm. As for community governance? Well, they’re planning discussions-because nothing says ‘forward-looking’ like talking about it over coffee with a side of nostalgia. ☕
KADENA PUBLIC ANNOUNCEMENT
We regret to announce that the Kadena organization is no longer able to continue business operations and will be ceasing all business activity and active maintenance of the Kadena blockchain immediately.
We are tremendously grateful to everybody who…
– Kadena (@kadena_io) October 21, 2025
The Final Curtain for Kadena
The data was already whispering secrets-by 2022, Kadena’s total value locked was floating around $9 million. Fast forward to 2025, and it was down to just over $170,000. Talk about a digital ghost town. Once hailed as a scalable, enterprise-grade alternative to Ethereum, it now quietly tiptoes into the history books-probably wearing a ghost costume.
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2025-10-22 08:36