{"id":83115,"date":"2025-10-22T11:50:05","date_gmt":"2025-10-22T11:50:05","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2025\/10\/22\/can-cardano-save-kadena-hoskinson-reaches-out-after-kda-token-plunges-60-amid-shutdown\/"},"modified":"2025-10-22T11:50:06","modified_gmt":"2025-10-22T11:50:06","slug":"can-cardano-save-kadena-hoskinson-reaches-out-after-kda-token-plunges-60-amid-shutdown","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2025\/10\/22\/can-cardano-save-kadena-hoskinson-reaches-out-after-kda-token-plunges-60-amid-shutdown\/","title":{"rendered":"Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\">\n<p><span style=\"font-weight: 400;\">Kadena has introduced it was shutting down operations, sending its KDA worth right into a freefall. In gentle of this, Cardano founder Charles Hoskinson publicly supplied to attach with the mission\u2019s neighborhood. This has led to hypothesis of a possible partnership.<\/span><\/p>\n<h2>Cardano Founder Extends a Hand to Kadena<\/h2>\n<p><span style=\"font-weight: 400;\">In a <\/span><span style=\"font-weight: 400;\">submit on X,<\/span><span style=\"font-weight: 400;\"> Charles Hoskinson signaled doable help or partnership discussions within the wake of the community\u2019s turmoil. His outreach got here simply hours after Kadena issued a public announcement confirming that the corporate behind the blockchain may now not maintain operations.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Anyone from the Kadena ecosystem need to attain out? <a href=\"https:\/\/t.co\/kTOLE36giy\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/t.co\/kTOLE36giy<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1980920314818425172?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">October 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">According to Kadena\u2019s official<a href=\"https:\/\/x.com\/kadena_io\/status\/1980720876371779761\" target=\"_blank\" rel=\"nofollow noopener\"> statement<\/a>, all enterprise exercise and lively upkeep have been halted as a result of harsh market situations. The remaining staff will solely oversee the community\u2019s transition course of.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cWe regret that because of market conditions, we are unable to continue promoting and supporting adoption,\u201d the staff wrote.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Despite the shutdown, the blockchain itself stays purposeful because it operates on a decentralized proof-of-work mannequin. This can be maintained by impartial miners and ruled by neighborhood builders. The platform assured customers that it could launch a ultimate software program replace to make sure continued operation with out the corporate\u2019s involvement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The group additionally emphasised that the KDA token would proceed to flow into, with over 566 million tokens nonetheless set for distribution via mining rewards till 2139. However, investor sentiment seems shaken as confidence in long-term community growth fades.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Cardano founder often indicators an openness to cross-ecosystem collaboration. In August, he mentioned a possible <\/span><a href=\"https:\/\/coingape.com\/cardano-founder-hints-at-xrp-collaboration-following-midnight-airdrop-success\/\"><span style=\"font-weight: 400;\">partnership with XRP<\/span><\/a><span style=\"font-weight: 400;\"> and confirmed that Lace Wallet would quickly help XRP transactions.<\/span><\/p>\n<h2>KDA Price Collapses Amid Allegations and Low Liquidity<\/h2>\n<p><span style=\"font-weight: 400;\">The Kadena token crash displays years of declining traction. After reaching an all-time excessive of $27.64 in 2021, the KDA worth has now <\/span><a href=\"https:\/\/www.tradingview.com\/chart\/PsTJN4Hk\/?symbol=KUCOIN%3AKDAUSDT\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">collapsed<\/span><\/a><span style=\"font-weight: 400;\"> by over 99%. The coin plunged to $0.089 prior to now 24 hours,\u00a0 a 60% single-day drop following the shutdown announcement.<\/span><\/p>\n<figure id=\"attachment_271812\" aria-describedby=\"caption-attachment-271812\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-271812\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-scaled.png\" alt=\"\" width=\"2560\" height=\"1296\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-scaled.png 2560w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-1224x620.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-768x389.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-1536x778.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-2048x1037.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/10\/KDAUSDT_2025-10-22_12-06-12-150x76.png 150w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><figcaption id=\"caption-attachment-271812\" class=\"wp-caption-text\">Source: TradingView; KDA Price Daily Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Data additionally confirmed that KDA\u2019s 24-hour buying and selling quantity fell to round $48 million. Notably, merchants accused the staff of some manipulation, although no verified proof has surfaced to su<\/span><span style=\"font-weight: 400;\">pport<\/span><span style=\"font-weight: 400;\"> the claims.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 BREAKING: <a href=\"https:\/\/twitter.com\/search?q=%24KDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">$KDA<\/a> JUST EXIT SCAMMED.<\/p>\n<p>Kadena reportedly shut down, backed mission by Binance Labs gone darkish.<\/p>\n<p>If you maintain, contemplate exiting instantly earlier than losses escalate. <a href=\"https:\/\/t.co\/wDgANP4bXQ\" target=\"_blank\" rel=\"nofollow noopener\">pic.twitter.com\/wDgANP4bXQ<\/a><\/p>\n<p>\u2014 Huang \u7687 \ud83d\udd38 BNB (@HuangBNB) <a href=\"https:\/\/twitter.com\/HuangBNB\/status\/1980731972969525503?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">October 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">This quarter\u2019s sturdy inflows throughout main blockchains like Solana and Cardano stand in stark distinction to the platform\u2019s liquidity disaster. Since early 2022, KDA has not been capable of regain important investor confidence, regardless of sporadic upticks throughout quick \u201cmicro altseasons.\u201d<\/span><\/p>\n<p><a href=\"https:\/\/coingape.com\/block-of-fame\/pulse\/creators-of-jp-morgans-first-blockchain-launch-own-alternative-to-ethereum-l2s\/\"><span style=\"font-weight: 400;\">Kadena was founded<\/span><\/a><span style=\"font-weight: 400;\"> in 2017 by Stuart Popejoy and Will Martino, each former JPMorgan executives. <\/span><span style=\"font-weight: 400;\">The mission\u2019s objective was to develop a protected, scalable Layer-1 substitute for Ethereum.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, regardless of its technical promise, Kadena struggled to draw sustainable developer exercise and person adoption. Even as just lately as this yr, the staff launched initiatives just like the $50 million Leap Grant Program to reignite progress.<\/span><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/coingape.com\/can-cardano-save-kadena-hoskinson-reaches-out-after-kda-token-plunges-60-amid-shutdown\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kadena has introduced it was shutting down operations, sending its KDA worth right into a freefall. In gentle of this, Cardano founder Charles Hoskinson publicly supplied to attach with the mission\u2019s neighborhood. This has led to hypothesis of a possible partnership. Cardano Founder Extends a Hand to Kadena In a submit on X, Charles Hoskinson [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[231,3899,3480,11310,77,1666,764,561,247],"class_list":{"0":"post-83115","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoin","8":"tag-cardano","9":"tag-hoskinson","10":"tag-kadena","11":"tag-kda","12":"tag-plunges","13":"tag-reaches","14":"tag-save","15":"tag-shutdown","16":"tag-token"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/83115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=83115"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/83115\/revisions"}],"predecessor-version":[{"id":83116,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/83115\/revisions\/83116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/83117"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=83115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=83115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=83115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}