Overview
- The company ended all business activity and active maintenance effective immediately, confirming the blockchain will persist under miners and independent developers.
- KDA fell about 60% to roughly $0.087, leaving the token more than 99% below its 2021 peak, according to the latest price reporting.
- A retained transition team plans to release a new binary for node operators to help keep the network functioning without corporate oversight.
- Trading surged, with daily volume reported near $99 million and significant selling activity noted on Binance during the sell-off.
- Protocol emissions will continue as designed, including more than 566 million KDA in mining rewards through 2139 and 83.7 million tokens set to unlock by 2029.