KDA Crashes 60% as Kadena Organization Walks Away — What Happens Now?

The Kadena organization has ended all business operations and will stop maintaining its blockchain, causing the native token KDA to fall by more than 60%. The token is now plunging towards its all-time low, as market uncertainty drives a surge in trading volume. The network’s future now depends on miners and the broader community. Kadena Organization Halts Operations Amid Market Pressure The Kadena organization made the announcement via a post on X (formerly Twitter) source: https://beincrypto.com/kadena-shuts-down-blockchain-community-future/