Kadena Team Exits, KDA Token Crashes Nearly 80% Amid “Market Conditions”

Kadena’s founding team has announced it will cease operations and end network maintenance, citing poor market conditions. The decision caused the KDA token to crash nearly 80%. While the blockchain will continue running independently under its decentralized proof-of-work model, a small team will manage the transition as the network moves toward community-led governance. The post Kadena Team Exits, KDA Token Crashes Nearly 80% Amid “Market Conditions” first appeared on The Shib Daily source: https://news.shib.io/2025/10/23/kadena-team-exits-kda-token-crashes-nearly-80-amid-market-conditions/