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Altcoin News

Kaia Pumps 15% in 3 Hours as Klaytn and Finschia Merge

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published 2025-06-09·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Kaia Pumps 15% in 3 Hours as Klaytn and Finschia Merge

Kaia (KAIA) saw a sharp 15.7% pump in just three hours today, going from $0.1066 to $0.1234. The sudden spike came right after the announcement that Klaytn and Finschia are officially merging to form a new chain called Kaia.

Klaytn, backed by Kakao, and Finschia, developed by LINE, were already two of Asia’s more active blockchain networks. Now they’re combining forces to create what they’re calling the largest Web3 ecosystem in the region.

Kaia price chart - CoinMarketCap
Source: CoinMarketCap

As of now, KAIA is trading at $0.1218, up around 14.25% in the last 24 hours. Its market cap stands at $735 million, and trading volume has shot up nearly 937% to $70 million. The total supply is 6.03 billion KAIA.

The bigger story is the ecosystem this new chain is tied to. Kaia is being integrated directly into KakaoTalk and LINE, two messenger apps that together serve well over 250 million users across Asia. 

The idea is to make Web3 feel as simple and seamless as using any other everyday app. No extra wallets, no separate platforms—just open your Messenger and start using blockchain features.

So the project isn’t just about the price pump. Kaia is trying to bring Web3 to the mainstream by embedding it into apps people already use every day. That means sending tokens, using dApps, or interacting with NFTs could soon be as simple as sending a message.

The merge also upgrades the underlying tech. By combining both chains, Kaia aims to offer better performance and faster transaction speeds. 

Yes, the total token supply increased after the merge, and usually, that might make some people cautious. But clearly the market reacted positively. Volume spiked, interest grew, and the price followed.

Also Read: Ravencoin (RVN) Price Pumps 62% Following Upbit KRW Listing

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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