KDA Price Crashes 57% in 24 Hours, Why Kadena Plummeted Today (10/22/25)?

Updated

October 22, 2025

Gambar KDA Price Crashes 57% in 24 Hours, Why Kadena Plummeted Today (10/22/25)?

Jakarta, Pintu News – Shocking news came from the crypto world after Kadena Organization, the main developer of the Kadena blockchain, officially announced the termination of all its operations on Tuesday, October 22, 2025.

The organization also terminated all affiliations with the Kadena network, a move that immediately shook the global cryptocurrency market. Shortly after the announcement, the price of Kadena (KDA) collapsed by more than 60% in just one day, making it one of the most drastic drops in the crypto market this week.

From Peak to Total Crisis: KDA value plummets 99% from ATH

During its heyday in 2021, Kadena (KDA) recorded a full valuation (FDV) of $27 billion, placing it in the top 15 largest cryptocurrencies in the world.

KADENA PUBLIC ANNOUNCEMENT

We regret to announce that the Kadena organization is no longer able to continue business operations and will be ceasing all business activity and active maintenance of the Kadena blockchain immediately.

We are tremendously grateful to everybody who…
— Kadena (@kadena_io) October 21, 2025

But now, KDA’s market value remains at around $30 million, down 99.7% from its peak. In the past year, KDA’s price has plummeted 85%, reflecting a significant drop in confidence from the global community and investors.

Based on data from DeFiLlama, the total value locked (TVL) on the Kadena network peaked in March 2022 at $9 million (approximately Rp149.5 billion) before continuing to decline sharply. The token’s trading activity also declined, although it did experience a slight spike in volume in December 2024 when the altcoin market experienced a brief rally.

This long-term decline reinforces the impression that Kadena failed to maintain its competitiveness amid fierce competition from other Layer-1 projects such as Aptos, Sui, and Monad.

$50 Million Incentive Program Remains Mysterious, Community Takes Charge of Project Direction

Interestingly, in the middle of this year, Kadena founder and CEO Stuart Popejoy announced a $50 million Leap Grant program to support new developers and projects in the Kadena ecosystem.

But until now, it is unclear whether the funds have actually been disbursed or are still on hold. This adds to the uncertainty amidst the chaos within the KDA community.

In its official statement, Kadena Organization said that it will have a dialogue with the community regarding the fate of tokens that have not been mined and assets that are still locked on the network.

With the departure of the core team, Kadena’s future is now entirely in the hands of the community and third parties. While the decentralized nature allows the network to stay alive, the absence of official support could have a major impact on the sustainability and security of the project in the future.

Conclusion

The closure of the Kadena Organization is a tragic end for one of the Layer-1 projects that was once predicted as a competitor to Ethereum . Although the Kadena network (KDA) is still technically viable, the loss of the core development team makes the future of the project even bleaker.

With the token price now only 0.3% of its peak value, Kadena’s case is a clear example of how extreme volatility and weak fundamentals can wipe out the value of a crypto project in no time.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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