Kaia’s cryptocurrency, KAIA, experienced a significant surge of 15.7% in just three hours following the announcement of its merger with Klaytn and Finschia to form a new blockchain network called Kaia. This jump saw the token’s price rise from $0.1066 to $0.1234. The market responded positively to this change, as evidenced by the surge in trading volume, which has now reached nearly 937% in the past 24 hours. KAIA’s current price is at $0.1218, with a 14.25% increase within that same time frame. Its market cap currently stands at $735 million, and trading volume has surged to around $70 million. 6.03 billion KAIA tokens are in circulation. The merger is more than just a price spike. The new Kaia blockchain aims to integrate Web3 into the everyday user experience of popular apps such as KakaoTalk and LINE, two messaging platforms used by over 250 million users across Asia. This integration will allow users to easily access blockchain features like sending tokens, using dApps, or interacting with NFTs all through their existing messenger applications. The merge also enhances the underlying technology of the network, providing better performance and faster transaction speeds compared to earlier iterations. While a token supply increase after the merger is not uncommon, the market reacted positively to this change, as evidenced by the increase in trading volume and interest. This positive response is likely fueling the continued growth of the KAIA cryptocurrency.