Kadena Halts Operations, Blockchain to Continue as Decentralized Network

Kadena has announced the cessation of all business operations, citing unfavorable market conditions as the primary reason for this decision. Despite Kadena’s closure, the blockchain network will continue functioning independently through decentralized miners and smart contract maintainers. A new binary is being released to ensure uninterrupted node activity, while the KDA token remains operational with ongoing mining rewards.