Kadena Foundation Shuts Down, Uncertain Future Looms for Blockchain

The Kadena Foundation has ceased operations due to adverse market conditions, leading to a sharp decline in KDA token value and raising concerns about the future of the blockchain ecosystem. The foundation announced its shutdown on October 21, 2025, effectively ceasing all foundation-led activities but retaining network autonomy through a community-driven approach. The decision leaves the platform reliant on miners and community efforts for continued operation.