KAIA Token Surges 20% as Klaytn and Finschia Merge, Web3 Ecosystem Expands to 250M Users

KAIA/USDT has experienced a notable 20.07% price increase over the past 24 hours, currently trading at $0.1286 (Binance data), with a 24-hour open of $0.1071. The primary driver behind this surge is the official merger of Klaytn and Finschia to form the Kaia blockchain, announced on June 9, 2025. This development has generated significant market interest due to the creation of a major Web3 ecosystem in Asia, integrating with KakaoTalk and LINE messenger platforms that reach over 250 million users. Additional momentum stems from Kaia’s announcement of a won-pegged stablecoin, aligning with recent regulatory and political support for digital assets in South Korea. Trading volume has spiked to multi-month highs, exceeding $146 million in the last 24 hours, and KAIA is now ranked #84 by market capitalization ($785.8 million). The token is trading above its 20-day EMA ($0.111), reflecting strong bullish sentiment and positioning KAIA as one of the top-performing cryptocurrencies for the day.