KAIA Soars 19% After Stablecoin Launch, LINE and KakaoTalk Integration Boosts Korean Market Presence
KAIA experienced a significant price increase of 19.14% over the past 24 hours, rising from 0.1374 to 0.1637, as reported by Binance. This surge is primarily attributed to the announcement of a won-pegged stablecoin launch on the KAIA chain, along with integration news involving major Asian platforms LINE and KakaoTalk. Additional support from South Korean regulators for stablecoins and increased visibility in the Korean digital asset sector further contributed to positive sentiment and heightened trading activity. The strong bullish trend is reflected in a 24-hour trading volume exceeding $114 million and a market capitalization of approximately $896 million, positioning KAIA as a top performer and reinforcing its growing relevance in the cryptocurrency market.