As of April 7, 2025, the Kava (KAVA) token is trading at approximately $0.4991, with a 24-hour trading volume of around $20.14 million. The circulating supply is 1,082,853,482 KAVA, resulting in a market capitalization of about $540.19 million. Over the past 24 hours, KAVA's price has increased by 3.6%, and it has seen a 23.4% rise over the past week. However, the current price remains significantly below its all-time high of $9.12, reached on August 30, 2021.
In terms of recent developments, the Kava 14 upgrade was proposed in July 2023, introducing an 'internal bridge' feature to facilitate the conversion of IBC to ERC-20 tokens, enhancing interoperability within the blockchain ecosystem. Since then, there have been no major updates reported.
For the most current information on Kava's future developments and roadmap, it's advisable to monitor official channels such as the Kava website, their Medium blog, and official social media accounts.