$KAIA Analysis
Potential scenario:
Long entry on acceptance above 0.1562 with RSI bullish divergence confirmation. Invalidation below dQuarter VAL (0.1537). Initial target – reclaim of dYear VWAP at 0.1595.
RSI: A minor bullish divergence formed, currently oversold, indicating a potential short-term bounce or consolidation before any further downside.
Fundamental Catalysts for Kaia Chain:
1. Regulatory and Stablecoin Support:
South Korea’s President plans to approve crypto ETFs and enable KRW stablecoins on @KaiaChain. This positions Kaia as a foundational infrastructure for real-world stablecoin adoption by major Korean enterprises, potentially unlocking practical use cases such as tourism payments, QR-code payments via Web3 wallets, and everyday retail transactions powered by blockchain.
2. Korea Stablecoin Hackathon:
Starting August 1, Kaia partners with @Tether_to, KakaoPay, LINE NEXT and @dapp_portal for a ₩100M prize hackathon focusing on:
3. KRW stablecoin concepts:
USDT dApps, deployable to LINE’s 196M-user ecosystem, supported by South Korean lawmaker Min Byung-deok.
4. Technical Innovations:
Gas Abstraction: Users can pay transaction fees directly in USDT without holding $KAIA, removing friction.
Chain Abstraction: @ArcanaNetwork integration enables seamless multichain interactions (USDC, USDT, ETH).
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