Despite the Kaia Blockchain's launch as a replacement for the Klaytn network, Asia's answer to Telegram's The Open Network (TON), the KLAY price has suffered a significant 9.04% in the 24 hours post-launch.

Binance announces support for Kaia (KLAY) network upgrade and hard fork, suspending deposits and withdrawals temporarily.

The cryptocurrency market has experienced a cooling phase as Bitcoin (BTC) consolidates gains after hitting $64,996. This market cool-off has led to notable dips in altcoins like Zcash (ZEC), Monero (XMR), and Klaytn (KLAY) as the global crypto market cap dropped 0.26% to $2.24 trillion.

Klaytn (KLAY) is gaining traction among altcoins, trading positively on Monday despite Bitcoin's ongoing struggles below the $60,000 level. While several other cryptocurrencies like Tron, NEO, and Monero saw notable gains in the early US trading session, Klaytn managed to hold above the $0.

With the year 2024 becoming a year of strong bullish turnaround for the crypto industry, coins like Klaytn are writing a turnaround story. With the growing bullish dominance and the rising trading volume, the KLAY price action sirens trend reversal.

South Korea's Klaytn and Abu Dhabi's Finschia blockchains have finalized a merger, paving the way for the creation of "Project Dragon."

With origins from Japan and South Korea, Klaytn and Finschia claim that they are slated to become Asia's largest Web3 ecosystem.

The blockchains have their origins in Japanese and South Korean messaging systems, but they are looking to become Asia's biggest Web3 ecosystem.

Both layer-1 chains are backed by major Asian internet companies.

Layer-1 blockchains Klaytn and Finschia have received approval from their governance members to merge.

On February 15, a significant stride was made in the blockchain arena as the Klaytn Foundation and Finschia Foundation jointly announced the successful passage of the KlaytnFinschia Mainnet Merge Proposal (KGP-25). Garnering widespread approval from both holder and governance communities, the landmark decision sets the stage for the creation of Asia's most extensive Web3 ecosystem.

Backed by South Korean internet giant Kakao and Japan's messaging conglomerate LINE, Klaytn and Finschia are positioned to lead the way in blockchain innovation across Asia.

Layer-1 blockchains Klaytn and Finschia announced Thursday that their proposal to merge the two networks has been officially approved.

Klaytn and Finschia are exploring a merger to reshape the Asian cryptocurrency, Web3, and dApp landscape.

Klaytn and Finschia have proposed a merger that could bolster crypto, web3, and decentralized applications (dApps) in Asia. This fusion aims to leverage the strengths of both entities to create what could be the continent's foremost blockchain ecosystem.

Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.

With a short pullback following the remarkable jump of more than 120% in Q4 2023, the KLAY price trend forms a bearish channel. In the long-term picture, Klaytn shows a correction to the 61.80% Fibonacci level from the height of the $0.25 mark. The bearish dominance at the psychological mark of $0.

The native utility token of a South Korean Ethereum (ETH) rival is rallying after news of a new blockchain merger proposal. Layer-2 smart contract platform Klaytn (KLAY) leaped from a 24-hour-low of $0.189 to a high of $0.262, a 39% gain, following the announced proposal of a merger to create “Asia's leading blockchain system.

Klaytn and Finschia have announced a proposal for a merger. The ambitious plan, backed by two technological powerhouses in South Korea and Japan, respectively, aims to integrate two of the region's most prominent blockchain networks.

Bitcoin (CRYPTO: BTC) moved higher, but the cryptocurrency prices traded below the key $43,000 level on Tuesday. Ethereum (CRYPTO: ETH), however, edged lower, trading below the key $2,600 mark this morning.

In today's cryptocurrency landscape, there's a slight relief in the ongoing correction as Bitcoin attempts to stabilize above $42,000. Despite the introduction of spot Bitcoin ETFs not causing a significant surge in BTC, technical chart analyses indicate that the current correction is a common pattern seen in financial assets, often preceding a return to bullish momentum.

Cryptocurrency Picks for Today: On Tuesday, the crypto market witnessed a minor relief rally in its correction trend, as the Bitcoin price tries to stabilize above the $42000 mark. Although the recent introduction of spot Bitcoin ETFs didn't trigger a major uptick in the underlying asset BTC, current technical chart analyses suggest that this correction

Klaytn Foundation and Finschia Foundation propose a merger to create a joint ecosystem, with a new mainnet and a token. In a press release on Jan.

Klaytn is an open-source public blockchain designed for tomorrows on-chain world. Klaytn Architecture- Klaytn blockchain network is a combination of multiple peer-to-peer subnetworks composed of Klaytn nodes transmitting transactions and blocking data to execute value transfers and to execute smart contracts.

The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform to convert physical gold into GPC tokens.

Klaytn said the platform provides what it claims to be the first tokenized gold available on DeFi outside of the Ethereum ecosystem.

Crypto Price Prediction: The Short-term trend in the cryptocurrency market is currently sideways as a majority of major cryptocurrencies continue to waver in uncertainty. However, despite this indecisiveness tokens like 1INCH, FIL, and Klay showcased a double-digit jump in the last 24 hours resuming their prevailing recovery.

In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur's token BLUR, which soared by a significant 72% this past week.

In recent times, the world of cryptocurrencies has been the subject of increasing attention and interest, recently Altcoins as well. Internet search for altcoins and related projects has seen a notable increase in the last period.

CoinMarketCap Labs (CMC Labs) has chosen the Klaytn Foundation, the South Korean conglomerate Kakao's Layer 1 public blockchain, as one of its official partners. This strategic collaboration aims to bolster the Web3 startup ecosystem and support developers on the Klaytn blockchain.

KLAY, the native token of the gamefi project Klaytn, has emerged as the top gainer among the top 100 cryptocurrencies as its open interest rises. KLAY is up by 22% in the past 24 hours and is trading at $0.

Kakao-backed blockchain network Klaytn plans to explore tokenization practices with a shipping unit of Korindo, an Indonesian conglomerate.

During the initial part of October, sellers had the upper hand as the crypto market underwent a notable correction. This correction affected not only the market leaders like Bitcoin and Ethereum but also resulted in a retracement in many major cryptocurrencies due to increased selling pressure.

South Korea's crypto surge has seen an unprecedented $100B in virtual assets dominate overseas accounts, reflecting a significant shift in the country's financial sector.

The Klaytn (KLAY) price has fallen under a descending resistance line since its yearly high on February 22.

Klaytn Foundation, based in South Korea, intends to use blockchain technology and tokenised Real World Assets (RWA) to drive positive change.

Klaytn is expanding its offerings to focus on the tokenization of real-world assets like jewelry and real estate on its blockchain.

Korean-based Klaytn Foundation started its real-world assets (RWA) program intending to drive positive social change on the blockchain.

The integration brings the best of Klaytn and Injective, opening up a broader ecosystem with faster transaction speeds, low gas fees etc.

1inch has reportedly integrated with Klaytn's Kaikas wallet. Under this partnership, the 1inch Swap API will “power token swaps in Kaikas, a versatile wallet ensuring interaction with the Klaytn ecosystem.

AI-powered Chatbot Identifies the Rising Stars in the Crypto Landscape The ever-increasing influence of Artificial Intelligence (AI) is making its mark across various sectors, and chatbots are among the most popular AI innovations. Google Bard, a leading chatbot, has become a trusted source for insights in the cryptocurrency world.

Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era.

In the ever-volatile cryptocurrency market, Lido (LDO), The Graph (GRT), Frax Share (FXS), Injective Protocol (INJ), Conflux (CFX), and Litecoin (LTC) have emerged as today's top gainers. Conversely, Rocket Pool (RPL), XinFin (XDC), Klaytn (KLAY), SUI.IO (SUI), Bitcoin Cash (BCH), and Elrond (EGLD) have experienced losses.

The altcoins with the worst weekly performance are the cryptocurrencies analyzed.

Today's cryptocurrency market showcases SUI, Conflux (CFX), Toncoin (TON), Rocket Pool (RPL), and Kava (KAVA) as the top gainers, while PEPEcoin (PEPE), Klaytn (KLAY), Nexo (NEXO), eCash (ECASH), Maker (MKR), and Tron (TRX) have faced losses.

Today's cryptocurrency market showcases PEPEcoin (PEPE), Rocket Pool (RPL), Bitcoin SV (BSV), LEO, Lido (LDO), and Frax Share (FXS) as the top gainers, while WOO Network (WOO), Nexo, Klaytn (KLAY), Curve DAO Token (CRV), Internet Computer (ICP), and Chainlink (LINK) have faced losses.

The integration gives Klaytn access to SafePal's 10 million+ wallet users and in return SafePal will enjoy a softer landing in South Korea.