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The Kaia public chain has recently become the market focus due to its Token rise and plans to launch a Korean won stablecoin. This initiative is supported by new government policies, and the market has high expectations. However, its stablecoin project still faces legal hurdles, Compliance issues, and competitive challenges. Kaia's ecosystem expansion includes areas such as Decentralized Finance and NFT, with the goal of facilitating user usage through integration with social applications.

Kaia is formed by the merger of Kakao and LINE's Blockchain projects, aiming to create a high TPS and developer-friendly public chain. Through the Kaia Wave program, it launches a Mini Dapp ecosystem and collaborates with multiple partners to promote stablecoin and ecosystem development, enhancing global influence. Kaia's multiple successful cases demonstrate its application potential in the Web3 field, and it will continue to promote Mini Dapp innovation and community interaction in the future.

Abstract Chain will be launched in 2025, dedicated to consumer-level encryption, promoting the mainstream adoption of blockchain technology. By leveraging native account abstraction and integrating with Pudgy Penguins IP, the platform attracts a large number of users, offering rich live streaming and interactive features. User activity is high, with 2 million Wallet sign ups and an average of 700,000 daily transactions achieved. Abstract's strategy focuses on user guidance and building an application ecosystem, demonstrating strong market potential and competitiveness.

Kaia: With Line and Kakao, two major Asian social giants, and the potential of 250 million users ready to go, can it replicate the myth of TON? 1. Overview of Kaia's Background 1.1 Project Introduction 1.1.1 Establishment and Development History On January 16, 2024, Klaytn and Finschia announced the launch of a unified mainnet plan. These two large projects, originating from South Korea's Kakao and Japan's LINE, are merging, which is quite rare in the Web3 ecosystem. On August 29, 2024, the merged Kaia mainnet will officially go live. Kakao and LINE plan to create a giant Asian blockchain by combining their respective ecosystems and assets, gradually leading the global Web3 market. Chairman Sam of the Kaia Foundation

Market Overview Main market trends Market Sentiment and Trends: The market sentiment index has reached 91%, indicating an extreme greed state. Although BTC briefly broke through $100,000 and then corrected, its overall resilience is strong. ETH is performing strongly, driving a widespread rally in the crypto market, reflecting continued optimism for mainstream cryptocurrencies. Capital flow analysis: The market capitalization of stablecoins is steadily increasing, with USDT up 1.74% to $141 billion and USDC up 2.03% to $40.2 billion, indicating a continuous inflow of new funds. Large on-chain transfers are frequent, showing clear signs of institutional participation. The over-the-counter premium is within a reasonable range, reflecting a healthy supply and demand for funds. DeFi Performance: The total locked value in DeFi ( TVL ) increased from $46.8 billion to $53.2 billion, a growth of 13.67%. Liquidity staking projects performed well, lending protocol activity increased, and DEX trading volume continued to rise, reflecting an increase in market activity.