{"id":3770,"date":"2025-06-23T15:42:59","date_gmt":"2025-06-23T15:42:59","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kaia-price-rallies-as-defi-assets-open-interest-gains-steam\/"},"modified":"2025-06-23T15:43:06","modified_gmt":"2025-06-23T15:43:06","slug":"kaia-price-rallies-as-defi-assets-open-interest-gains-steam","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kaia-price-rallies-as-defi-assets-open-interest-gains-steam\/","title":{"rendered":"Kaia price rallies as DeFi assets, open interest gains steam"},"content":{"rendered":"
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Kaia price continued its recent rally on Monday, June 23, as demand rose amid encouraging inflows into its decentralized finance applications.<\/p>\n

Kaia (KAIA) surged to a high of $0.1895, up 85% from its lowest level this year. It is now hovering near its highest point since January, giving it a market capitalization of over $1.15 billion.<\/p>\n

Kaia price has jumped because of the rising assets into its DeFi applications. Its total value locked jumped<\/a> 20% over the past seven days and 45% in the last 30 days, reaching $117.8 million.<\/p>\n

This growth coincided with a surge in most dApps in the Kaia ecosystem, including Neopin, Lair Finance, KlaySwap, and DragonSwap, which saw their assets jump over 40% in the last 30 days. Notably, this uptick came as TVL on major chains like Ethereum (ETH) and Solana (SOL) dived.\u00a0<\/p>\n

Kaia\u2019s stablecoin supply also rose to over $41 million, with Tether (USDT) accounting for 60% of that total. USDT\u2019s rapid growth on Kaia is notable, given its integration only began<\/a> in May.\u00a0<\/p>\n

The token has also gained momentum after Kaia\u2019s developers joined the Japan Blockchain Association, becoming the first layer-1 blockchain to do so.<\/p>\n

In a statement, the team said that joining the association reflects its commitment to the Japanese market, where it is promoting real-world adoption through Mini dApps on the Line Network.<\/p>\n

Meanwhile, spot market data shows growing demand for Kaia. According to CoinMarketCap\u2019s data<\/a>. daily trading volume rose 45% to $124 million. At the same time, futures open interest peaked at a record $62 million.<\/p>\n

Kaia price technical analysis<\/h2>\n
<\/source><\/p>\n<\/picture>
Kaia price chart | Source: crypto.news<\/figcaption><\/figure>\n

The daily chart shows that Kaia has bounced strongly over the past few weeks, rising from a low of $0.0900 in April to $0.1883 today. The token recently broke above key resistance at $0.1295, its highest point on May 13.<\/p>\n

Kaia has also moved above both the 50-day and 25-day Exponential Moving Averages. The Relative Strength Index and MACD indicators have continued to trend higher.<\/p>\n

Therefore, the price will likely continue rising as bulls target the psychological resistance at $0.25. A drop below the support level at $0.1500 would invalidate the bullish outlook.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Kaia price continued its recent rally on Monday, June 23, as demand rose amid encouraging inflows into its decentralized finance applications. Kaia (KAIA) surged to a high of $0.1895, up…<\/p>\n","protected":false},"author":1,"featured_media":3771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3770"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3770\/revisions"}],"predecessor-version":[{"id":3772,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3770\/revisions\/3772"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3771"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}