Kadena Price Prediction: KDA Plummets 60% As Kadena Foundation Shutters

The Kadena price plummeted 60% in the last 24 hours to trade at $0.0796 as of 5:47 a.m. EST on trading volume that fell 2% to $5.02 billion.

This comes as the Kadena Foundation announced that it will cease all activity and active maintenance of the blockchain, leaving it to community governance.

Kadena has been operating as an L1 blockchain that combines the proof of work (PoW) mechanism from BTC with DAG principles to offer a scalable version of Bitcoin.

According to the project’s announcement, the decision is a result of unfavorable market conditions. Kadena said that it is unable to continue promoting the adoption of its decentralized offering.

But the team said that the KDA token and protocol will continue despite the team’s absence.

Can the community push the KDA price higher?

Kadena Price Faces Sharp Decline As Bears Dominate

The KDA price has witnessed a steep selloff, breaking decisively below key support zones and hitting fresh multi-month lows near the $0.08 mark.

The Kadena price on the 12-hour chart shows that the token collapsed beneath its previous consolidation range around $0.22–$0.25, confirming a strong bearish continuation after repeated failures to reclaim higher resistance levels.

The inability to hold above former support areas suggests that market sentiment remains weak, with buyers showing limited interest even at lower price zones. KDA has now lost more than 60% of its value since early October, emphasizing the strength of the ongoing downtrend.

The 50-day Simple Moving Average (SMA) at $0.29 now serves as immediate resistance, while the 200-period SMA near $0.38 confirms the broader bearish bias.

Meanwhile, the Relative Strength Index (RSI) currently reads 16.23, indicating extreme oversold conditions. While this could trigger a short-term relief bounce or sideways consolidation, the overall trend remains heavily negative.

KDA Price Eyes Relief Bounce But Trend Remains Bearish

If buyers can stabilize KDA above $0.08 and trigger short-term momentum, the price could aim for a modest rebound toward the $0.18–$0.22 resistance zone, a move that would represent a 100% gain from current levels but would still occur within a broader bearish trend.

On the downside, a breakdown below $0.078 would likely invite further selling, exposing the next major support area near $0.06.