Kaia

Kaia is a layer-one blockchain formed in 2024 through the merger of Klaytn, backed by South Korea-based Kakao, and Finschia, which emerged from the LINE ecosystem. KAIA is the network's native coin; during the merger, KLAY and FNSA tokens were converted into KAIA.

Kaia is EVM-compatible, so applications written for Ethereum can be moved to the network easily. Blocks reach finality quickly through a consensus based on Byzantine fault tolerance. A central aim of the network is to bring blockchain services to large user bases through mini apps running inside LINE, a messaging app widely used in Asia. KAIA is used to pay transaction fees, for staking by validators and in governance processes.

The KAIA price may depend on factors such as actual use of the mini apps on LINE, regulatory developments in Korea and Japan, distributions from ecosystem funds and competition with other EVM-compatible networks. The Kaia price on Lzzo.com is taken from the KAIA/USDT pair on Binance; the value, converted into its dollar equivalent using Coinbase Exchange's USDT/USD rate, is also tracked on the page's chart.