The post Keeta Token Rallies on Mainnet Launch appeared on BitcoinEthereumNews.com. The Layer 1 blockchain goes live with features aimed at faster, lower-cost transactions across blockchains. Keeta’s native token KTA rallied on Monday, Sept. 22, after the Layer 1 (L1) blockchain project officially rolled out its mainnet. At the time of writing, KTA is trading at $1.11, up 5% over the past 24 hours after briefly surging as much as 10% earlier today. The token is also up around 50% since Friday, according to CoinGecko. Currently, KTA boasts a market capitalization of $447 million. KTA Chart The mainnet launch introduces features like asset transfers from other systems and chains, support for asset swaps, and an easier method for off-ramping. The L1 blockchain, founded in 2022, has processed over 28.7 billion testnet transactions to date, per Keeta’s explorer. Meanwhile, a public stress test from June recorded Keeta handling 11.2 million transactions per second (TPS), according to a press release reviewed by The Defiant. “This breakthrough performance not only surpasses all existing blockchain networks, outpacing Solana by 2,500x, but also exceeds the combined throughput of traditional financial systems like Visa, FedNow, and SWIFT,” the release reads. SWIFT is currently the primary messaging network through which international payments are initiated. Keeta Network’s mainnet launch highlights decentralized finance’s (DeFi) need for fast, low-cost transactions across different blockchains and payment systems. Some of the biggest issues users have with earlier blockchains like Bitcoin and Ethereum are slow speeds, high fees, and network congestion. This has prompted a wave of newer networks, both L1s and Layer 2s (L2s), that aim to tackle these issues. “Our mainnet launch marks a huge milestone for Keeta,” said Ty Schenk, founder and CEO of Keeta. “I’m incredibly proud of everything that the team has accomplished to get us to this point… Keeta really is the most advanced, scalable L1 in the… The post Keeta Token Rallies on Mainnet Launch appeared on BitcoinEthereumNews.com. The Layer 1 blockchain goes live with features aimed at faster, lower-cost transactions across blockchains. Keeta’s native token KTA rallied on Monday, Sept. 22, after the Layer 1 (L1) blockchain project officially rolled out its mainnet. At the time of writing, KTA is trading at $1.11, up 5% over the past 24 hours after briefly surging as much as 10% earlier today. The token is also up around 50% since Friday, according to CoinGecko. Currently, KTA boasts a market capitalization of $447 million. KTA Chart The mainnet launch introduces features like asset transfers from other systems and chains, support for asset swaps, and an easier method for off-ramping. The L1 blockchain, founded in 2022, has processed over 28.7 billion testnet transactions to date, per Keeta’s explorer. Meanwhile, a public stress test from June recorded Keeta handling 11.2 million transactions per second (TPS), according to a press release reviewed by The Defiant. “This breakthrough performance not only surpasses all existing blockchain networks, outpacing Solana by 2,500x, but also exceeds the combined throughput of traditional financial systems like Visa, FedNow, and SWIFT,” the release reads. SWIFT is currently the primary messaging network through which international payments are initiated. Keeta Network’s mainnet launch highlights decentralized finance’s (DeFi) need for fast, low-cost transactions across different blockchains and payment systems. Some of the biggest issues users have with earlier blockchains like Bitcoin and Ethereum are slow speeds, high fees, and network congestion. This has prompted a wave of newer networks, both L1s and Layer 2s (L2s), that aim to tackle these issues. “Our mainnet launch marks a huge milestone for Keeta,” said Ty Schenk, founder and CEO of Keeta. “I’m incredibly proud of everything that the team has accomplished to get us to this point… Keeta really is the most advanced, scalable L1 in the…

                                                                               Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors.                     Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more