Price and crypto news: KAVA, ATOM and PEPE

Our column dedicated to the crypto world and analysis of prices and market statistics continues: today we will cover Kava (KAVA), Cosmos (ATOM) and Pepe (PEPE).

Prices and market statistics of crypto assets Kava (KAVA), Cosmos (ATOM) and Pepe (PEPE)

Let’s start by analyzing the value of Kava (KAVA), in the last week the token has gained a solid 8%, currently the price of Kava is $0.96. 

As for market statistics, the KAVA token has a market capitalization of $501.8 million, with a trading volume of $62.9 million in the last 24 hours. 

The circulating supply is 523.5 million KAVA tokens, with an average holding time of 53 days. 

The last week of Cosmos (ATOM) has been rather stable, the ATOM token up 0.74%, without getting too unbalanced. At present, the price of Cosmos is $10.95. 

Market statistics show a market capitalization of $3.1 billion, with a volume of $70.3 million. 

An outstanding supply of 386.5 million ATOM and an average holding time of 80 days. 

The last project to analyze is PEPE. While much discussed, the last week has not been one of the best for the meme coin. In fact, the token lost more than 10% bringing its price to $0.00000153. 

PEPE’s market capitalization is $597.1 million, with a trading volume of $316.1 million. The circulating supply is 391.8 trillion PEPE tokens. 

Let’s continue with the most recent news involving the mentioned projects, undoubtedly influencing the price. 

Binance announced support for the Kava 13 mainnet upgrade

Binance, the world’s largest cryptocurrency exchange, has announced its support for the Kava 13 mainnet upgrade. 

This development marks an important milestone for both Binance and the Kava ecosystem, as it highlights ongoing efforts to improve scalability and optimize the user experience within the Kava network.

The Kava 13 update introduces significant architectural improvements that will enable developers to effectively scale and accelerate their protocols. 

With these improvements, the Kava ecosystem will become more robust and efficient, paving the way for the development of innovative decentralized applications (dApps) and the expansion of the Kava ecosystem.

One of the key changes in Kava 13 is the implementation of EVM software changes, which have resulted in increased computing power. 

These changes enable faster and more simultaneous transaction processing, improving the overall transaction throughput of the Kava network. 

This upgrade is critical to solving scalability issues and ensuring that the Kava ecosystem can handle an increasing number of users and transactions.

In addition, the Kava 13 update incorporates additional dedicated hosting partners to strengthen network security. 

By leveraging the expertise and infrastructure of these partners, the Kava network can improve its defense mechanisms against potential attacks and maintain a high level of security for users and their assets.

Binance’s decision to support the upgrade of the Kava 13 mainnet demonstrates its commitment to promoting the growth and development of the blockchain ecosystem. 

As the world’s largest cryptocurrency exchange, Binance plays a key role in driving innovation and facilitating the adoption of emerging technologies.

By extending its support to Kava, Binance strengthens its position as a leader in the cryptocurrency industry and demonstrates that it recognizes the potential of the Kava ecosystem.

The collaboration between Binance and Kava brings numerous benefits to both users and developers. For users, the Kava 13 update will lead to a smoother and more streamlined experience within the Kava ecosystem. 

Transactions will be processed faster and more efficiently, reducing wait times and improving overall usability.

Developers, on the other hand, will have access to greater scalability and a more developer-friendly environment. 

Kava 13’s architectural enhancements provide developers with the tools and resources to create complex and innovative protocols that scale with the growing demand for decentralized applications.

Binance support also provides a significant boost to the Kava ecosystem as a whole. Binance’s large user base and influence within the cryptocurrency community will help draw more attention and participation to the Kava network.

This increased exposure may lead to greater liquidity, more diverse applications, and a wider range of opportunities for users and developers in the Kava ecosystem.

In conclusion, the announcement of Binance’s support for the Kava 13 mainnet upgrade represents an important step forward in the development and growth of the Kava ecosystem.

With architectural improvements, improved scalability, and an optimized user experience, Kava 13 lays the foundation for further innovation and adoption within the Kava network. 

The collaboration between Binance and Kava not only strengthens the ecosystem, but also demonstrates ongoing efforts to advance the capabilities of blockchain technology. As the cryptocurrency industry continues to evolve, partnerships like this one pave the way for a more inclusive and efficient financial future.

The Ledger company wants to integrate the Cosmos ecosystem 

Ledger, a renowned provider of hardware wallets, recently announced its integration with the Cosmos ecosystem, expanding the range of choices available to its customers. 

This collaboration allows cryptocurrency investors using Ledger Live, the company’s comprehensive cryptocurrency management platform, to target ATOM, the Cosmos network’s native token. 

In addition, three major projects, Quicksilver, Onomy and Persistence, have been confirmed as the first cryptocurrency startups to be included in this integration.

Ledger’s integration with the Cosmos ecosystem represents a significant step forward in providing Ledger users with greater accessibility and flexibility in managing their crypto assets. 

By supporting ATOM staking, Ledger allows its customers to actively participate in Cosmos network security and earn rewards for their contribution. 

Staking involves holding and “locking” a certain amount of cryptocurrency in a wallet to support network operations and receive incentives in return.

The inclusion of Quicksilver, Onomy and Persistence in this integration further expands the range of staking options available to Ledger users. 

Quicksilver, a decentralized finance (DeFi) platform, offers users the opportunity to earn rewards by staking their assets and providing liquidity to the network. 

Onomy, on the other hand, is a cross-chain decentralized identity protocol that aims to improve privacy and security in the digital world. 

Persistence focuses on building blockchain-based solutions for enterprises and enables users to participate in staking and yield farming operations for additional rewards.

By integrating these projects into Ledger Live, Ledger not only enhances the staking capabilities of its platform, but also supports the growth and development of the Cosmos ecosystem. 

Cosmos is a major blockchain platform that facilitates interoperability between various independent blockchains, enabling seamless communication and data exchange.

Its unique design enables the creation of scalable and customizable blockchain networks, fostering innovation in various sectors.

Ledger’s decision to integrate with the Cosmos ecosystem is in line with its commitment to provide customers with a comprehensive and secure cryptocurrency management experience. 

As a trusted hardware wallet provider, Ledger prioritizes the security of users’ digital assets and ensures their access to a wide range of services and features.

By integrating with Cosmos, Ledger expands the utility of its hardware wallets and enables its users to actively engage in the evolving blockchain landscape.

In addition, this integration demonstrates the growing collaboration and synergy between hardware wallet providers and blockchain ecosystems.

As cryptocurrency adoption continues to grow, users are looking for secure and easy-to-use solutions to manage their digital assets. 

By partnering with leading projects within the Cosmos ecosystem, Ledger demonstrates its dedication to meeting the evolving needs of its customers and providing them with more opportunities to maximize the value of their investments.

In conclusion, Ledger’s integration with the Cosmos ecosystem marks an important milestone in the cryptocurrency industry. Ledger users will now have the ability to target ATOM and participate in the networks of leading projects such as Quicksilver, Onomy, and Persistence.

This collaboration not only expands the staking options available to Ledger users, but also supports the growth and development of the Cosmos ecosystem. 

As the demand for secure and affordable cryptocurrency management solutions continues to grow, partnerships like this demonstrate the industry’s commitment to meeting the evolving needs of cryptocurrency investors.

Source: https://en.cryptonomist.ch/2023/05/18/price-crypto-news-kava-atom-pepe/