The post Backed by Eric Schmidt, Keeta Network Token Surges 600% in Two Weeks appeared on BitcoinEthereumNews.com.

The performant Layer 1 blockchain aims to bridge traditional finance (TradFi) and digital assets by enabling instant, compliant, and low-cost cross-border payments and asset transfers. Layer 1 blockchain Keeta Network, touted as ‘a common ground for all asset transfers,’ is rallying sharply ahead of its mainnet launch. Keeta’s KTA token is up more than 600% over the last two weeks, nearly doubling over the last seven days. KTA Price The rally can’t be attributed to a single catalyst, but rather a series of activations and listings ahead of its mainnet launch, which is slated for the summer. KTA was listed by Bitmart, a CEX that processed $450 million in volume over the last 24 hours. While that’s a far cry from Binance’s $21 billion in daily volume, the token is up 32% since the listing earlier today. Keeta also released official documentation for its software development kit (SDK) on May 16, providing insights into the developer experience on Keeta. The release came just three days after Keeta’s official Chainspect listing, which confirmed the network’s maximum throughput of 47,000 transactions per second (TPS), which is 1500% higher than Solana. However, it’s worth noting that Keeta’s real-time TPS is just 1,210, which actually trails Solana’s 1,230 real-time TPS. Upon its launch in March, Keeta caught attention due to one of its notable investors, Eric Schmidt, a former CEO of Google and the 56th richest person in the world, according to Bloomberg. Source: https://thedefiant.io/news/blockchains/backed-by-eric-schmidt-keeta-network-token-surges-600-in-two-weeks

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Filed under: News - @ May 20, 2025 11:21 pm