Exchange Your Crypto Now
What Is the Klaytn Price Prediction Today
AT A GLANCE
- In 2024, Klaytn price is expected to reach $0.536, according to some experts
- 2025 promises to be turbulent, with prices ranging from $0.0755 to $0.7763879782676543, with PricePrediction.net predicting a breakthrough leading to a price rise to $0.7763879782676543
- By 2030, KLAY price can hit $0.536
Klaytn Fundamental Analysis
Klaytn is an enterprise-grade, service-centric public blockchain platform that aims to offer a user-friendly blockchain experience to the masses. Its unique “hybrid” architecture combines the best features of public blockchains (decentralized data and control, distributed governance) and private blockchains (high scalability and low latency).
The project is backed by numerous highly reputable brands from all around the world that collaborate in order to create a reliable platform for entrepreneurs above the system with decentralized trust. Klaytn also aspires to promote blockchain Applications and to share the advantages of decentralized trust with as many community members as possible.
Klaytn was initially launched in June 2019 and soon after became the dominant blockchain platform in South Korea, and is currently in the process of global expansion. The main office of the project is located in Singapore.
One of the goals of the platform is to simplify the creation of Metaverse, thus it offers users end-to-end metaverse packaging that includes customized layer-2 solutions, SDK and smart contract libraries, IPFS solutions, chain explorers, wallets, bridges, and oracles. Moreover, Klaytn has a whole ecosystem of related and supporting services such as stablecoin integration, NFT marketplaces, tradfi interfaces, etc.
Thanks to the optimized version of Istanbul BFT that makes the transactions achieve finality in less than a second Klaytn provides a responsive user experience and can be applied whenever fast finality is needed, for example, real-time minting of the gaming items. Klaytn’s IBFT consensus algorithm grants that the data on the blockchain is true and can never be reversed. The platform also supports EVM.
KLAY is the native digital token of Klaytn platform. The asset secures the platform and fuels the protocol. 10 billion tokens were issued at the genesis, and currently, 2.6 billion coins are in circulation. With every new block, 9.6 KLAY coins are minted. The newly issued tokens and the block reward are being aggregated and distributed to the governance council, growth fund, and improvement reserve.
Klaytn Live Price Chart
During the last year, the token has not gained any value but stayed rather stable during bullish and bearish trends of the crypto market. The market uptrend a year ago in April 2021 made the asset hit its all-time high of $4.38 on April, 2. The token couldn’t sustain the high price level and from that milestone started to lose in value.
At the end of May when all the market experienced massive downtrends, KLAY was already traded at a level of $2.02, but with the beginning of summer lost even more of the price. On June 21 the token reached its lowest price and was traded for $0.79. At the end of summer, the price was slowly recovering and by August 26 the asset had already reached $1.8
The price was corrected right after and by the middle of October stabilized at about $1.5. Despite the rapid growth of the market at the time, KLAY token stayed stable and kept bouncing between $1.2 and $1.5 till the middle of January 2025. With the new wave of bearish trends, the token went down to the level of $1.16 and continued to fall.
Klaytn Technical Analysis
Exchange Your Crypto Now