Purely from a chart perspective $KTA is starting to look very attractive.
- Clear double bottom formed around 12.5 cents
- Clear signs of accumulation between 12.5 & 20 cents
Team has worked and built relentlessly through some of the worst FUD imaginable and just released some huge news.
When you have the trifecta of TA + FA + a relentlessly determined team there are few forces that can keep it down forever.
2 ways to play this:
- One to watch for the eventual breakout
- Accumulate around the lows
It has been a privilege spending time with the @KeetaNetwork team and working hand in hand on the initiatives we are building together. What @schenkty and his team have achieved is genuinely remarkable, a blockchain network independently verified at 11.2 million transactions per second with 400 millisecond settlement finality, tested in collaboration with Google’s own engineering team. The fact that @ericschmidt , who has spent his career identifying tech that changes the trajectory of industries, has chosen to back this network speaks to the depth of what has been built.
We are at an early stage of a long journey, and I say that with full awareness of how much work lies ahead. Ambition without humility is just noise. What gives me confidence is not only the technology but the environment in which we are building it.
The UAE has created something rare, a regulatory and institutional ecosystem that takes innovation seriously without sacrificing the rigour that global capital markets demand. None of what we are working toward would be possible without the UAE’s continued and unwavering commitment to building the conditions for the next generation of global finance. I am genuinely grateful for that.
I also want to acknowledge His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan @asknahyan, his leadership, vision, and belief in what we are building at ASK Group has made this partnership possible. This is a reflection of his long term commitment to ensuring the UAE leads and not follows, in the industries that will define the global economy.
At ASK Group, we believe that the most meaningful contributions are the ones built quietly, carefully, and with a genuine sense of responsibility to the markets and communities we serve. That is the spirit in which we are approaching this partnership, and everything that comes next.
(4/9) Global commodity markets move several trillion dollars annually. The GCC's share of the world's proven oil reserves alone represents an asset base whose tokenization would constitute one of the largest migrations of real-world value onto blockchain infrastructure in history.
What other blockchain has legitimate partnerships with royal families in government that exclusively push billions of dollars of volume in tokenization and cross boarder payments for several established countries through a single blockchain? I believe it’s none. This is unheard of. The craziest part is the token only has a market cap of 84m. Fundamentals are not priced in fairly. With time it’s only inevitable.
They’re announcing the tokenization of hundreds of billions of dollars of oil and gold from inside “The Museum of the Future” and you’re waiting for someone to tell you how insane this is?
This will be picked up by major news outlets. You heard it first on X.
$KTA
Innovation thrives when visionary leadership and transformative technology come together. We are pleased to embark on this journey with Keeta, led by CEO Ty Schenk and supported by the confidence of former Google CEO Eric Schmidt. Together, we aim to contribute to UAE’s vision for digital finance, cross border connectivity, and the tokenization of real world assets.
(1/9) Keeta and ASK Group @askgroupae, a UAE-based investment group led by His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan @asknahyan, have created a joint venture aiming to tokenize tens of billions of dollars of commodities and modernize cross-border payments in the Gulf Cooperation Council (GCC) region and beyond, contributing to the UAE's vision and commitment to growth as a global leader in digital finance and real-world asset infrastructure.
Its the best L1 infra for where the world is moving
ai agents
tokenization
payments/cbdc/digital fiat
quantum
throughput wise its 160x solana with 11m tps
throughput is important if we are going to have 10m+ agents running around onchain
Compliance natively built in which is important for agents, tokenization and payments -- only blockchain to pass visas compliance
quantum proof already
they've already shipped a onchain bank account where your wallet = a global bank account with access to 9 currencies and outbound to 160+ countries through visa direct
https://t.co/mVQkv0LIrZ
interoperability between web2 and web3 chains imagine layerzero but if layerzero could also connect to web2 services and also provide on/off ramps
eric schmidt angel investment is a pretty strong signal as he hasnt angeled in any other alt -- keeta is the only crypto project he follows on X
many other reasons but yeah its a deep rabbit hole when you look into what they are building
Keeta Personal on @KeetaNetwork $KTA launched ten days ago on May 26, introducing on-chain bank to fiat deposits, withdrawals, and exchanges. Network activity has risen significantly since then and asset flow volume has at least doubled. While there is still tremendous growth potential, the network is now starting to come alive.
Keeta personal launching is one step in a long line of many. I expect to see new anchors, network partners, upgrades, and financial products releasing in the coming months.
Remember: this network has been tested by @googlecloud confirmed to process at least 11m transactions per second. We remain at the beginning stage of an increasingly powerful financial network.
Ten days after KP launch, 30 day asset flow has nearly doubled to $931k, 14 day asset flow has far surpassed my previous May 21 snapshot's 30 day asset flow ($670k current 14 day flow vs $493k 30 day on May 21). These figures show asset flow has more than doubled since KP launch.
Also worth mentioning is that on-chain $KTA is now at an all-time high (7.4m), signaling an increased demand to use the token to interact with the network.
(1/7) Keeta Personal is live!
Built to bring everyday banking, payments, and digital asset management into one application.
Users can now hold, manage, and move crypto, fiat, and other investments from a single platform.
🧠 Where does Web3 actually get built?
Plenty of ecosystems attract developers, but not all of them ship
Some ecosystems turn developer activity into far more output 👇