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Kraken Shakes Up Crypto Space with Game-Changing INK Network and Token Launch

Kraken Shakes Up Crypto Space with Game-Changing INK Network and Token Launch

Author:
CoinTurk
Published:
2025-06-17 16:16:00
10
1

Kraken just dropped a bombshell—its new INK Network and native token are live, and the crypto world is buzzing. Here''s why this move matters.

Breaking the Mold: INK Network Goes Live

No more waiting. Kraken''s INK Network promises faster transactions, lower fees, and a decentralized ecosystem that could leave competitors scrambling. The native token? Designed to fuel it all.

Why Traders Should Care

This isn''t just another altcoin launch. Kraken''s backing gives INK instant credibility—and a potential edge in the cutthroat DeFi arena. Early adopters are already speculating on a price surge.

The Fine Print (Because Wall Street Wouldn''t Approve Without It)

Regulatory hurdles? Probably. Volatility? Guaranteed. But for crypto natives, that''s just Tuesday. One thing''s clear: Kraken isn''t playing it safe—and that''s exactly what the market needs.

INK Coin

Kraken has initiated the INK network, much like Coinbase’s BASE network, but with a significant difference: it will issue its own token. The Ink Foundation has officially announced plans to release the INK token and conduct an airdrop. This MOVE was anticipated from Kraken’s INK branch for quite some time. Following the success of the BASE network, Kraken has entrusted the management of their layer2 network to the Ink Foundation.

While the BASE network has declared the continued use of ETH for transaction fees, offering speed and cost-effectiveness, it has been criticized because the revenue from Ethereum$2,532’s main network gets absorbed by BASE.

INK’s official social media describes their token as focused not on speculation or price movements but having real-world applications. They claim their user-centric token model is the only true model.

“No hype, no governance theater, but compatible incentives from day one. From credit to trading and beyond, Ink Foundation envisions a future where INK supports a robust DeFi ecosystem managed by its users and aligns with their success.” – Ink Foundation

Airdrop and Ink Network

DeFi users participating in the INK liquidity pool on AAVE will soon qualify for the airdrop. Kraken, to circumvent potential legal repercussions, is managing this process through a foundation affiliate. Though specific details are pending, multiple INK drops are expected.

The INK network is not alone, being part of Optimism’s “Superchain” ecosystem. In this setup, entities like Base, Sony, UniSwap, World, and others have found success. The Superchain offers an interoperability network, easing access to security, communication, governance, and technological innovations for ethereum L2s. Curiously, Optimism’s price hasn’t surged given external factors like rising oil prices and political tensions.

In a final note, Kraken, like Coinbase, plans a public offering targeted for the first quarter of 2026.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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