Keeta Unleashes Mainnet, Taking Direct Aim at Solana and Ethereum Dominance
Another blockchain contender throws its hat in the ring—Keeta goes live with mainnet operations today, positioning itself as a direct challenger to established giants Solana and Ethereum.
The Scalability Gambit
Keeta's architecture reportedly bypasses traditional bottlenecks that plague older networks. Its consensus mechanism cuts transaction finality times dramatically while maintaining decentralization—at least on paper.
Developer Arms Race
The platform launches with eight-figure ecosystem incentives targeting defections from other chains. Migration tools promise seamless porting of Solana dApps and Ethereum smart contracts within three development cycles.
Market Impact
Trading volumes for Keeta's native token surged 300% during the announcement window. The move triggers fresh debates about whether crypto needs another layer-1 solution or just better execution from incumbents.
Finance professionals remain skeptical—after all, what's another blockchain between friends when regulatory clarity remains the industry's actual bottleneck? The technology might be cutting-edge, but the business model feels like déjà vu with higher transaction throughput.
Strong Market Debut at launch
When it launched, Keeta began with 235 million wallets with funds in them, while over 42 million wallets had already completed transactions. More than 13 exchanges listed its token immediately, and the token itself has climbed 190% from its lowest level this year. That rally has pushed Keeta’s market capitalization to over $457 million, with a fully diluted valuation of more than $1.08 billion.
“I’m incredibly proud of everything that the team has accomplished to get us to this point and super excited for the world to see what we’ve built. Keeta really is the most advanced, scalable L1 in the world, and now we get to prove it” Founder and CEO Ty Schenk said in the press release.
However, before taking position as the fastest blockchain, Keeta will have to fight for space in a very competitive market. Currently, ethereum is dominating the decentralized finance space, including stablecoins, and real-world asset tokenization.
Solana is preparing its Alpenglow upgrade, which will push its speed beyond 100,000 transactions per second, while Tron, Binance Smart Chain, and IOTA also maintain strong positions.
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