Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

Bybit Learn

DeFi

Blockchain

Altcoins

Kava Network is a Layer 1 blockchain that enables lightning-fast permissionless borrowing and lending by users with seamless interoperability.

Traditional banks are not necessarily the most favorable to individuals. The low-interest rates compounded by inflation devalue the money you save in them. And getting a loan is a cumbersome process that can end in failure. Decentralized finance (

) seeks to upend traditional finance by changing the game's rules. One of the DeFi platforms that have come to do that is Kava Network.

Developed to allow users to lend and borrow multiple cryptocurrencies within its network, Kava not only seeks to revolutionize the traditional finance industry, but also to improve the services of the current DeFi world.

 developed Kava Network as an open bank that allows users to earn more with their crypto assets holdings while providing capital to those who need it. Users are offered new ways of making a profit by receiving rewards when they move their assets to the platform.

 that are built on existing blockchains, 

. Layer 1 blockchains typically face the problem of limited 

. Kava Labs seeks to resolve this issue with its unique Co-Chain architecture.

The Kava ecosystem is the first DeFi platform built on Cosmos SDK that functions as an open-source, decentralized network. The Kava platform uniquely combines the strengths of two Co-Chain protocols: The power of the 

 Co-Chain and the seamless interoperability, speed, and low transaction fees of the 

 Co-Chain. This ensures that any decentralized finance application can integrate the Kava Network into its system to allow its users access to the platform's services.

As a decentralized financial service hub, Kava aims to help users maximize profit on their crypto assets by providing multiple services offering profit opportunities.

Kava Network has various protocols that offer different permissionless services to achieve its aim.

 (formerly Kava CDP). The platform mints a 

 for users who want to borrow. With Kava Mint, you can deposit your major crypto assets as collateral to borrow USDX, the stablecoin minted by the platform, for little to no interest.

This is ideal for coins that you wish to 

. When you take out USDX loans, you can hold on to your 

 and profit without trading your assets. 

 service allows users and investors to supply funds to Kava’s 

 and receive a yield on their investments. 

General market conditions determine current yield rates. For example, if there’s a low supply of Ethereum, the rate of yield of that investment on Kava Lend will be high, and vice versa.

When you supply your crypto to Kava’s borrowing pools, you can earn more APY while simultaneously collecting more rewards. Thereafter, you can borrow any coin against your collateral and re-supply, thus increasing your rewards.

The third service that the platform offers is 

 USDX tokens at fees lower than those of centralized crypto exchanges. Before swapping, you can scout for profit chances when the individual pool rates fall beneath the market standard. 

Kava Swap uses an automated market maker (

) to facilitate trades. Unlike an order book, which requires a seller for a trade before a person can purchase a cryptocurrency, the AMM allows a trade to be carried out as the trade occurs between a 

 — which has a stable supply of cryptocurrencies — and a buyer. This is made possible because the Kava Swap connects liquidity from other blockchains.

With Kava Earn, users can supply their assets and earn rewards, and maximize their returns by participating in liquidity pools and other financial activities on the platform.

Kava Staking lets you lock up your KAVA tokens in the network to support its security and operations. In return for staking KAVA tokens, users earn rewards in the form of additional KAVA tokens. Staking helps maintain the network's integrity and functionality, while the rewards serve as an incentive to participate in this process.

Kava Liquid offers a streamlined liquid staking mechanism for staking KAVA tokens and receiving 

 in return. By supplying or staking your KAVA, you can easily convert it into its liquid form, bKAVA, which can then be channeled into KAVA Earn, a yield optimizer that subsequently directs it to Kava Boost. Essentially, Kava Liquid Staking enhances your KAVA staking experience by integrating it with the KAVA Earn feature.

The Ethereum Co-Chain enables the Ethereum ecosystem to effectively merge with the Kava Network. This protocol provides an 

(EVM)–compatible program execution environment on the Kava Network. The setup allows developers skilled in 

 to craft DApps that not only operate within the Ethereum framework, but also harness the enhanced scalability and security features of the Kava Network.

Built on the Cosmos SDK, Kava offers a robust blockchain framework known for its scalability. The Cosmos Co-Chain serves as a bridge linking Kava to Cosmos, whose vast ecosystem comprises over 35 different blockchains developed using the Cosmos SDK that collectively represent assets worth over $60 billion. 

Kava DAO is the decentralized management team that governs the Kava Network's robust Co-Chain architecture. It’s a fully decentralized autonomous organization (

) which is responsible for the smooth operation of the network.

Kava DAO consists of those who stake the KAVA token and the network's validators.

As a truly decentralized organization, it makes various decisions on the network — including the distribution of on-chain incentives updates, etc. — without the arbitrary control of a single entity.

As mentioned above, Kava features a crypto-backed stablecoin called USDX. Besides its stablecoin, it has three native tokens — KAVA, HARD and SWP.

 of the Kava network. Holders use it to secure the platform, vet governmental decisions and represent a share of the network. The KAVA token also governs the Kava Mint protocol. This means that KAVA token holders can vote for all developments on Kava Mint.

Meanwhile, the Kava Lend protocol is governed by the HARD token, while SWP is Kava Swap’s governance token. The Kava Lend protocol rewards both lenders and borrowers with HARD tokens. Liquidity providers can earn SWP tokens in Kava Swap.

There is a total supply of 711 million KAVA tokens, with a circulating supply of 711 million and a market cap of $495.7 million. Its current market cap is close to $495.7 million. 

of the Cosmos network was developed to support proof-of-stake systems like Kava so that it can provide seamless scalability.

The engine's impressive speed means it can process an unrivaled amount of transactions in minutes. Moreover, the lightning-fast speed doesn’t weaken its decentralized feature or the security of the network, offering a viable solution to the 

. This gives Kava an edge over DeFi competitors like 

, which are built primarily on the Ethereum network.

Kava's incorporation of the two Co-Chains enables developers to seamlessly connect their projects with a wide variety of assets, and millions of users within a single network.

On-chain incentives for developers will attract the best hands in the Ethereum and Cosmos ecosystems to build projects and DApps on the existing Kava blockchain.

The Inter-Blockchain Communication feature of the Cosmos ecosystem enables blockchains built on the same network to communicate. The Cosmos SDK has been used to develop over 30 blockchains specialized for various purposes.

This means Kava can implement favorable features from other open-source networks, thus increasing its growth.

Though termed a stablecoin, USDX may not be as stable as this category implies. It de-pegged in early May 2022, 

 like TerraUSD (UST), USDX is a stablecoin backed by a variety of crypto assets as collateral reserves, so the collapse of a single crypto asset could greatly affect the stability of the coin. Before the collapse of UST, USDX had included UST in its collateral loan; hence, when UST lost its value, USDX was implicated. 

Kava is a relative newcomer to the major Layer 1 networks that lead the crypto market today, so it has to compete for relevance with the older networks. For example, Bitcoin is about ten years older than Kava, and the major smart contract network, Ethereum, is also much older. Since they came on the scene first, they’ve attracted larger market shares. Therefore, Kava will have to do more to gain prominence.

The current price of KAVA is $0.684488 (as of Aug 25, 2023). It reached an all-time high (ATH) of $9.12 on Aug 30, 2021 and an all-time low of $0.287137 on Mar 13, 2020. Although its current price is 92.49% below its ATH, experts are positive that the KAVA token’s price will rise in the next few years.

Analysts from PricePrediction forecast that the 

 by the end of 2023, $2.36 in 2025 and $4.70 in 2027. KAVA is then expected to break its ATH and increase to $14.91 in 2030. 

This positive growth outlook is supported by DigitalCoinPrice, whose experts believe 

 by 2023, $2.48 in 2025, $3.12 in 2027 and $7.10 in 2030.

Is Kava Network (KAVA) a Good Investment?

Kava Network has broken the deadlock by virtue of its cross-chain functionality within a single network. Although it wasn't the first blockchain to achieve this, combined with its other features it’s undoubtedly a major addition to DeFi.

With its scalability ensured by the Tendermint Core consensus engine, DeFi is now sure to be able to serve very large and complicated economies, which are accompanied by millions of transactions.

Kava’s service spectrum is impressively broad. Notably, Kava Labs ventured into the 

 and NFT realms in May 2022, indicating its adaptability to emerging trends. The inauguration of the Kava Network mainnet has further solidified Kava’s commitment to seamless cross-chain services. 

While the crypto domain faced a bearish trend in the early months of 2022, the market’s potential rebound could see a surge in bullish sentiments toward investments like Kava that showcase promising growth trajectories.

 highlight significant developments, suggesting that Kava is continuously innovating and expanding its offerings. This makes it a potential investment to watch in the crypto space. 

While all investments come with inherent risks, Kava’s consistent advancements and adaptability to the evolving DeFi landscape make it a compelling consideration for investors. Always 

 and consult with financial experts before making any investment decisions.

The three types of individuals who will find Kava an attractive investment include:

If you’re interested in trading KAVA tokens, you’ll be glad to know that Bybit offers both the KAVA/USDT Spot trading pair and KAVAUSDT Perpetual Contracts. To get started, you’ll need to first establish a Bybit account and fund it with cryptocurrency. Then, you can navigate to the 

While Bybit has offered KAVAUSDT Perpetual Contracts all along, the KAVA/USDT Spot trading pair is a new addition to the Bybit trading platform. In celebration of this listing, Bybit is holding 

 for users to share from a total prize pool of 150,000 KAVA tokens.

For the first event, simply be among the first 2,000 new users to complete the following two steps from Aug 22, 2023, 10AM UTC through Sep 5, 2023, 10AM UTC to receive 50 KAVA:

The second event is exclusively for existing users who already have an account with Bybit prior to Aug 22, 2023, 10AM UTC. You can earn 10 KAVA by accumulating a deposit volume of at least 100 USDT worth of KAVA from now through Sep 5, 2023, 10AM UTC, or depositing 100 USDT and buying at least 100 USDT worth of KAVA using your Bybit account. Please note that the rewards will be distributed on a first come, first served basis to the first 5,000 existing users.

The Kava platform has bright prospects of changing the lending and borrowing niche in the DeFi ecosystem. With not just one but six protocols, Kava diversifies its financial services, allowing people to not just lend and borrow, but to mint, swap and earn tokens as well.

In addition, the unique Co-Chain architecture of the network allows major blockchains to participate and encourages scalability. This sets the stage for DeFi to be more widely adopted in the world economy.

The cross-chain framework is still in its early stages of development, so we can expect even more exciting updates that will take Kava to the next level.

Kava Network (KAVA): Cosmos' Speed Meets Ethe​​reum's Power

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards

Kava Network (KAVA): Cosmos' Speed Meets Ethereum's Power