Kadena (KDA) is a notable blockchain platform designed to solve scalability and security challenges. This guide provides its current price in Euro, essential statistics, and a detailed explanation of how to convert KDA to EUR effectively. Understanding the real-time exchange rate is crucial for anyone looking to trade, invest, or simply stay informed about this digital asset.
The live Kadena to Euro price is updated continuously, reflecting the latest market movements. Beyond the current rate, we'll explore the factors influencing its value and how you can utilize conversion tools for your transactions.
Current Kadena to Euro Price
The price of Kadena fluctuates based on market supply and demand. At the time of writing, the value of 1 KDA is approximately €0.328. This rate changes in real-time, so it's advisable to check a reliable converter for the most up-to-date information before making any transactions.
Price ranges can vary throughout a trading day. For instance, the low and high for a 24-hour period might be €0.371 and €0.391, respectively. Monitoring these ranges helps traders identify potential entry and exit points.
Key Kadena Statistics and Supply Details
Understanding the tokenomics of Kadena is vital for assessing its long-term value proposition.
- Max Supply: The maximum number of KDA tokens that will ever exist is capped at 1,000,000,000.
- Total Supply: The total number of tokens currently in existence, including those not yet in circulation, is 323,331,865 KDA.
- Circulating Supply: The number of tokens publicly available and traded on the market is approximately 323.31 million KDA. This represents about 32.3% of the maximum supply.
These metrics are fundamental for evaluating the scarcity and potential inflation rate of the asset.
How to Convert Kadena (KDA) to Euro (EUR)
Converting KDA to EUR is a straightforward process, typically done through a cryptocurrency exchange or a dedicated conversion tool.
- Choose a Platform: Select a reputable exchange or price tracking website that offers a KDA/EUR trading pair or conversion tool.
- Enter the Amount: Input the quantity of Kadena you wish to convert.
- Execute the Conversion: The platform will automatically display the equivalent amount in Euros based on the live market rate. On an exchange, you would place a sell order to complete the trade.
For a quick and easy calculation without trading, you can use online converters. Simply enter your KDA amount, and the tool will show you the real-time Euro value. 👉 Check the current conversion rate
Factors Influencing the KDA to EUR Exchange Rate
The price of Kadena in Euros is not determined in isolation. It is influenced by a complex interplay of factors:
- Market Sentiment: News, developments, and overall investor confidence in the Kadena project can cause significant price swings.
- Overall Crypto Market Trends: Kadena's price often correlates with the broader cryptocurrency market. A bull or bear market in major assets like Bitcoin usually impacts altcoins like KDA.
- Supply and Demand: Basic economic principles apply. Increased buying pressure typically drives the price up, while increased selling pressure pushes it down.
- Technological Developments: Updates, partnerships, and improvements to the Kadena blockchain can positively affect its perceived value.
- Global Economic Conditions: Macroeconomic factors such as inflation rates, currency strength, and regulatory news can influence investor behavior across all asset classes, including crypto.
Tracking Historical Kadena Performance
Analyzing historical price data is key for making informed decisions. You can track how KDA has performed against the Euro over time—from its all-time highs to its periodic lows.
Historical charts allow you to identify patterns, support and resistance levels, and overall trend directions. This analysis is invaluable for both short-term traders and long-term investors assessing the asset's volatility and growth potential.
Frequently Asked Questions
What is the current Kadena to Euro exchange rate?
The exchange rate between Kadena (KDA) and the Euro (EUR) changes constantly due to market activity. You can find the live, updated rate at the top of this page or by using a reliable live converter tool.
How much Kadena can I purchase with one Euro?
The amount of KDA you can get for €1 depends entirely on the current market price. If 1 KDA is worth €0.50, then €1 would buy you 2 KDA. A conversion tool will give you the exact amount based on real-time data.
What was the highest price Kadena has ever reached in Euros?
Kadena achieved its all-time high price against the Euro in late 2021. To get the precise value and date, it's best to consult a historical price chart on a dedicated crypto data website, as these records are updated regularly.
Why does the KDA to EUR price keep changing?
The price changes due to continuous trading on global exchanges. Every buy and sell order slightly affects the supply and demand balance, causing the price to fluctuate every second, 24/7.
Is it possible to track the price history of KDA vs. EUR?
Yes, absolutely. Most cryptocurrency data platforms offer detailed historical price charts. You can view Kadena's performance over different timeframes, such as 24 hours, a week, a month, or even since its inception.
What is the best way to stay updated on the KDA/EUR rate?
The most effective method is to use a live price tracking website or a portfolio app that provides real-time alerts and price updates for your selected currencies and assets. 👉 Explore more strategies for tracking prices