Establishing a connecting public blockchain economy Scope of analysis: Official website, official documents, white papers, GitHub, governance documents, Explorer, DeFiLlama, Dune, CoinGecko, etc. Public data Kaia is a Layer 1 network launched based on the technology and ecosystem integration of Klaytn and Finschia, and official documents and white papers include Kakao affiliated Klaytn, It is explained that the goal is to promote popular Web3 adoption by integrating the user base and infrastructure of LINE affiliate Finschia. The official website positions Kaia as “EVM-compatible Layer 1 for stablecoin payments and on-chain finance across Asia,” and presents key use cases as...
Kaia is shifting into an Asia stablecoin settlement L1, but low real usage TPS and fee revenue remain maturity bottlenecks.
Investment View
The key test for Kaia is whether PGT and CR turn stablecoin balances into DeFi activity, fees, and validator decentralization.