Kadena Shuts Down as Founders Depart During Market Challenges
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 21 2025Kadena's Closure: Kadena has permanently shut down operations following the departure of its founders, citing worsening market conditions as the primary reason for the closure.
Impact on KDA Token: The announcement led to a significant 60% drop in the value of the KDA token, reflecting investor concerns and the network's reliance on centralized leadership.
Vulnerabilities in Crypto Ventures: The situation underscores the vulnerabilities of blockchain projects that depend on centralized leadership, as seen in past collapses like EOS and LUNA.
Shift to Decentralized Governance: With the founders' exit, Kadena is shifting towards a decentralized governance model, highlighting the need for resilient structures to navigate market fluctuations.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
