Why Keeta (KTA) Price Explode Breaking Out: The Whale Got In?

Keeta (KTA), a relatively new Layer 1 blockchain project, is making headlines after its token price surged over 700% in just a matter of weeks. Once trading at just $0.10, the price skyrocketed to $0.80 in a short span, pushing its fully diluted valuation (FDV) from $100 million to a staggering $800 million. 

Many crypto enthusiasts are now asking: what's driving this explosive growth, and is whale activity playing a role?

What is Keeta (KTA) and Why Is It Exploding?

Keeta is positioning itself as a next-generation Layer 1 blockchain—meaning it's a base network similar to Ethereum or Solana, rather than a project built on top of another blockchain. What makes Keeta unique is its bold claim of being able to process over 10 million transactions per second (TPS), combined with ultra-low fees (just $0.0001) and sub-second finality. 

If proven through independent audits and stress testing, this would make Keeta the fastest blockchain in the world by a wide margin.

In the blockchain space, TPS is a key performance metric. While popular networks like Ethereum handle around 30 TPS, and Solana boasts 65,000 TPS, Keeta’s claim of 10 million TPS is unprecedented and naturally attracting attention. 

Keeta 7x Price | Source: X Altsteinn

But the tech alone isn't the only thing pushing the coin upward.

Keeta (KTA) Backed by a Tech Giant

One of Keeta’s most talked-about advantages is the involvement of former Google CEO Eric Schmidt. Unlike typical VC investments, Schmidt reportedly invested $17 million of his own personal funds into Keeta, not through a venture firm. 

His backing adds significant credibility and visibility to the project, especially among traditional tech and institutional investors.

Schmidt isn’t just funding the project—he’s also playing a strategic role as an advisor. His name recognition and leadership experience are already helping Keeta gain legitimacy in a crowded Layer 1 space.

Also read: How to Buy Keeta (KTA)

Keeta (KTA): A Whale’s Playground?

While there’s no public record confirming whale accumulation, many in the crypto community are speculating that large investors (aka "whales") may be getting involved. Such spikes in price and volume, especially with relatively low circulating supply due to a 60% token lockup, often suggest strategic accumulation by major players.

A token lockup refers to a pre-defined period during which tokens held by insiders, the team, or early investors cannot be sold. Keeta has confirmed that over half of its total token supply is locked, including team allocations and ecosystem reserves. 

This reduces circulating supply and limits sell pressure, making price movements more sensitive to demand spikes.

Also read: Keeta Network and KTA Token: A Deep Dive into Price Action and Technology

Keeta (KTA) Regulatory-Ready and Interoperable

Keeta isn’t just fast—it’s designed to be compliant. The network includes built-in Know Your Customer (KYC) and digital identity tools, which could make it more attractive to governments and institutions looking for transparent, regulation-friendly platforms.

The blockchain also enables high-speed interoperability, meaning it can connect and interact with other chains and digital assets without sacrificing speed. 

This is particularly appealing in a crypto world moving toward cross-chain compatibility.

Keeta (KTA) Growing Exchange Accessibility

Previously, Keeta was only available for purchase through on-chain decentralized exchanges. That changed when it was listed on BitMart, a centralized exchange popular in Asian markets. While BitMart isn’t a top-tier exchange like Binance or Coinbase, it offers more visibility and ease of access for new investors—particularly retail users who prefer centralized platforms.

Exchange listings often serve as key growth catalysts for new crypto projects, providing both liquidity and legitimacy. 

BitMart’s alignment with Keeta’s goal of expanding its Asian footprint could be a strategic move to broaden the token’s global appeal.

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What’s Next for Keeta?

The coming month is expected to bring more developments, including Keeta’s mainnet launch, a public audit to validate its TPS claims, and the announcement of key strategic partners. 

If these milestones deliver on expectations, we may see another leg up in the token’s price.

It’s worth noting that despite the current hype, Keeta remains a high-risk investment due to its early-stage nature. The mainnet isn’t live yet, the performance metrics are still to be independently verified, and there’s a long road ahead to adoption. 

But for now, the combination of bold technology claims, major backing, and limited token supply appears to be driving its massive price breakout.

FAQs

1. What is Keeta (KTA) used for?

Keeta is a Layer 1 blockchain platform designed for high-speed, low-cost transactions. Its native token, KTA, serves governance purposes and enables interoperability across different blockchain ecosystems.

2. What makes Keeta different from other blockchains?

Keeta claims to support over 10 million transactions per second with minimal fees and sub-second finality. It also includes built-in KYC features and aims to be fully regulation-compliant.

3. Is Eric Schmidt officially involved with Keeta?

Yes, Eric Schmidt, former CEO of Google, has personally invested $17 million into the project and is also serving as a strategic advisor, according to official Keeta announcements.

4. Where can I buy KTA tokens?

KTA is currently listed on BitMart, a centralized exchange. Previously, it was only available via decentralized exchanges on-chain.