With 6.04B Tokens in Circulation, KAIA Eyes Breakout From $0.10–$0.25 Range

Kaia (KAIA) shows signs of accumulation within a descending wedge pattern, hinting at a potential market shift.

All 6.04 billion KAIA tokens are in circulation, reducing supply-side pressure.

High trading volume relative to market cap (18.35%) signals active market interest and volatility.

Kaia (KAIA), currently priced at $0.1631, appears to be navigating a significant technical setup that may suggest a potential accumulation phase. Despite a sharp decline of over 31% from its all-time highs, recent activity on the charts and trading volume data points to a more complex market structure that could be forming a foundation for future price movement. The cryptocurrency market remains highly volatile, but observers are watching KAIA closely for clues on what might come next.

Trading Pattern Shows Long-Term Downtrend With Possible Base Formation

The KAIA/USDT weekly chart reflects a clear long-term downtrend that began shortly after its peak in late 2021. From that high, the asset has seen steady downward pressure, which has led to a prolonged consolidation range between $0.10 and $0.25 since mid-2022. A descending wedge pattern has emerged, with lower highs compressing into a horizontal support area. This technical formation is often associated with accumulation phases, where long-term holders gradually build positions.

Recent price action shows a slight uptick from the lower boundary of the wedge, suggesting a potential attempt at breakout. While no decisive breakout has occurred yet, the narrowing pattern may hint at an approaching inflection point.

Market Metrics Remain Mixed Despite Strong Circulating Supply

Fundamentals add context to the technical setup. KAIA’s current market capitalization stands at approximately $983.3 million, with a fully diluted valuation (FDV) mirroring that figure. The entire token supply—6.04 billion KAIA—is already in circulation, which reduces inflationary pressure in the short term.

Source: TradingView

However, a notable detail is the 24-hour trading volume, recorded at $180.15 million, representing roughly 18.35% of the market cap. This suggests healthy liquidity, though it also points to elevated speculative interest. Market activity remains largely concentrated, potentially adding to price volatility.

Outlook Hinges on Breakout Confirmation

Whether KAIA’s price will exit its consolidation zone remains uncertain. The chart structure supports the idea of accumulation, but without a breakout above prior resistance zones, momentum remains limited. Analysts are watching the next few weeks closely, particularly for any sustained move above the wedge pattern’s upper trendline, which may confirm a directional shift. Until then, the token appears to be consolidating as market participants await clearer signals.