🚀 Recent Updates (as of December 2025)
The Kite project has been heavily focused on technical deployment, especially regarding interoperability and AI payment standards.
Technical and Project Milestones
1. X402 Agent Payment Standard Integration: Kite is one of the first Layer-1 blockchains to integrate Coinbase's X402 Agent Payment Standard. This allows AI agents to autonomously manage, send, and receive funds, facilitating AI-led financial automation.
2. Avalanche Bridge Deployment: The project successfully deployed the Avalanche Bridge using LayerZero's infrastructure. This is a crucial step for cross-chain interoperability, allowing KITE and AI agent payments to flow across different blockchain networks.
3. Completion of Ozone Testnet: The Kite Foundation successfully concluded the Ozone Testnet, demonstrating the network's technical robustness and preparation for mainnet upgrades.
4. SPACE Framework: Introduced the SPACE Framework, which emphasizes Stablecoin-native design, Programmable constraints, and Agent-first authentication features for its ecosystem.
#️⃣Price Action
Price Volatility: Since the listing, the price has seen significant fluctuations, typical of new projects where early investors may take profits. The coin has been trading under general market pressures, particularly the broader crypto market's recent sentiment.
• Current Metrics (Approximate):
• Price: Trading in the range of $0.076 to $0.099 USD.
• Market Cap: Approximately $157M to $180M USD.
• Circulating Supply: Around 1.8 Billion KITE.