Kite AI ($KITE) is the native token of Kite Al Chain, a Layer-1 blockchain built on Avalanche for the "agentic economy." It powers the first Al payment blockchain, enabling autonomous Al agents to transact securely with verifiable identities, programmable governance, and native stablecoin access. Backed by PayPal Ventures, Coinbase Ventures, and General Catalyst ($33M funding), $KITE rewards Al contributions via Proof of Attributed Intelligence (PoAl). Launched in Nov 2025, it debuted with $263M volume, 10B total supply (1.8B circulating), and trades on Binance, Upbit.
As of Dec 1, 2025, price ~$0.106 USD, market cap $192M (rank #168), down 7% daily amid broader crypto dips. It bridges Al and crypto, fueling machine-to-machine payments in fintech, retail Al, and decentralized intelligence-positioning as a key player in Al-blockchain fusion amid rising agent tech demand.