The Layer 1 blockchain landscape is experiencing a shift in investor attention. Sui Network, despite its earlier prominence, is grappling with setbacks that have dampened its momentum. Meanwhile, Kaanch Network, a newcomer with near-zero gas fees and high scalability, is emerging as a compelling alternative, drawing interest with its ongoing presale and upcoming BitMart listing. This article examines Kaanch Network’s rising potential and the challenges impacting Sui’s market position.
1. Kaanch Network’s Presale Momentum
In its sixth presale stage, Kaanch Network’s token price is $0.32 and will jump to $0.64 in the next phase. The presale has so far collected $1,817,362., with Kaanch tokens being priced at $0.320000. You can get tokens by paying with ETH or USDT and the project has been checked by SpyWolf and VerifyLab for security and transparency. Kaanch is getting a lot of attention due to its presale offering of high interest and a fixed total supply of 58 million tokens. The project’s listing on Bitmart is likely to raise its profile. Interested investors can take part in the fast-moving Kaanch presale by going to the official website.
Kaanch’s Technological Edge
Kaanch Network stands out because it can handle 1.4 million transactions in one second and complete smart contract actions in only 0.8 seconds. Because it is so affordable, Ethereum is ideal for decentralized applications, small transactions and payments. With 3,600 decentralized nodes, Kaanch provides people and businesses with safe and immediate transactions, mainly for real-world asset tokenization. Thanks to its community management and open governance, along with a staking platform, the network is ready for use by many enterprises and developers. Many analysts believe Kaanch could surge by 23,430% within just 25 days after listing which has boosted its appeal to investors.
Sui’s Struggles Post-Hack
Over the past seven days, SUI, the token on Sui Network, has slid 3.68% in seven days to reach $3.31. Cetus Protocol, a DEX on Sui, was hacked for $223 million because of a weakness in its smart contract. Consequently, some DeFi services on Sui were paused and all transactions were frozen to stop additional losses. As a result, the Sui Foundation and validators seized $162 million in the stolen funds, yet many investors are now concerned. Even with increased trading, the hack revealed weaknesses in Sui’s DeFi system and so some people turned to Kaanch Network as an alternative.
Kaanch’s Path to Mainstream Adoption
The simplicity of Kaanch Network allows anyone with any level of investment to participate, as long as the total number of tokens supplied stays below 800 million. The roadmap covers getting on major exchanges, introducing NFTs and supporting staking which all help to build a better ecosystem. Thanks to Web3 and full EVM support, the platform is a reliable pick for both developers and businesses. Kaanch’s team and community are open and the involvement of DAO further helps reduce selling and builds trust. As it gets closer to listing on BitMart, the emphasis on real-world applications makes it a top choice in the Layer 1 industry.
Market Dynamics and Investor Sentiment
The contrast between Sui and Kaanch highlights shifting dynamics in the Layer 1 blockchain market. While Sui’s ecosystem remains robust, with a total value locked (TVL) recovering to $1.68 billion, the recent hack has raised concerns about DeFi security. Kaanch, with its low-cost transactions and high throughput, is capturing attention as a potential moonshot. Investors from Sui are increasingly noticing Kaanch, drawn by its technological advantages and presale incentives.
For more information about Kaanch Network visit the links below:
- Website:https://presale.kaanch.com/
- Whitepaper:https://docs.kaanch.network/
- Twitter/X: https://x.com/KaanchNetwork
- Telegram:https://t.me/kaanchnetwork
- Win 1M: https://presale.kaanch.com/win-1-million
- How to buy : https://presale.kaanch.com/how-to-buy
