- Kaito’s 51% surge is driven by ecosystem updates and user incentives expansion.
- Social engagement through Huma Finance’s Yapper leaderboard fuels Kaito’s growth.
- Derivatives data shows strong market momentum, with $1.52B in trading volume.
Kaito (KAITO) has seen a dramatic price surge, climbing 51.21% in the past 24 hours and nearly 49% in the last week. The sharp rally comes as investors respond to a flurry of developments surrounding the crypto project’s ecosystem and growing user engagement. With the token trading at $1.26, and a trading volume surpassing $446 million as of press time, market interest has spiked.
Kaito’s market cap stands at over $301 million, backed by a circulating supply of 240 million tokens. The surge isn’t driven by hype alone. Several key updates, user incentives, and ecosystem expansions have injected strong bullish momentum into the project.
Influencer Economy Drives Growth
One major driver of Kaito’s recent climb is its integration with Huma Finance’s Yapper leaderboard. The leaderboard rewards content creators and community participants on social platform X.
These “Yappers” are incentivized to boost awareness of crypto projects, especially Huma Finance and Kaito. Eligible users will receive token rewards, including KAITO and potentially Huma’s upcoming token.
we kicked off social airdrop season in Jan with bera, story, kaito and many others
— Yu Hu 🌊 (@Punk9277) May 5, 2025
we kicked off our strategic KAITO accumulation in Mar and accumulated ~3M KAITO in < 60 days
we are kicking off our earn and drop season in May with BOOP and so many other opportunities to come…
Moreover, this initiative adds a social layer to token distribution, rewarding engagement over speculation. Kaito is capitalizing on a rising trend rewarding creators in decentralized ecosystems. This approach has drawn more than 200,000 monthly active users, reflecting strong grassroots interest.
Besides, Kaito’s founder Yu Hu recently introduced the “Earn and Drop” season. The first partner in this initiative is PayFi Network’s BOOP token, further expanding cross-project collaborations and community reach.
Derivatives Data Signals Strong Market Momentum
While social incentives build the community, market data reflects growing institutional and retail interest. According to Coinglass data, derivatives trading volume surged by 810.86%, reaching $1.52 billion. Likewise, open interest rose 249.60% to $142.86 million. Although options data remains unavailable, these figures underline robust trading momentum.
Technical indicators support the bullish trend. The MACD shows a positive crossover, suggesting continued upward movement. The histogram is rising, confirming momentum strength. Additionally, the Relative Strength Index (RSI) reads 68.46 approaching overbought territory. This suggests strength, but a short-term pullback remains possible.
Furthermore, Kaito recently added a Total Value Distributed (TVD) metric to its Dune Analytics dashboard. This highlights the transparency behind the distribution of over $71 million in rewards participants. The data excludes the KAITO airdrop, hinting at even more value circulating through the ecosystem.