Keeta token jumps 14%, reaching a new all-time high as investor demand rises and market momentum fuels the latest breakout
Over 24 hours, the price of Keeta increased by over 14%, surpassing $1 and reaching a new all-time high of $1.14.
In early April, Keeta, the native token of the layer-1 blockchain Keeta Network, was trading below $0.08. Nevertheless, the token’s price has increased by over 1,173% due to positive catalysts over the past month.
Keeta’s market capitalization reached nearly $450 million on June 3, 2025, as it experienced a 14% increase to a high of $1.14. While the price of KTA has increased by a modest 36% in the past week, its gains over the past 30 days have been astonishing, at 848%.
These gains seem to result from various potential catalysts, such as the traction the product gained after its market début on multiple exchanges. BitMart, LCX Exchange, LBank, and XT.COM accounted for most of the daily trading volume during the rally to a new all-time high.
Although there were no significant news announcements on the day, the Keeta team announced that it has “big news” scheduled for release later this week.
Additionally, it is worth noting that most altcoins have experienced substantial increases in the past 24 hours. XRP, Solana, and Cardano all experienced gains of 4% to 6%, while Ethereum (ETH) increased by 4.8% to remain above $2,600
Hyperliquid achieved a 15% increase during the same period, surpassing the top 10 coins by market capitalization.
This altcoin rally coincides with indications that an alt season may be underway, which could have bolstered the price of KTA.
Another critical factor is the optimistic response to the fact that Eric Schmidt, the former CEO of Google, endorses Keeta. According to Messari, Keeta raised $17 million in its initial round, and Schmidt is one of the high-profile individuals who invested in the company.
Keeta’s layer-1 blockchain enables payment networks to utilize blockchain technology for direct blockchain-to-blockchain transactions. In March, the KTA token was introduced for trading on the decentralized exchange Aerodrome.
