Klaytn (KLAY) is a cryptocurrency that powers the Klaytn blockchain platform, a decentralized, open-source blockchain developed by Ground X, a subsidiary of Kakao Corp, South Korea's largest messaging app.$KLAY
*Key Features:*
1. High scalability: supports up to 4,000 transactions per second
2. Fast block creation: 1-second block interval
3. Smart contract support: compatible with Ethereum's Solidity language
4. Decentralized data storage: integrated with IPFS (InterPlanetary File System)
5. Governance: decentralized governance system
*Token Statistics:*
- Market cap: $742.6M
- Volume (24h): $44.8M
- Circulating supply: 1.03B KLAY
- Total supply: 10.24B KLAY
*Use Cases:*
1. Decentralized finance (DeFi) applications
2. Gaming and virtual goods
3. Social media platforms
4