NUSTLEO

Date: Wed, March 19, 2025 | 09:38 AM GMT
The crypto market is showing early signs of a rebound as Ethereum (ETH) has bounced back from last week’s low of $1,774 and is now trading above $2,000—a promising shift after a choppy start to March.
As sentiment gradually improves, altcoins like Kadena (KDA) are beginning to stir as well. KDA has taken a heavy hit over the past few months, but with impressive weekly gains and ongoing price action suggests that a recovery may be underway.

Source: Coinmarketcap
Double Bottom Pattern Hints at Recovery
On the weekly chart, $KDA has formed a classic double-bottom pattern after experiencing a sharp downtrend that started when it failed to break the $1.98 neckline resistance in early December 2024. Since then, KDA has revisited the $0.36 support level, marking the second bottom of the pattern.

Kadena (KDA) Weekly Chart/Coinsprobe (Source: Tradingview)
With this pattern forming, KDA has held this support and has now bounced to $0.49, indicating a potential shift in trend. The MACD indicator for KDA is also hinting at a possible bullish crossover, suggesting that momentum could continue to build.
If this recovery gains further strength, the next key resistance level is the 25-day moving average (MA). A decisive move above this level would confirm the uptrend and could pave the way for an attempt to reclaim the $1.98 neckline resistance in the near term.
Final Thoughts
While the broader market remains volatile, KDA’s technical setup looks promising for a potential bullish breakout. However, a failure to hold $0.36 support could invalidate the double-bottom formation, leading to further downside. Traders should watch for a decisive move above key resistance levels to confirm the trend reversal.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.

Kadena scales PoW using 20 parallel chains offering high throughput with secure, energy-efficient infrastructure.

Uquid Coin integrates DeFi into e-commerce enabling payments, staking, and digital product access through the Uquid Shop.

Alchemix offers self-repaying crypto loans combining collateral yield with automated repayment and risk-managed DeFi governance.

With decentralized finance (DeFi) evolving rapidly, several projects have emerged under the DeFi 2.0 umbrella, aiming to resolve scalability, sustainability, and adoption issues. This report examines four leading DeFi 2.0 projects Kadena, Uquid Coin, Alchemix, and KlimaDAO each offering unique contributions to the sector.

Kadena(KDA): Multi-Chain Proof-of-Work Innovation

Source: Coinmarketcap

Kadena combines proof-of-work (PoW) consensus with directed acyclic graph (DAG) principles to enhance throughput and scalability. It operates through a braided multi-chain structure, currently supporting 20 parallel blockchains. This allows the network to validate transactions simultaneously while maintaining high security standards. Kadena's infrastructure is energy-efficient and supports features such as crypto gas stations, enabling businesses to cover gas fees for their customers. While scalability is theoretically unlimited, network expansion requires a hard fork, contingent on user adoption.

Uquid Coin(UQC): DeFi Meets E-Commerce

Source: Coinmarketcap

Uquid Coin (UQC) ERC-20 token facilitates digital commerce within the Uquid ecosystem. It supports staking, governance and payments, particularly on the Uquid Shop, which offers over 40,000 digital products. Through the integration of DeFi tools such as Defito, Uquid enables automated processes like shopping mining, providing liquidity to virtual goods. The platform also uses smart contracts to reduce intermediaries and enhance efficiency in digital and future physical goods markets.

Alchemix(ALCX): Self-Repaying Loans and Risk Management

Source: Coinmarketcap

Alchemix offers a unique lending mechanism where users can receive loans that repay automatically through the yield generated on deposited collateral. Built on Ethereum, the platform integrates risk management infrastructure and supports multiple token types. It offers programmable governance and efficient fund management, with reported reductions in expense ratios of up to 80%. The ALCX token is used for protocol governance and long-term platform development.

KlimaDAO(KLIMA): Blockchain-Based Climate Finance

Source: Coinmarketcap

KlimaDAO focuses on environmental impact by creating a decentralized carbon market. The platform tokenizes carbon credits and uses the KLIMA token for governance. It operates as a neutral layer for liquidity in carbon markets, providing tools such as a carbon retirement aggregator. The initiative facilitates easier access to carbon offsetting for individuals and institutions and supports capital deployment in environmental asset markets