#kite $KITE On 30/11: Mild Price Increase, Market is Monitoring Advances in AI Agents

$KITE is currently stable with a price of approximately 0.1126 USD, up 5.15% in the last 24 hours. The trading volume reached 95 million USD, bringing the market cap to 202 million USD and ranking #164 on CoinMarketCap. This is the result after $KITE was listed on Binance earlier this month, attracting more attention from investors.

@GoKiteAI just shared a bi-weekly update yesterday (29/11), highlighting significant advances in the field of AI agents: Mastercard launched Agent Pay in the UAE to support automated payments; Visa expanded its AI platform to Asia; Intuit signed a 100 million USD contract with OpenAI for financial agents; Klarna achieved record revenue of 903 million USD thanks to AI; Ramp reached a valuation of 32 billion USD with an agent processing over 10 billion USD in spending; and Brookfield invested 100 billion USD in AI infrastructure. Additionally, there are updates from Finzly, EMVCo, Affirm, AWS, Coinbase Ventures, and many more.

This news strengthens the position of KITE – the first layer-1 blockchain dedicated exclusively to AI agents payments. With the Ozone testnet achieving 800K TPS and the mainnet expected in Q4 2025, along with a 33 million USD investment from PayPal Ventures and Coinbase, KITE is aiming for a trillion-dollar agentic economy. However, the crypto market remains volatile (BTC is around 110K USD), so the 7-day RSI at 73 indicates an upward trend but risk monitoring is needed.

If you are holding or staking $KITE, you can participate in governance to receive rewards. What do you think about these updates? Share your thoughts in the comments! 🚀