Price change (24h):
0.13%
High (24h):
$0.02726351
Low (24h):
$0.02668298
Volume (24h):
$75.29K
Market Cap:
$12.13M
All Time High:
97.24% $0.98
Aug 30, 2024
All Time Low:
135% $0.01
Mar 16, 2026
18.08 %(1Y)
$0.02711085
Price change (24h):
0.13%
High (24h):
$0.02726351
Low (24h):
$0.02668298
Volume (24h):
$75.29K
Market Cap:
$12.13M
All Time High:
97.24% $0.98
Aug 30, 2024
All Time Low:
135% $0.01
Mar 16, 2026
KONET (KONET) is a cryptocurrency launched in 2024. It operates as a layer-2 smart contract platform under a proof-of-stake consensus framework.
The network confronts persistent congestion and fee unpredictability that plague older blockchain infrastructures. By embedding a deflationary fee mechanism and an autonomous governance layer, KONET positions itself as a scalable environment for decentralized applications where transaction costs and block space are managed algorithmically rather than through auction dynamics.
The protocol runs on its own sovereign blockchain, secured by a proof-of-stake algorithm. That mainnet, activated in early 2024, introduced the PoSDAO — a decentralized autonomous organization that oversees validator selection and protocol parameter adjustments.
KONET is fully EVM-compatible, allowing developers to deploy Solidity-based contracts without modification. The implementation of EIP-1559 burns a segment of every transaction fee, directly linking network usage to a tightening supply. The PoSDAO governance structure enables on-chain voting where staked tokens confer proportional decision-making power, and validators are subject to slashing conditions that enforce honest block production.
The project emerged with its genesis on January 20, 2024. That launch delivered an initial mainnet that later adopted the proof-of-stake consensus through a coordinated upgrade. No single founding figure dominates the narrative; the network’s progression has been steered by the PoSDAO framework, which redistributes influence across a distributed set of stakers from the outset.
The long-term ambition of KONET is to establish a self-sustaining, community-governed execution layer that eliminates reliance on centralized intermediaries. By combining decentralized governance with automated fee burning, the design seeks to align validator incentives, application economics, and end-user costs in a friction-minimized ecosystem.
Transaction settlement on KONET requires the native token for gas payments, a portion of which is irrevocably destroyed by the EIP-1559 contract. Staking the token qualifies an entity to operate as a validator or to delegate that right, securing the chain and earning inflationary rewards. Governance of the PoSDAO is exercised exclusively through token-weighted voting: holders can propose upgrades, adjust inflation parameters, or alter the burn rate.
Validators lock large quantities of KONET to participate in consensus and collect block rewards. Delegators stake without running infrastructure and share validator returns. Developers consume the token to deploy and interact with smart contracts, incurring a cost that partially contracts supply. Voters commit tokens to governance proposals, and active participation deepens network decentralization.
KONET has a maximum supply of 999,997,956.20 tokens. Currently, 360,000,028.88 are in circulation. The EIP-1559 fee architecture destroys a portion of transaction fees, exerting consistent deflationary pressure on the supply. With a market capitalization of $12,385,632.00, KONET ranks #1,080 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 07/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 06/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 05/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 04/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 03/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 02/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
| 01/07/2026 | $0.03 | $0.03 | $0.03 | $0.03 |
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