Keeta price rose more than 14% in 24 hours, breaking above $1 as it reached a new all-time high of $1.14.
Keeta (KTA), the native token of the layer-1 blockchain Keeta Network, had traded below $0.08 in early April. However, following a series of positive catalysts over the past month, the token’s price has surged more than 1,173%.
On June 3, 2025, Keeta soared over 14% to a high of $1.14, pushing its market cap close to $450 million. While KTA price is up a modest 36% over the past week, its gains over the last 30 days stand at a staggering 848%.
These gains appear to stem from several potential catalysts, including traction following its market debut on multiple exchanges. Most of the daily trading volume during the rally to a new all-time high came from exchanges such as BitMart, LCX Exchange, LBank, and XT.COM.
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While there was no major news announcement on the day, the Keeta team noted that it has “big news” lined up for release later this week.
Also notable is that most altcoins posted significant gains over the past 24 hours. Ethereum (ETH) rose 4.8% to hover above $2,600, while XRP, Solana, and Cardano posted gains of between 4% and 6%. Hyperliquid outpaced the top 10 coins by market cap with a 15% gain over the same period.
This rally for altcoins comes amid suggestions that an altseason may be on, which could have helped KTA price higher.
Another key factor is the bullish reaction to the fact that Eric Schmidt, a former chief executive officer of Google, backs Keeta. Schmidt is one of high-profile individuals to invest in Keeta, which, per Messari, raised $17 million in its seed round.
Keeta’s layer-1 blockchain is designed to allow payment networks to harness blockchain technology for direct blockchain-to-blockchain transactions. The KTA token first began trading in March, launching on the decentralized exchange Aerodrome.
Read more: Keeta price prediction – KTA ready to rebound soon?
