(1/9) Keeta and ASK Group @askgroupae, a UAE-based investment group led by His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan @asknahyan, have created a joint venture aiming to tokenize tens of billions of dollars of commodities and modernize cross-border payments in the Gulf Cooperation Council (GCC) region and beyond, contributing to the UAE's vision and commitment to growth as a global leader in digital finance and real-world asset infrastructure.
Keeta Personal on @KeetaNetwork $KTA launched ten days ago on May 26, introducing on-chain bank to fiat deposits, withdrawals, and exchanges. Network activity has risen significantly since then and asset flow volume has at least doubled. While there is still tremendous growth potential, the network is now starting to come alive.
Keeta personal launching is one step in a long line of many. I expect to see new anchors, network partners, upgrades, and financial products releasing in the coming months.
Remember: this network has been tested by @googlecloud confirmed to process at least 11m transactions per second. We remain at the beginning stage of an increasingly powerful financial network.
Ten days after KP launch, 30 day asset flow has nearly doubled to $931k, 14 day asset flow has far surpassed my previous May 21 snapshot's 30 day asset flow ($670k current 14 day flow vs $493k 30 day on May 21). These figures show asset flow has more than doubled since KP launch.
Also worth mentioning is that on-chain $KTA is now at an all-time high (7.4m), signaling an increased demand to use the token to interact with the network.
The metrics I'm focusing on with respect to the Keeta Personal launch are on asset flow and network use. Right now Keeta network is doing about $500k in asset flow per month over roughly 3,850 accounts. Will be interesting to see how these metrics change in the coming months.
@KeetaNetwork current real-time TPS 35.06 (1h).
124,100 transactions per hour.
10,000,000 max theoretical TPS.
Check out Astrup for live and historical network data:
astrupdata.com/network-status
.@KeetaNetwork just set a new real-world TPS record
40+ tx/s on mainnet, up +60% in just a couple of days
The most advanced way to move money for humans and AI, proven at peak load
📊 chainspect.app/chain/keeta-ma…
Keeta’s March 31 release was significant and we are currently working on adapting to the new features.
A late week 14 summary on mainnet:
$KTA on mainnet: peaked 5.37M on April 1, down to 5.21M today.
Since 29 March - 6579 wallets have been created and 105 of those have >1 KTA.
Volume peaked around March 31, on the same day as the announcement.
astrupdata.com
Join us on X Spaces tomorrow, where the CEO of Keeta will provide an update on the team’s recent progress and discuss upcoming releases.
We look forward to seeing you there.
x.com/i/spaces/1RJjp…
Week 12 summary on Keeta Mainnet:
Volume increased significantly from last week. Swaps 63.7% increase from last week mainly driven by proxy anchor.
TOCV down slightly despite more accumulation of $KTA and $USDC/$EURC - masked by 25% $KTA price decline for W12.
astrupdata.com@KeetaNetwork@keetools@MurphyOnKeeta
Swap KTA, USDC, EURC, and other tokens directly in Keeta Web Wallet.
No traditional exchanges. No delays.
Fund your wallet from your bank, make purchases, and move funds back out quickly.
As more tokens and rails are added, this only gets better.
On December 1st, there were 4,444,746 $KTA on mainnet — the previous peak.
As of March 17th, on-chain supply has reached 4,449,755 $KTA, gradually accumulating over three months to surpass that level.
astrupdata.com@KeetaNetwork@keetools
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