Gate News Bot Report, February 13 — According to CoinMarketCap data, at press time, KITE (Kite) is trading at $0.19, up 17.66% over the past 24 hours, with a high of $0.20 and a low of $0.14. The current market cap is approximately $348 million, an increase of $52.2 million from yesterday.
Kite is the first AI payment blockchain, providing infrastructure support such as identity verification, payments, governance, and validation for autonomous agents. As a Layer 1 chain designed specifically for the autonomous agent economy, it employs a Proof of AI (PoAI) mechanism and features near-zero gas fees and an average block time of 1 second. The platform offers core functionalities including identity verification, programmable governance, and agent payments, enabling AI models, agents, and digital services to maintain a unique verifiable identity while supporting autonomous system discovery, negotiation, and payment services. Additionally, Kite has built the first agent network, allowing users to discover and list agents, shop, order, and request rides without leaving their preferred applications.
Important Recent News about KITE:
1️⃣ Deepening AI Payment Sector Funding to Support Ecosystem Development
Kite, as a leading project in the AI payment space, has completed multiple funding rounds to support business expansion. Early funding success laid the financial foundation for building the agent network and improving identity verification and payment infrastructure, enabling the project to continuously optimize its Layer 1 chain performance and AI-native features, creating conditions for market expansion.
2️⃣ Blue Ocean of AI Agent Economy Opens, Application Scenarios Clarified
Kite’s positioning as a platform designed specifically for the autonomous agent economy addresses current core AI development needs. Through features like identity verification, programmable governance, and agent payments, it has established a comprehensive economic framework for AI models and autonomous systems, enabling seamless integration of agent discovery, service negotiation, and payment settlement. This complete ecological solution is gradually gaining market recognition.
3️⃣ Technological Advantages and User Experience Drive Value Recognition
Kite’s use of the Proof of AI mechanism, near-zero gas fee structure, and 1-second average block time offer significant efficiency advantages over traditional public chains. Users can complete agent service purchases and payments without leaving their preferred applications, providing a seamless user experience that helps enhance platform stickiness and market appeal.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
DeFi Continues Rapid Growth, With OpenOcean Leading DEXs in Volume
The DeFi sector grew rapidly in March 2026, with OpenOcean leading DEXs in volume, followed by Paraswap and Nordstren. User trust and optimal pricing have contributed to this growth, highlighting a focus on benefits over brand names.
BlockChainReporter2h ago
Stablecoin protocol Resolv experiences a minting attack! USR depegs to $0.84
Stablecoin protocol Resolv was attacked due to a minting vulnerability. Attackers successfully minted $50 million USR using approximately $200,000, causing its price to dramatically depeg. It fell to around $0.25 before recovering to $0.84. The Resolv team confirmed the vulnerability and suspended minting and redemption functions, demonstrating that even audited DeFi protocols can still pose risks.
ChainNewsAbmedia3h ago
Ethereum Spot ETF saw net outflows of $41.9715 million yesterday, marking three consecutive days of capital outflows
March 22 News: Ethereum spot ETFs experienced a net outflow of $41.9715 million on March 20, marking the third consecutive day of capital outflows. Among these, BlackRock's Staked ETH ETF had a net inflow of $5.4658 million, while BlackRock's ETF ETHA saw a net outflow of $31.4508 million. Currently, Ethereum spot ETFs have total net assets of $12.328 billion, with cumulative net inflows of $11.729 billion throughout history.
GateNews4h ago
Resolv Attacker Spent 200,000 USDC to Mint 80 Million USR, Already Purchased 9,111 ETH
Onchain Lens detected that the Resolv attacker spent 200,000 USDC to mint 80 million USR and has already used it to purchase 9,111 ETH. The attacker is still converting USR to other cryptocurrencies and may continue to accumulate ETH.
GateNews5h ago
USDC circulation increased by approximately 400 million in one week, with total circulation reaching 7.91 billion
Gate News, March 22: According to data on Circle's official website, during the week ending March 12 local time, USDC issued approximately 5.2 billion, redeemed approximately 4.8 billion, with circulating supply increasing by approximately 400 million. As of March 19 local time, USDC total circulating supply was approximately 79.1 billion, with reserve asset value approximately $79.4 billion.
GateNews6h ago
ENS domain defi.eth traded at 15 ETH, down 62.5% from its 2022 transaction price
According to OpenSea data, the ENS domain defi.eth was sold on March 22 for 15 ETH (approximately $32,337.55), which is about 62.5% lower than the 40 ETH it sold for in February 2022. The buyer's address is 0x5716...0fdd.
GateNews7h ago
