Decentralized Finance Integration: 1inch has Integrated with Klaytn's Kaikas Wallet

1inch has reportedly integrated with Klaytn's Kaikas wallet. Under this partnership, the 1inch Swap API will “power token swaps in Kaikas, a versatile wallet ensuring interaction with the Klaytn ecosystem.

Timeline of 1inch, Klaytn

Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $30,000 level on Wednesday. Ethereum (CRYPTO: ETH), meanwhile, edged higher, trading above the key $1,900 mark this morning.

Bitcoin (CRYPTO: BTC) traded lower, but the cryptocurrency prices remained above the $30,000 level on Tuesday. Ethereum (CRYPTO: ETH) also moved lower, but remained above the key $1,900 mark this morning.

1inch Network (1INCH) price currently sits at $0.47 after gaining 102% over the last 30 trading days. On-chain data analysis reveals solid network fundamentals that could power 1INCH into more gains.

The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021.

Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era.

The 1-inch exchange will be the first major protocol to release tokens this week on May 1. However, with only 21,429 tokens issued, there is unlikely to be a significant impact on token prices.

Binance, the world's largest crypto exchange, has announced that it will move Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) out of the innovation zone on April 18.

In recent years, the world of cryptocurrency has seen explosive growth, with new and innovative projects emerging every day. One of the most significant players in this space is Binance, the world's largest cryptocurrency exchange by trading volume.

The world's largest crypto exchange Binance on Monday announced that it decides to move out Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) from the Innovation Zone. Binance allows users to trade new and innovative projects by listing these tokens in Innovation Zone.

1inch has experienced its second-largest spike in Social Volume this year, alongside a significant movement of Dormant Coins. With the price still undervalued according to MVRV data, these developments could lead to potential price gains for the altcoin.