Kava (KAVA) Jumps 9%, Coinbase Listing & 13th Biggest PoS Platform

• Kava (KAVA) has seen a 9% jump in the past 24 hours, with a 38% gain in a week and a 52% return in the last 30 days.
• Coinbase has announced that it will list KAVA today, with the coin’s indicators showing positive signs of a breakout rally.
• The KAVA platform is steadily growing, with the proof-of-stake layer-one platform now the 13th biggest such platform in the world.

The cryptocurrency market has been going through a period of volatility over the past week, with a 2.5% drop in the past 24 hours, and a slight correction from gains over the last week. Despite this, the market cap remains at roughly $997 billion, up 8% in a week and 20% in a month.

Amidst the turbulence, some coins have been performing well, with Kava (KAVA) standing out with a 9% jump in the past 24 hours, a 38% gain in a week and a 52% return in the last 30 days. These impressive figures can be attributed to the recent announcement by Coinbase that they would be listing the coin.

The news has already started to affect KAVA’s indicators, with its relative strength index (purple) shooting up to 80, while its 30-day average (red) is beginning to move up towards its 200-day (blue), signalling a significant breakout rally. Coinbase’s listing of KAVA will begin today from 9:00am Pacific Time (5:00pm UTC), and is sure to bring with it some further volatility.

But the good news doesn’t stop there. Kava’s organic growth has been just as impressive, with the coin’s platform steadily growing. It is now the 13th biggest proof-of-stake layer-one platform in the world, with the team behind it continually finding new ways to add value to their coin.

All in all, KAVA’s performance over the past week has been extremely impressive and it looks to be a great choice for any investor looking for a coin with strong fundamentals and potential for long-term growth.