Is stablecoin summer happening on @KaiaChain? @Tether_to recently launched a native USDT deployment on the Kaia blockchain ($KAIA). Launched by both LINE and Kakao (the largest messaging apps in Japan and Korea, respectively), Kaia has also tripled their transactions over the last two months. What are the catalysts behind their growth? Let's dive in! 👇 Latest Traction 📈 Kaia engagement has boomed in March and April. According to @Dune, their weekly active addresses have grown 259%, setting a record high for four consecutive weeks. Also, their weekly transaction count has increased almost 6x. On the other hand, their TVL has remained stable without significant increase. Mini App on Kaia also has positive achievement, with Gross Merchandize Value (GMV) of $KAIA payment exceeding $58mm. Their daily GMV has also remained active over the past weeks. Catalyst 1 - Stablecoin Summer💲 Tether's native deployment of USDT on Kaia will create a flywheel for the Kaia ecosystem, unlocking DeFi accessibility and TVL liquidity. This initiative will allow LINE's 196 million monthly active users to utilize USDT for in-app payments, cross-border transfers, and DeFi activities on the Mini Dapp platform within LINE Messenger. Catalyst 2 - LINE Mini Dapps & Their TGE 📱 LINE's Mini Dapps are incorporating Web3 functionalities on Kaia, potentially onboarding millions of Web2 users to Web3. Apart from gaming, they are also rolling out more SocialFi and DeFi Dapps soon. LINE’s @dapp_portal on Kaia reached a cumulative total of 48 million users in less than two months after debut, amassing millions from in-app purchases. User adoption and even paid user acquisition have always been challenging for L1s and L2s, but Kaia is able to achieve them by leveraging on LINE's Mini Dapps. Additionally, LINE's Mini Dapps in the Kaia ecosystem are launching tokens (TGE) soon and we may expect more awareness. Kaito Yapper Leaderboard 🗣️ Kaito Yapper Phase 1 for Kaia is wrapping up, and Kaia will distribute the rewards soon. Their reward campaigns is worth $100k of across 3 phases, aimed to encourage community participation on X. Phase 2 is coming soon, so we should get ready to yap more! Thoughts on Kaia 💭 Tether's native USDT integration marks an important milestone for Kaia, positioning the collaboration as a pivotal step for financial inclusion and practical Web3 applications across Asia. Also looking forward to the TGEs of LINE's Mini Dapps on Kaia. Kaia is able to leverage on their backers Kakao (50 million users) and LINE( 200 million users), strategically poised for growth in its user base. Besides, LINE's Mini Dapps provided a SocialFi channel to mass adoption, demonstrating the activeness and demand for the Kaia blockchain. Their massive growth on wallet addresses and transactions over the past month is also impressive - just wondering how long this could last for. Disclaimer: This is a personal analysis, not intended as financial advice. Please DYOR, before making any decisions.