Kinetiq's KNTQ token reached an all-time high of $0.4547 on October 28, rising 47.7% over the previous 14 days. This surge comes as the Elysium layer-2 network, developed by Kinetiq for the Hyperliquid ecosystem, approaches its scheduled mainnet launch on November 9. Elysium's testnet went live on September 22, and the launch date was confirmed on October 19. The exact role of Kinetiq in sequencing, staking, and fee distribution after the launch remains unclear.
Kinetiq's KNTQ token is the subject of this update, provided here with Pluang's market data for context. As of Oct 28, 2026 20:03 WIB, 41 of 50 major cryptocurrencies on Pluang rose while 8 fell. Notable movers include XNO at Rp6.135 with a 1-day change of +2.25%, ENJ at Rp464 with 92% buy order activity, and MANA at Rp1.433 with 100% buy order activity.
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