Kusama, a prominent blockchain network, is undergoing significant changes as Tether plans to halt USDT operations on its platform by September 2025, reflecting a strategic pivot towards more active Layer 2 solutions. Meanwhile, the Kusama network is gearing up for its next series of parachain auctions, following a successful initial round that amassed a $450 million Total Locked Value, indicating robust investor interest and confidence in its ecosystem.
In parallel, Kusama's involvement in the decentralized finance space is highlighted by the launch of Karura Swap, a decentralized exchange on both Polkadot and Kusama, enhancing its utility and market presence. Despite recent market volatility affecting Kusama's token price, the network's developments underscore its resilience and adaptability, positioning it as a key player in the evolving cryptocurrency landscape.
Kusama (KSM) Network: Key Changes and Future Outlook
October 17, 2025
1 min read
Kusama, a prominent blockchain network, is undergoing significant changes as Tether plans to halt USDT operations on its platform by September 2025, reflecting a strategic pivot towards more active Layer 2 solutions. Meanwhile, the Kusama network is gearing up for its next series of parachain auctions, following a successful initial round that amassed a $450 million Total Locked Value, indicating robust investor interest and confidence in its ecosystem.