The KAVA price has risen to $1.03 today, representing a 9% jump in the past 24 hours, as the wider cryptocurrency market suffers its first notable drop in over a week. KAVA's current price also represents a 38% gain in seven days and 52% jump in the last 30, with the layer-one coin surging mostly because of yesterday's announement that Coinbase will be listing it.

Yet Kava is also witnessing considerable organic growth as a smart contract platform, with more protocols developing on it with each passing week. As such, the combination of new listings and adoption could make KAVA one of the best-performing altcoins of the next few months, if not of 2023.

(By Simon Chandler)