Keeta Network: The Potential and Challenges of a New Type of L1

Keeta Network, as an emerging force in the cryptocurrency market, is attempting to challenge the existing landscape in the payment sector. With eye-catching technical claims such as "millions of TPS" and "built-in compliance," along with its token KTA soaring up to 8 times since May, Keeta has quickly become the focal point of the market.

Analysis of the Reality of Technical Claims

Keeta Network claims to be a revolutionary Layer-1 solution aimed at integrating global payment networks and facilitating the efficient circulation of physical assets. Its core technological objectives include: processing 10 million transactions per second ( TPS ), a transaction confirmation time of 400 milliseconds, extremely low transaction fees, as well as native integration of multi-token support, a scalable permission system, atomic swaps, and a digital identity and compliance framework.

The processing capacity of 10 million TPS far exceeds that of existing payment giants and mainstream public chains. For example, Alipay's processing capacity during peak periods is about 544,000 transactions per second, while Visa's global network averages a few thousand transactions per second. This data also significantly outperforms mainstream public chains like Solana.

From a technical perspective, Keeta adopts a hybrid architecture of dPoS consensus mechanism and "virtual Directed Acyclic Graph" (virtual DAG). The dPoS mechanism has advantages in terms of efficiency, but may lead to a certain degree of centralization due to the limited number of block producers. The DAG structure theoretically has high concurrency processing potential but also faces challenges such as high computational overhead and complex confirmation rules.

Keeta claims that its "virtual DAG" is an innovative design, but currently lacks specific implementation details. The test results published in the white paper show that the maximum tested TPS reached 13 million, but only 5 nodes participated, raising doubts about the reliability of the test results in such an environment.

Factors Behind Market Heat

The Keeta testnet is now online, but the TPS currently remains below 5000, far below its claimed target. Nevertheless, Keeta has still attracted significant market attention, with its token KTA experiencing a notable increase in May 2025.

This level of attention largely stems from the investment and endorsement of former Google CEO Eric Schmidt. In 2023, Eric Schmidt and the venture capital firm Steel Perlot led a $17 million seed round investment in Keeta. Additionally, Keeta CEO Ty Schenk was a partner at Steel Perlot.

The KTA token quietly launched on the Base chain in March 2025, and this coin listing method similar to MEME coins sparked market discussions. In early May, the price of the KTA token rose from $0.1 to a maximum of $0.83, an increase of more than 8 times.

Potential Risks and Uncertainties

Although Keeta performs excellently in terms of funding background, technical narrative, and team experience, there are still some issues worth noting:

1. The community ecosystem and market transparency need to be improved. The activity level of official social media channels does not match its market popularity.

2. The listing of KTA tokens on mainstream exchanges is limited.

3. There is uncertainty in the token economics. The community allocation is 50%, with 80% unlocked during the TGE phase, but the specific controlling party is still unclear.

4. The core technology has not yet been fully validated, and the specific solution to achieve tens of millions of TPS remains unclear.

Keeta currently presents a situation of both potential and risk. It could become an industry disruptor, or it may fade into mediocrity if it fails to deliver on promises or loses in fierce competition. Investors and market observers need to be aware of the potential risks while focusing on its opportunities. Whether Keeta can turn its grand ambitions into reality remains to be seen.