Deep Dive
1. rKGEN Token Swap Opens (7 January 2026)
Overview: This update allowed users to convert their remaining rKGEN reward points into the main KGEN token via an official portal. It streamlines the token system by removing placeholder balances.
The swap finalizes the migration from the project's reward token (rKGEN) to its primary utility and governance asset. This conversion increases the circulating supply of KGEN, which can lead to higher on-chain activity but may also introduce short-term selling pressure if early holders choose to exit.
What this means: This is neutral for KGEN because it removes uncertainty for reward holders and provides clearer tokenomics, but it also increases the number of tokens available to trade immediately. (Source)
2. VeriFi 2.0 & Multi-Chain Roadmap (Q1 2026)
Overview: According to its published roadmap, KGeN plans to launch VeriFi 2.0 in the first quarter of 2026. This major upgrade aims to expand its verified identity protocol and add multi-chain support.
The update includes improved APIs for developers and is designed to make the platform more scalable and interoperable with other blockchains. It represents a significant step in evolving KGeN's core technology from a beta network to a more robust infrastructure.
What this means: This is bullish for KGEN because it promises a more powerful and flexible platform, which could attract more developers and users, ultimately driving greater utility for the token. (Source)
Conclusion
KGeN is progressing from post-launch token consolidation to planned foundational upgrades, signaling a focus on technical scalability and developer experience. Will the execution of VeriFi 2.0 successfully bridge its substantial user base to enhanced on-chain utility?