According to Crypto Rover, Kernel ($KERNEL) is attracting significant smart money interest as it boasts a $2 billion Total Value Locked (TVL) yet trades at only a $20 million market cap. Backed by Binance Labs and available on Coinbase, Kernel dominates multiple chains including Ethereum (ETH), Binance Smart Chain (BNB), and Bitcoin (BTC). With its cross-chain presence and strong institutional backing, Kernel’s current undervaluation could present a unique trading opportunity for crypto investors seeking high-potential altcoins. Source: Crypto Rover Twitter, June 18, 2025.

According to Coinbase International Exchange, they will introduce perpetual futures for WCT, BABY, KERNEL, and PROMPT on their platforms. This move will expand trading opportunities for these cryptocurrencies starting at 9:30 am UTC on April 24, 2025. Traders can leverage this new offering to hedge positions or speculate on the future prices of these assets. This launch is expected to increase liquidity and trading volume, with potential impacts on the price dynamics of these cryptocurrencies.

According to Cas Abbé, KERNEL's recent launch has shown significant traction in the DeFi space, with Kelp achieving over $2 billion in Total Value Locked (TVL) and 400,000 restakers across more than 50 DeFi integrations. Kernel itself has rapidly reached $100 million TVL within weeks, with projections to exceed $100 billion. Meanwhile, Gain has surpassed $200 million TVL and is in its early stages. These metrics highlight substantial growth potential and redefine restaking in the DeFi ecosystem.