ONE Token Launches on Kraken Exchange
EVM-compatible gaming token $ONE now tradable with staking and governance features.
1Trading Goes Live
Kraken announced the listing of ONE token on September 9, 2026, enabling deposits and trading. The EVM-compatible Layer 1 network's native token supports gaming applications and smart contracts. Users must deposit tokens only through supported networks to avoid loss. Trading becomes available via Kraken App once sufficient liquidity conditions are met, with potential geographic restrictions applying to some users.
2Token Utility
$ONE serves multiple functions within ONEchain ecosystem: paying network gas fees, staking for validators, and governance participation. Developers use it to deploy games and applications on the network. The token has a fixed supply of 1 billion with no additional issuance, creating scarcity. Staking requires minimum 10 ONE tokens with a 14-day unbonding period, incentivizing long-term holding.
3Network Technology
ONEchain operates on Proof of Staked Authority (PoSA) consensus with BLS signatures, balancing decentralization and efficiency. Its Mainnet 2.0 upgrade introduced validator delegation and fee burning mechanisms. The chain uses EVM chain ID 612055, ensuring compatibility with Ethereum tools. This technical foundation supports the network's focus on on-chain gaming applications and developer adoption.
4Ecosystem Components
The ONEchain ecosystem includes ONEpocket wallet, ONEbridge for cross-chain transfers, and ONEnft marketplace. Developer tools like ONEramp SDK and ONEexplorer block explorer support application building. South Korea's ONE Store app marketplace operates as a network validator after its acquisition by Nexus Co., Ltd. These components create a comprehensive environment for gaming and DeFi applications.
5Corporate Structure
OGF (BVI) Ltd., part of Opengame Foundation, issues $ONE tokens while Nexus Co., Ltd. leads development. The project rebranded from CROSS to ONE in July 2026, maintaining the same network and team. This corporate structure provides stability while allowing for strategic partnerships, as demonstrated by the ONE Store acquisition in June 2026.
6Market Implications
The Kraken listing significantly increases $ONE's accessibility to retail and institutional investors. As a gaming-focused token with fixed supply, its value may benefit from both utility demand and speculative trading. The staking mechanism encourages holding, potentially reducing market volatility. This listing follows the broader trend of exchanges supporting specialized blockchain tokens.
7Competitive Landscape
ONEchain enters the competitive Layer 1 space against established gaming blockchains like Immutable X and Ronin. Its EVM compatibility gives it an advantage in developer adoption, while the PoSA consensus offers scalability. The project differentiates through its comprehensive gaming ecosystem tools and South Korean market connections via ONE Store.
8Future Outlook
The successful Kraken listing marks a major milestone for ONEchain's adoption. Future growth depends on gaming developer uptake and the expansion of its validator network. With the Mainnet 2.0 upgrade and strategic acquisitions already completed, the project is well-positioned in the blockchain gaming sector. Market response to the fixed supply mechanism will be crucial for long-term token valuation.
Original article: Kraken Blog — ONE Token Launches on Kraken Exchange