# Kinetiq’s KNTQ Token Sets $0.4547 Record Ahead of Elysium Launch By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/42626 Published: 2026-10-28T13:39:16.000Z Updated: 2026-10-28T13:39:16.000Z Section: Investing > KNTQ gained 47.7% over 14 days through Oct. 28. Elysium’s mainnet is scheduled to launch Nov. 9. Kinetiq’s KNTQ token reached $0.4547 on Oct. 28, setting an all-time high as Elysium nears its scheduled mainnet launch on Nov. 9. KNTQ gained 47.7% over the 14 days through Oct. 28. Elysium is a layer-2 network Kinetiq is developing for the Hyperliquid ecosystem. The [Nov. 9 mainnet schedule]() is the network’s next milestone. Kinetiq announced Elysium on Aug. 24. Its testnet went live Sept. 22, and the Nov. 9 launch date was set Oct. 19. Kinetiq’s actual role, if any, in sequencing, staking and fee distribution remains to be seen after launch. ## Links in this article - [Nov. 9 mainnet schedule](https://www.tokenpost.com/news/technology/35460)