KIN has been a story full of struggle and ups and down there fight with regulators seem never ending but i am happy to see that they are still here still developing and still growing unlike telegram who gave up their blockchain project ton due to regulator interference they should also have fought and continue the project as far as i know that was also one of the most advanced blockchain network that they were developing so never give up.
You've made some great points. KIN has had a dark cloud over it's head for almost two years now. Despite that, the ecosystem has continued to push forward and develop regardless. There is finally light at the end of the tunnel though as the processes are finally wrapping up. This has definitely had a negative affect on the price and has also made it much harder to get new applications on board with the looming uncertainty. One of the negative impacts of this was exchanges seemed afraid or were actually told to not list KIN. This is why the Bithumb listing really stands out. Why now? Why is an exchange deciding to list KIN tomorrow when they might not have been interested to list it a couple months ago. What has changed since then? It's definitely a great sign in my opinion.