In this study, the Kaniadakis holographic dark energy (KHDE) model is investigated within the framework of a flat FLRW universe by using an infrared cut-off as Hubble horizon. For the different values of the Kaniadakis parameter κκ and C2C2, we perform an analysis on the deceleration, the equation of state and the energy density parameters. The current phase shift of the Cosmos may be rationalized by the change in sign of the deceleration parameter in the KHDE model, which went from +ve+ve to −ve−ve, signifying a move from a phase of deceleration to one of acceleration. In order to get an understanding of the geometrical behavior shown by the KHDE model, we compute and show the statefinder evolutionary trajectory for the pairs (r,s)(r,s) and (q,r)(q,r). The evolutionary trajectory of ωD−ω′D reveals that the ωD crosses the phantom divide line ωD=−1 at a late period in the evolutionary process. It has also been determined, by examination of the KHDE models stability analysis, that the model has behaved in an unstable manner during the whole course of the history of the universe. In addition to this, we optimized the model parameters by making use of the distance modulus measurement that was taken from the most current Union 2.1 dataset of supernovae.