Why did the price of KAS go up?

Kaspa (KAS) increased by 4.46% in the last 24 hours, outperforming the overall crypto market, which rose by 1.88%. This growth was driven by a new exchange listing, positive technical signals, and excitement around upcoming developments in the Kaspa ecosystem.

1. WhiteBIT Listing & Trading Tournament – Made it easier to buy and sell KAS, boosting trading activity.
2. Technical Breakout – Price staying above important averages with positive momentum indicators.
3. Ecosystem Momentum – Upcoming community event and optimism about new smart contract features.

Deep Dive

1. WhiteBIT Listing & Trading Tournament (Positive Impact)

Overview: Kaspa was added to the Ukrainian exchange WhiteBIT on September 11. To celebrate, WhiteBIT hosted a trading competition with KAS prizes. This followed a teaser announcement on September 10 (WhiteBIT).

What this means: Being listed on a regulated exchange like WhiteBIT makes it easier for investors, especially in Eastern Europe, to trade KAS. This often leads to increased buying activity. The trading tournament also attracted more traders, helping push the 24-hour trading volume up by 34.27% to $49.9 million.

What to watch: Whether trading volume stays high after the tournament and if Kaspa gets listed on bigger exchanges.

2. Technical Momentum (Mixed Signals)

Overview: KAS is currently trading at $0.0866, which is above its 30-day and 200-day simple moving averages (around $0.0861 and $0.0858). The MACD indicator has turned positive, showing upward momentum, while the RSI is at 52.24, indicating neutral market sentiment.

What this means: The price is approaching a key resistance level near $0.0882. If it breaks above this, the next target could be $0.095. If it fails, the price might drop back to around $0.0808.

Key level to watch: The $0.0882 to $0.090 range for a confirmed breakout.

3. Ecosystem Sentiment & Events (Positive Outlook)

Overview: The first Kaspa Community Conference, called "Kaspa Experience," starts on September 13 in Berlin. The event will showcase Kaspa’s unique BlockDAG technology and plans for Layer-2 smart contracts.

What this means: Community events like this often boost short-term interest. Recent upgrades, such as faster transaction speeds (10 blocks per second) and the launch of Casplex L2 on August 31, highlight Kaspa’s focus on scalability.

What to watch: Any announcements about new developer tools or partnerships during the conference.

Conclusion

Kaspa’s recent price increase is driven by a combination of increased trading activity from the WhiteBIT listing, positive technical signals, and anticipation around the upcoming community event. While the overall crypto market remains cautious, Kaspa’s focus on scalability could keep attracting attention.

Key point: Will KAS stay above $0.0882 after the conference, or will traders take profits and push the price down? Keep an eye on trading volumes and news from the event.

What could affect the price of KAS?

Kaspa’s price is currently influenced by a balance between exciting technology updates and potential market risks.

1. Smart Contracts Launch (Positive) – The new Layer-2 upgrade could boost demand for decentralized finance (DeFi) and NFTs.
2. Exchange Listings (Mixed) – More trading options bring liquidity but also risk price swings after listings.
3. Proof-of-Work (PoW) Security (Neutral) – Energy concerns and possible network attacks remain challenges.

In-Depth Look

1. Smart Contracts with Casplex Layer 2 (Positive Impact)

What’s happening:
On August 31, 2025, Kaspa will launch smart contracts on its Casplex Layer 2 mainnet. This upgrade allows developers to create Ethereum-compatible decentralized apps (dApps) on Kaspa’s unique Proof-of-Work blockDAG network. The test network already saw a 600% increase in daily transactions after the announcement (Kasplex).

Why it matters:
Smart contracts are the backbone of many popular blockchain applications like DeFi, NFTs, and games. For example, PPKAS is developing a mining game on Kaspa. When Ethereum introduced smart contracts in 2015, its price skyrocketed over 10,000% in two years. Kaspa’s fast and scalable PoW network could attract projects looking for alternatives to slower, congested blockchains.

2. Listings on Major Exchanges & Liquidity (Mixed Impact)

What’s happening:
WhiteBIT will list $KAS/USDT and host a trading tournament in September 2025, following SwissBorg’s August integration. However, after a large transfer of 60 million tokens ($5 million) by a KuCoin whale, Kaspa’s price dropped 11% in one week, showing how sensitive it is to exchange-related volatility (XT Blog).

Why it matters:
Being listed on major exchanges makes it easier to buy and sell Kaspa, increasing trading volume (which recently rose 31% to $49.5 million). But new listings often lead to price swings as some investors sell off quickly. For example, MAGACOIN’s price fell 77% after fears of being delisted from Nasdaq. Kaspa’s low liquidity depth (turnover ratio of 0.022) means it could be vulnerable to similar price drops.

3. PoW Security and Energy Concerns (Neutral Impact)

What’s happening:
Kaspa uses an optical PoW algorithm that uses less energy than Bitcoin, but regulators are still cautious about energy-heavy blockchains. Additionally, recent 51% attacks by the Qubic community on Monero and Dogecoin highlight potential security risks for PoW networks (CryptoNews).

Why it matters:
Kaspa markets itself as “Nakamoto’s spiritual heir,” appealing to those who value decentralization and security. However, ongoing debates about blockchain energy use could slow down adoption by big investors. If Kaspa shifts toward greener mining or faces regulatory pressure (like the SEC’s investigation into Ethereum), market sentiment could change.

Conclusion

Kaspa’s price in the near future will depend heavily on how well smart contracts are adopted after the August 31 launch and how liquidity changes with new exchange listings. Over the long term, Kaspa needs to prove that its scalable PoW technology can overcome regulatory challenges and competition. The key question is: Will Casplex Layer 2 attract enough developers to fulfill Kaspa’s vision as “Ethereum on PoW”? Keep an eye on transaction volumes and developer activity on GitHub after the launch.

What are people saying about KAS?

Kaspa’s community is buzzing with new exchange listings, mysterious big investors, and a surge of meme tokens. Here’s what’s trending right now:

1. WhiteBIT exchange listing sparks trading excitement – Positive
2. Smart contracts launching August 31 – Mixed reactions
3. Unknown whale accumulating $KAS – Neutral impact
4. Meme tokens flooding Kaspa ecosystem – Speculative

In-Depth Look

1. @WhiteBIT_ua: Exchange Listing & Trading Competition 🚀 Positive

"Happy to welcome #Kaspa! [...] Trading tournament with $KAS supported by @Kaspa_KEF."
– @WhiteBIT_ua (1.2M followers · 12.3K impressions · Sept 11, 2025)
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What this means: The Ukrainian exchange WhiteBIT listed $KAS on September 11 and is hosting a trading competition. This could increase trading activity and attract more retail investors to Kaspa.

2. @kasplex: Smart Contracts Launch ⚡ Mixed

"Kaspa Smart Contracts Launching August 31 via @kasplex L2 Mainnet."
– @kasplex (Unconfirmed followers · July 22, 2025)
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What this means: The launch of smart contracts on Kaspa’s Layer 2 network will enable decentralized finance (DeFi) and NFTs. However, some are skeptical about how well Kaspa will compete with established platforms like Ethereum.

3. @GhoadCoin: Mysterious Whale Activity 🐋 Neutral

"Who is Wallet 2? [...] Rumors and theories abound—but the wallet keeps accumulating."
– @GhoadCoin (15K followers · 8.4K impressions · Sept 1, 2025)
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What this means: A large investor, known as a “whale,” has quietly gathered over 60 million $KAS tokens (worth about $5.16 million). This raises questions about their intentions—whether they plan to influence the market or simply believe in Kaspa’s long-term potential.

4. @JVE_Wealth: Meme Token Surge 🐸 Speculative

"Top tokens in the Kaspa $KAS ecosystem: $NACHO, $KASPY, $GHOAD [...] Which $KAS gem do you like most?"
– @JVE_Wealth (42K followers · 6.1K impressions · Aug 24, 2025)
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What this means: Several small, speculative tokens related to Kaspa are gaining attention, with some like $GHOAD seeing rapid price increases. While this shows active trading, these tokens currently have limited practical use.

Conclusion

The overall outlook on Kaspa is mixed. Positive momentum from the new exchange listing and upcoming smart contract launch is balanced by speculative meme token activity and uncertainty around big investors. Keep an eye on the $0.0834 resistance level—breaking above this could confirm bullish trends, while falling below $0.065 might test support. The August 31 smart contract launch will be a key moment for Kaspa’s future growth and credibility.

What is the latest news about KAS?

Kaspa is gaining momentum with new exchange listings and technology upgrades, while its community prepares for the first-ever Kaspa conference. Here’s a quick summary of the latest developments:

1. WhiteBIT Listing (September 10, 2025) – A major European exchange has added Kaspa ($KAS), making it easier to buy and sell the coin.
2. Crescendo Hardfork Upgrade (August 27, 2025) – Kaspa’s network speed increased to 10 blocks per second, allowing faster and smoother transactions.
3. Kaspa Experience Conference (September 13, 2025) – The first community event in Berlin will highlight Kaspa’s technology and ecosystem growth.

In Detail

1. WhiteBIT Listing (September 10, 2025)

What happened: WhiteBIT, a popular Ukrainian cryptocurrency exchange, announced it will list Kaspa ($KAS). To celebrate, they’re hosting a trading competition supported by the Kaspa Ecosystem Fund. This follows Kaspa’s earlier listing on SwissBorg in July, expanding its presence in Europe’s retail and institutional markets.
Why it matters: Being listed on more exchanges usually means more people can trade Kaspa, which can improve liquidity (how easily the coin can be bought or sold) and help establish a fair market price. WhiteBIT handles about $500 million in daily trading volume, so this could bring new traders to Kaspa. However, new listings sometimes cause short-term price swings. (WhiteBIT)

2. Crescendo Hardfork Upgrade (August 27, 2025)

What happened: Kaspa completed the Crescendo upgrade (known as KIP-14), which increased the network’s block creation speed from 1 block per second to 10 blocks per second. This means transactions confirm much faster, almost instantly. Additionally, smart contracts running on Kaspa’s Casplex Layer 2 have been live since August 31.
Why it matters: Faster transaction confirmation makes Kaspa more practical for small payments and decentralized finance (DeFi) applications. While Kaspa’s Layer-2 smart contracts are new and less developed than those on Ethereum or Solana, this upgrade lays the foundation for future growth.

3. Kaspa Experience Conference (September 13, 2025)

What happened: Kaspa will host its first community conference in Berlin, featuring workshops for developers, demonstrations of real-world applications like Internet of Things (IoT) micropayments, and updates on its GhostDAG protocol. The goal is to attract developers and grow Kaspa’s decentralized app (dApp) ecosystem.
Why it matters: Conferences can boost community enthusiasm and attract new projects. Success here could prove Kaspa’s “infrastructure-first” strategy is working, though long-term success depends on forming meaningful partnerships and building useful applications.

Conclusion

Kaspa’s recent exchange listings and technical upgrades show the network is maturing and becoming more accessible. The upcoming Berlin conference will test how well Kaspa can engage developers and grow its ecosystem. With smart contracts now active, the big question is whether Kaspa can move beyond being known as a “fast Bitcoin” to becoming a platform for impactful decentralized applications. Keep an eye on key ecosystem indicators in late 2025, like the number of active smart contracts and total value locked (TVL) in Kaspa-based projects.

What is expected in the development of KAS?

Kaspa’s development is moving forward with these key milestones:

1. Kaspa Community Conference (September 13, 2025) – Showcasing growth in the Kaspa ecosystem, including smart contracts and business adoption.
2. Smart Contract Layer 2 Expansion (Q4 2025) – Growing decentralized app (dApp) development through Casplex integration.
3. 32–100 Blocks Per Second Upgrade (2026) – Improving transaction speed for almost instant finality.

In-Depth Look

1. Kaspa Community Conference (September 13, 2025)

What’s happening:
The first-ever Kaspa Experience conference will take place in Berlin. It will highlight technical progress with live demonstrations of Layer 2 smart contracts, tools that work across different blockchains, and real-world business uses like micropayments and decentralized identity solutions (AMBCrypto). Kaspa’s core developers and community members will discuss how Kaspa can be used in industries and decentralized finance (DeFi).

Why it matters:
This event is a positive sign for Kaspa because it shows growing interest from businesses and developers, which could lead to more partnerships and wider use. However, there is some risk if the practical benefits don’t follow after the conference.

2. Smart Contract Layer 2 Expansion (Q4 2025)

What’s happening:
Kaspa’s smart contract feature, powered by the Casplex Layer 2 solution, launched on August 31, 2025. The next step is to expand use cases in DeFi and NFTs, with projects like PPKAS (a play-to-earn game) and KRC-20 tokens gaining popularity (CoinMarketCap).

Why it matters:
This development is somewhat positive for Kaspa. While Layer 2 adoption can increase activity on the network, Kaspa faces strong competition from established platforms like Ethereum and Solana. Success depends on attracting developers to Kaspa’s fast and efficient infrastructure.

3. 32–100 Blocks Per Second Upgrade (2026)

What’s happening:
After the Crescendo hard fork, which increased speed to 10 blocks per second (BPS) in 2025, Kaspa plans to boost this to between 32 and 100 BPS by 2026. This upgrade will require improvements in how the network reaches agreement and testing under heavier transaction loads (Cryptonews).

Why it matters:
This is a strong positive for Kaspa. Reaching 100 BPS would make it the fastest Proof-of-Work blockchain, which is attractive for payment systems and other fast transaction needs. However, delays or technical challenges could hurt confidence.

Conclusion

Kaspa’s roadmap focuses on scaling its infrastructure (aiming for 100 BPS) while growing its ecosystem through smart contracts and community events. The Berlin conference and Layer 2 expansions could spark short-term interest, but long-term success depends on keeping up technical progress. It will be interesting to see how Kaspa’s energy-efficient Proof-of-Work model competes with newer Layer 1 blockchains in 2026.

What updates are there in the KAS code base?

Kaspa’s development is focused on improving scalability, adding smart contract capabilities, and making the protocol more efficient.

1. New Kaspa Protocol Paper (September 11, 2025) – Introduces next-generation blockDAG improvements for faster and more secure transactions.
2. Smart Contracts with Casplex L2 (August 31, 2025) – Allows decentralized apps (dApps) to run on Kaspa’s network without changing its core design.
3. Crescendo Upgrade (May 2025) – Increased block speed to 10 blocks per second by rewriting the code in Rust.

Deep Dive

1. New Kaspa Protocol Paper (September 11, 2025)

Overview: Kaspa’s team published a detailed paper explaining upgrades to its blockDAG protocol. These changes aim to speed up how transactions are confirmed and improve the network’s ability to handle more activity.

The paper focuses on optimizing Kaspa’s GhostDAG consensus method. This means blocks of transactions can spread faster through the network and fewer blocks will be discarded (orphaned). The goal is to process more transactions while keeping the security provided by Proof-of-Work.

What this means: This is positive news for Kaspa. Better consensus efficiency can attract developers looking for a secure and fast blockchain platform. Faster transaction finality makes Kaspa more practical for real-time payments and decentralized finance (DeFi). (Source)

2. Smart Contracts with Casplex L2 (August 31, 2025)

Overview: Kaspa introduced smart contract functionality through Casplex, a Layer-2 solution. This lets developers create decentralized applications (dApps) without changing Kaspa’s simple and efficient base layer.

Casplex uses zero-knowledge proofs to confirm Layer-2 transactions on Kaspa’s main network. This keeps Kaspa’s fast block speed of 10 blocks per second while adding the ability to run programmable contracts.

What this means: This development is cautiously optimistic. While it expands what Kaspa can do, its success depends on how many developers start building on Casplex. If widely adopted, Kaspa could become a flexible platform for various blockchain applications. (Source)

3. Crescendo Upgrade (May 2025)

Overview: The Crescendo upgrade involved switching Kaspa’s codebase to the Rust programming language. This change boosted block production from 1 block per second to 10 blocks per second and improved how quickly nodes sync with the network.

Community tests showed a 40% reduction in delays during heavy network use, all while keeping the network decentralized through the kHeavyHash mining algorithm.

What this means: This is good news for Kaspa. Faster blocks mean the network can handle more transactions, which is important for small payments and Internet of Things (IoT) applications. (Source)

Conclusion

Kaspa continues to build on its strengths of speed and security while carefully adding smart contract features. The new protocol paper shows ongoing innovation, but the real impact will depend on how many developers adopt Casplex L2. The key question is whether Kaspa can maintain its simple, efficient design as it grows more feature-rich.