Why did the price of KAS fall?
Kaspa (KAS) dropped 3.93% in the last 24 hours, slightly underperforming the overall crypto market, which fell 3.6%. This decline is mainly due to technical sell-offs, a general weakness in altcoins, and ongoing concerns about mining security.
- Technical Weakness – Price fell below important moving averages and support levels
- Shift in Altcoin Sentiment – Investors moving funds from altcoins to Bitcoin (Bitcoin dominance rose 0.7% in 24h)
- Mining Security Worries – Continued unease after threats of 51% attacks on proof-of-work (PoW) coins
Deep Dive
1. Technical Breakdown (Negative Impact)
Kaspa’s price dropped below its 7-day simple moving average (SMA) at $0.085 and a key support level at $0.08235. This triggered automated sell orders. The Relative Strength Index (RSI) at 37.25 indicates the coin isn’t oversold yet, and the Moving Average Convergence Divergence (MACD) indicator remains bearish.
What this means: Traders relying on technical analysis likely increased selling after the price broke below $0.082. Without signs of a quick rebound, the short-term trend favors further declines.
What to watch: If Kaspa’s price can close above $0.08235, it may stabilize. If not, it could test the next support level at $0.0792, which is the 78.6% Fibonacci retracement.
2. Altcoin Sentiment Shift (Mixed Impact)
The Altcoin Season Index dropped 8.7% in 24 hours, while Bitcoin’s market dominance rose to 57.77%. Data from derivatives markets shows funding rates for top altcoins turned negative, indicating traders are less willing to take risks on these assets.
What this means: Kaspa’s decline is part of a broader pullback from altcoins as investors move toward Bitcoin, seen as a safer option during uncertain times. The overall market mood is neutral, with the Fear & Greed Index at 47 out of 100.
3. Mining Security Concerns (Negative Impact)
Recent news about a potential 51% attack on Monero by Qubic, along with community discussions about similar threats to Dogecoin and Kaspa, has made investors cautious. Although Kaspa itself hasn’t been attacked, these concerns have affected sentiment.
What this means: Kaspa uses the GHOSTDAG protocol, which is designed to be secure. However, some retail investors may confuse general risks associated with PoW coins with Kaspa’s specific security. On-chain data shows that large holders (whales) continue to accumulate Kaspa, signaling confidence in the long term.
Conclusion
Kaspa’s recent price drop is driven by technical selling, a broader weakness in altcoins, and lingering fears about mining security. Despite this, Kaspa’s network fundamentals remain strong, with high transaction throughput and active development on layer 2 solutions. Traders should keep an eye on Bitcoin’s market dominance and whether Kaspa can hold above the $0.079 level.
Key point to watch: Will Kaspa stabilize above the 78.6% Fibonacci retracement at $0.0792 to avoid falling further toward its yearly low of $0.0753?
What could affect the price of KAS?
Kaspa’s price is caught between exciting technical upgrades and the realities of the market.
- Smart Contracts Launch (August 2025) – Adding Layer-2 smart contracts could increase Kaspa’s usefulness.
- Emission Schedule – Most of the coins (95%) will be mined by July 2026, which may make Kaspa more scarce.
- Competition & Adoption – Kaspa’s speed competes with platforms like Solana and Sui, but adoption is still growing.
Deep Dive
1. Smart Contracts via Casplex L2 (Positive Outlook)
Kaspa plans to launch smart contracts on its Casplex Layer 2 network on August 31, 2025. This will allow decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized apps (dApps) to run on Kaspa. Earlier in May 2025, the Crescendo upgrade boosted Kaspa’s transaction speed from 100,000 to 700,000 daily transactions by increasing block production to 10 blocks per second.
What this means: Smart contracts often attract developers and new users, which can increase demand and price. For example, Ethereum’s price jumped over 900% after launching smart contracts in 2017. Kaspa’s very low fees (less than $0.0001 per transaction) and fast transaction finality (0.1 seconds) give it a strong chance to benefit similarly.
2. Emission Schedule & Miner Dynamics (Mixed Impact)
Kaspa has a total supply limit of 28.7 billion KAS coins, with 95% expected to be mined by July 2026. The coin’s emission rate decreases every month by about 5%, which means miners earn fewer rewards over time.
What this means: Scarcity from fewer new coins being created could support Kaspa’s price in the long run, similar to Bitcoin’s halving events. However, as miner rewards shrink, miners might sell more coins to cover costs, which could put downward pressure on price. After 2026, Kaspa’s inflation rate is expected to stabilize around 5% annually, which may reduce price swings. Currently, about 70% of Kaspa’s supply is held by long-term holders, which helps limit selling pressure (Kaspa Daily).
3. Market Competition & Sentiment (Potential Challenges)
Kaspa competes with other fast and scalable blockchains like Solana, Ethereum, and Sui. While Kaspa’s unique blockDAG technology can handle over 10,000 transactions per second, it currently has limited adoption. The PPKAS gaming app is the only major decentralized app on Kaspa so far.
What this means: Without more apps and users, Kaspa risks being overshadowed by competitors. Regulatory uncertainty also poses challenges—especially with the U.S. Securities and Exchange Commission (SEC) delaying decisions on altcoin ETFs until October 2025, which limits institutional investment. On the positive side, new listings on exchanges like WhiteBIT (September 2025) and KuCoin improve access for traders.
Conclusion
Kaspa’s near-term success depends on how well its smart contract platform is adopted and how miners respond to decreasing rewards. Long-term growth will rely on attracting more decentralized apps and clearer regulations. A price move above $0.09 could indicate strong momentum, but without developer interest, gains might be limited.
Key question: Will Kaspa’s Layer-2 smart contracts spark a breakout like Ethereum’s in 2017, or will competition keep it from standing out?
What are people saying about KAS?
Kaspa’s community is buzzing with excitement and energy, driven by both technology and fun memes. Here’s what’s trending right now:
- A wave of new KRC20 tokens is entering Kaspa’s ecosystem.
- There’s renewed excitement about the upcoming launch of smart contracts.
- Developers are highlighting Kaspa’s fast BlockDAG technology.
- New exchange listings are raising hopes for better liquidity.
Deep Dive
1. @cryptomes: KRC20 Token Surge Continues 🚀
“🔥 Fresh tokens on #KSPR! $BINARY, $CARTEL, $KODEX now live”
– @cryptomes (1.2M followers · 250K+ impressions · 2025-09-10 UTC)
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What is the latest news about KAS?
Kaspa is making important technology upgrades and expanding its presence on exchanges, even as the market faces some challenges. Here are the key updates:
- WhiteBIT Listing & Trading Tournament (September 11, 2025) – Kaspa (KAS) is now available on a major European exchange, improving trading options and liquidity.
- Smart Contracts Launch via Casplex L2 (August 31, 2025) – Kaspa’s network now supports smart contracts, opening doors for decentralized finance (DeFi) and NFTs.
- Blynex Academy Free Course Launch (September 1, 2025) – A new educational course helps users understand Kaspa’s advanced blockchain technology.
In-Depth Look
1. WhiteBIT Listing & Trading Tournament (September 11, 2025)
What happened:
Kaspa ($KAS) was added to WhiteBIT, a leading European cryptocurrency exchange, with a trading pair against USDT (a stablecoin). To encourage trading, a tournament is being held in partnership with Kaspa’s ecosystem fund (@Kaspa_KEF).
Why it matters:
This listing makes it easier for European traders to buy and sell KAS, which can improve liquidity—the ease of trading without big price changes. WhiteBIT handles over $1.4 billion in trades daily, so this is a significant step. However, Kaspa is still not listed on major U.S. exchanges like Binance or Coinbase, which limits access for larger institutional investors. (WhiteBIT)
2. Smart Contracts Launch via Casplex L2 (August 31, 2025)
What happened:
Kaspa introduced smart contracts through its Casplex Layer-2 network. Smart contracts are self-executing agreements that enable decentralized applications (dApps) like DeFi platforms and NFTs. This upgrade follows the Crescendo hardfork, which increased Kaspa’s block production speed to 10 blocks per second.
Why it matters:
Before this, Kaspa lacked the ability to run programmable applications, which limited its use cases. Now, with smart contracts, Kaspa can compete with other blockchains like Ethereum and Solana that support scalable dApps. The network aims to reach 100 blocks per second by 2026, making it faster and more efficient. (Blynex)
3. Blynex Academy Free Course Launch (September 1, 2025)
What happened:
Blynex Academy released a free online course explaining Kaspa’s unique technology, including the GHOSTDAG protocol, kHeavyHash mining method, and Layer-2 scaling plans. The course also highlights Kaspa’s recent 92% price increase in early September 2025.
Why it matters:
Educational resources like this help developers and everyday investors better understand Kaspa’s technology, which can encourage more people to build on or invest in the network. Still, Kaspa’s price has been volatile, dropping 23% over the past 90 days, showing that some market uncertainty remains.
Conclusion
Kaspa is making solid progress by improving its technology and expanding where it’s traded. However, wider adoption depends on reducing price swings and getting listed on top-tier exchanges. With smart contracts now active, the big question is whether Kaspa can attract enough DeFi projects and users to support its valuation of over $2 billion.
What is expected in the development of KAS?
Kaspa is moving forward with some important updates:
- Smart Contracts with Casplex L2 (Q4 2025) – Adding a second layer to support decentralized finance (DeFi), NFTs, and apps.
- Switching to Rust (Q4 2025) – Rebuilding the system in Rust to handle 32 to 100 blocks per second, up from 10.
- Block Header Pruning (Q1 2026) – Improving storage and network efficiency to handle more transactions.
In-Depth Look
1. Smart Contracts with Casplex L2 (Q4 2025)
What’s happening:
Kaspa plans to introduce smart contracts through Casplex, a Layer-2 solution. This means Kaspa won’t just be fast for sending coins—it will also support decentralized apps, DeFi services like lending, and NFT platforms. The goal is to keep Kaspa’s strong security while expanding what it can do (Kaspa Community Update).
Why it matters:
This is good news for Kaspa (KAS) because it opens up new ways to use the network and could attract more developers. But there’s a risk if other blockchain platforms get popular first.
2. Switching to Rust (Q4 2025)
What’s happening:
Kaspa is rewriting its code in Rust, a programming language known for safety and speed. This update aims to increase the number of blocks processed per second from 10 to between 32 and 100. It also improves stability and how quickly transactions are confirmed (Kaspa on Rust: Alpha Update).
Why it matters:
This could make Kaspa better for small, fast payments. However, reaching 100 blocks per second might require a major update called a hard fork, which can be tricky to coordinate.
3. Block Header Pruning (Q1 2026)
What’s happening:
Kaspa will implement automatic pruning of block headers. This means nodes (computers running the network) won’t have to store as much data, making it easier to scale as transaction volume grows. This works well with Kaspa’s unique BlockDAG design, which helps keep the network decentralized.
Why it matters:
This is a positive step for long-term growth. Efficient data handling means Kaspa can handle more transactions without overloading the network. If pruning is delayed, nodes might struggle as transaction speeds increase.
Conclusion
Kaspa’s future updates focus on making the network faster, more useful, and sustainable. While there are risks in rolling out these changes, success could strengthen Kaspa’s role as a fast and secure Proof-of-Work blockchain. The key questions are how quickly developers will build on Casplex L2 and whether Kaspa can keep its balance of speed and decentralization.
What updates are there in the KAS code base?
Kaspa’s recent software updates focus on making the network faster, more secure, and easier for developers to build on.
- Crescendo Hardfork (July 2025) – Increased block speed to 10 blocks per second.
- Rust Codebase Migration (June 2025) – Improved performance and developer tools by switching to Rust programming language.
- Layer 2 Smart Contracts (August 2025) – Added support for DeFi and NFT applications through Casplex integration.
Deep Dive
1. Crescendo Hardfork (July 2025)
Overview: The Crescendo upgrade (KIP-14) boosted Kaspa’s block production from 1 to 10 blocks per second. This means transactions confirm almost instantly. Node operators had to update their software to support this change.
Why it matters: Faster transaction confirmations make Kaspa more practical for everyday payments and decentralized apps (dApps). The upgrade also kept the network stable by ensuring backward compatibility, so no splits occurred.
(Source)
2. Rust Codebase Implementation (June 2025)
Overview: Kaspa moved key parts of its code to Rust, a programming language known for safety and efficiency. This change improves the software’s performance and attracts developers who prefer modern tools.
Why it matters: This update is positive for Kaspa’s future. While it required some adjustments from node operators, Rust’s benefits could help Kaspa reach even higher speeds, potentially up to 100 blocks per second.
(Source)
3. Layer 2 Smart Contracts (August 2025)
Overview: On August 31, Kaspa launched Casplex, a Layer 2 solution that supports smart contracts compatible with Ethereum’s system (EVM). This allows developers to create decentralized finance (DeFi) and non-fungible token (NFT) projects on Kaspa.
Why it matters: This is a big step forward because it adds programmable features without slowing down Kaspa’s fast base layer. Early projects like Zealous Swap (currently on testnet) and Python software development kits (SDKs) make it easier to build new dApps.
(Source)
Conclusion
Kaspa’s latest updates focus on scaling to 10 blocks per second, improving developer experience with Rust, and expanding its ecosystem through Layer 2 smart contracts. With these advancements showcased at the Berlin “Kaspa Experience” conference, Kaspa’s unique blockDAG technology aims to keep pace with other leading Layer 1 blockchain networks.