Why did the price of KAS go up?
Kaspa (KAS) increased by 3.72% in the past 24 hours, outperforming the overall crypto market, which rose by 3.01%, and reversing a week-long downward trend. The main reasons behind this rise include:
- Excitement Around WhiteBIT Listing – Anticipation of $KAS trading competitions and increased liquidity.
- Technical Bounce Back – Indicators showed Kaspa was oversold, prompting buying interest.
- Growing Ecosystem – Launch of new KRC-20 tokens and active community projects.
In-Depth Analysis
1. Exchange Listing Sparks Demand (Positive Effect)
Kaspa’s recent addition to the WhiteBIT exchange (WhiteBIT announcement) and the upcoming $KAS trading tournament, supported by Kaspa KEF, encouraged traders to buy in anticipation. WhiteBIT highlighted Kaspa’s unique blockDAG technology and its secure Proof-of-Work system.
Why it matters: Being listed on a major exchange like WhiteBIT, which has over 4.5 million users, usually means more people can buy and sell the coin easily. This increased visibility and trading activity led to a 24-hour trading volume of $52.1 million, a slight increase of 0.54%, showing growing retail interest.
What to watch: Whether trading volume stays high after the tournament and if Kaspa gets listed on other big exchanges like Binance or Coinbase.
2. Technical Indicators Show a Rebound (Mixed Signals)
Kaspa’s Relative Strength Index (RSI), a tool that measures if an asset is overbought or oversold, dropped to oversold levels over the past week (7-day RSI at 32.49 and 14-day RSI at 38.12). The price ($0.0779) was close to important moving averages—the 10-day simple moving average (SMA) at $0.0770 and the 100-day SMA at $0.0793.
What this means: After a 7-day price drop of 2.19%, many traders saw this as a good time to buy. The MACD indicator, which shows momentum, suggested that the downward pressure was easing. However, resistance is expected near the 30-day SMA at $0.0819, which could limit gains.
Key level to watch: If Kaspa’s price closes above $0.0819, it might aim for $0.0845, based on Fibonacci retracement levels.
3. Ecosystem Expansion and Community Buzz (Positive Influence)
New KRC-20 tokens such as $EDUKAS, $CARTEL, and $FRANCS have been launched on Kaspa’s KSPR platform. Additionally, the community has been actively promoting Kaspa as part of the “Uptober” altcoin season, highlighting it as a promising pick (Crypto.News coverage).
Why this matters: Activity around smaller tokens often brings attention and investment to the network. Kaspa’s innovative blockDAG technology and the upcoming smart contract capabilities through Kasplex Layer 2 solutions add to the positive outlook.
Summary
Kaspa’s recent price recovery is driven by excitement from exchange listings, technical buying signals, and growing ecosystem activity. However, broader market risks remain, especially with upcoming U.S. economic data and potential cryptocurrency fund outflows.
Key question: Can Kaspa maintain its position above the $0.0770 level (10-day SMA) amid ongoing market volatility?
What could affect the price of KAS?
Kaspa’s price is caught between promising technical upgrades and broader market risks.
- Smart Contract Launch (Positive) – Casplex L2 goes live on August 31, 2025, adding new uses.
- Exchange Listings (Mixed) – Binance Pool integration hints at a possible spot listing.
- Market Risks (Negative) – U.S. inflation data and ETF outflows could pressure risk assets.
In-Depth Look
1. Smart Contract Launch (Positive Impact)
What’s happening:
Kaspa is launching its Casplex zkEVM Layer 2 mainnet on August 31, 2025, which will allow smart contracts compatible with Ethereum. This upgrade could attract decentralized finance (DeFi) and NFT projects to Kaspa’s fast network, which processes 10 blocks per second using proof-of-work (PoW).
Why it matters:
When smart contracts launched on Ethereum in 2015, it led to significant growth in its ecosystem. If Kaspa sees similar adoption, the price of KAS could revisit its 2024 high of $0.15 (CryptoNews). However, success depends on how many developers choose Kaspa over competitors like Plasma, which has a $12 billion valuation.
2. Exchange Listings & Mining Trends (Mixed Impact)
What’s happening:
In July 2025, Binance added Kaspa mining pools, sparking speculation about a possible spot market listing. At the same time, Kaspa’s mining power (hash rate) increased by 32% after the Crescendo upgrade, showing miner confidence.
Why it matters:
A Binance listing could boost KAS’s price, similar to KuCoin’s 2023 listing that caused a 187% price jump. However, miners have sold about 147,000 BTC since August 2025 (Coindesk), indicating some profit-taking that might also affect Kaspa.
3. Market Risks & Sentiment (Negative Impact)
What’s happening:
The crypto Fear & Greed Index is at 42/100 (neutral), but $509 million in ETF outflows last week and upcoming U.S. inflation data (PCE report on September 28, 2025) could hurt market sentiment.
Why it matters:
Kaspa’s price moves closely with Bitcoin (correlation of 0.89 over 30 days). If inflation data is worse than expected, KAS could drop below its key support level of $0.075. On the other hand, if ETF inflows return after the data, altcoins like Kaspa might bounce back. Still, with daily trading volume around $61 million, Kaspa is vulnerable to sudden liquidity changes.
Conclusion
Kaspa’s near-term price depends on how well smart contracts are adopted and how the broader market reacts to economic data. Medium-term growth will rely on exchange listings and keeping miners engaged. Watch for Casplex’s launch to see if it can counterbalance market caution. Key levels to monitor are KAS’s $0.082 support and Bitcoin’s reaction around $110,000.
What is the latest news about KAS?
Kaspa is navigating a challenging market by securing new exchange listings and expanding its ecosystem.
- WhiteBIT Listing & Trading Tournament (September 11, 2025) – Kaspa gained more liquidity and visibility through a partnership with a major exchange.
- KRC-20 Token Launches (September 13, 2025) – New tokens launched on Kaspa’s KSPR platform, growing its ecosystem.
- Price Stability During Market Drop (September 26, 2025) – Kaspa’s price held up better than many other cryptocurrencies during a market downturn.
In-Depth Look
1. WhiteBIT Listing & Trading Tournament (September 11, 2025)
What happened: Kaspa (KAS) was listed on WhiteBIT, a popular Ukrainian cryptocurrency exchange, paired with USDT (a stablecoin). To encourage trading, WhiteBIT and the Kaspa Ecosystem Foundation launched a trading competition with a prize pool in $KAS.
Why it matters: Being listed on a big exchange like WhiteBIT, which has over 4 million users, usually means easier buying and selling of Kaspa. This can lead to more trading activity in the short term and more people holding Kaspa in the medium term. (WhiteBIT)
2. KRC-20 Token Launches (September 13, 2025)
What happened: Several new tokens, including $KODEX, were launched on Kaspa’s KSPR platform. These tokens are priced in KAS. Earlier in the month, tokens like $HORNET and $DESCI also launched.
Why it matters: The growth of KRC-20 tokens shows that developers are actively building on Kaspa, expanding its uses beyond just sending and receiving coins. However, the low prices of some tokens (like $KODEX at 0.01 KAS) suggest these projects are still in early testing phases. (Cryptomes)
3. Price Stability During Market Drop (September 26, 2025)
What happened: On September 26, while Bitcoin dropped 2.17% and Ethereum fell 3.12%, Kaspa’s price actually rose about 1%. This was after a 4% weekly decline but still better than other coins like XRP and BNB.
Why it matters: Kaspa’s relative strength could indicate growing interest or demand for its fast and efficient proof-of-work technology. Traders are watching the $0.07 to $0.08 price range for signs of steady support. (CoinDesk)
Conclusion
Kaspa’s new exchange listings and expanding token ecosystem come at a time when its price has dropped about 7.6% over the past month. Technical indicators show the price hovering near its short- and mid-term averages, suggesting a neutral trend. Kaspa’s focus on fast transactions and low fees could help it bounce back if the overall market sentiment for alternative cryptocurrencies improves. The key question is whether growing adoption of KRC-20 tokens can help Kaspa overcome broader market challenges in the last quarter of the year.
What is expected in the development of KAS?
Kaspa is making steady progress with these key milestones:
- Smart Contract Launch (Q4 2025) – This will allow developers to create decentralized apps and financial tools using Layer-2 technology, which keeps the main network fast and secure.
- Growing the Ecosystem with KRC-20 Tokens (2026) – Supporting new projects like meme coins, NFTs, and ways for different blockchains to work together.
- Faster Transactions (2026) – Improving the network to handle 32 to 100 blocks per second, making transactions almost instant.
In-Depth Look
1. Smart Contract Launch (Q4 2025)
What’s Happening:
Kaspa’s community is actively working on adding smart contracts, but they’re focusing on Layer-2 solutions. This means smart contracts will run on a secondary layer, so the main Kaspa network stays fast and secure. Developers are sharing ideas and updates regularly on the Kaspa Discord.
Why It Matters:
Smart contracts open the door for developers to build things like decentralized exchanges, lending platforms, and NFT marketplaces on Kaspa. This could increase the usefulness and popularity of KAS. However, creating these Layer-2 solutions is complex, and delays could slow down adoption.
2. Growing the Ecosystem with KRC-20 Tokens (2026)
What’s Happening:
Kaspa’s KRC-20 token standard is becoming popular. Projects like $GHOAD and $BURT are launching meme coins and decentralized apps. Exchanges such as WhiteBIT are listing KAS and hosting trading competitions to encourage activity (WhiteBIT).
Why It Matters:
A growing ecosystem can make Kaspa more valuable by attracting more users and developers. But there’s a risk that too many low-value tokens could distract from quality projects. Key things to watch are how many KRC-20 tokens are being traded and how active developers are on the platform.
3. Faster Transactions (2026)
What’s Happening:
After reaching 10 blocks per second (BPS) with the Crescendo upgrade, Kaspa plans to increase this to between 32 and 100 BPS through ongoing testnet improvements. The network’s rewrite in Rust (“Rusty Kaspa”) has set the stage for these upgrades. Timelines depend on testing results (Kaspa Medium).
Why It Matters:
Faster transaction speeds would make Kaspa one of the quickest proof-of-work blockchains, which is great for users and developers. However, upgrades could cause temporary network issues or disagreements among miners if rewards change.
Conclusion
Kaspa’s roadmap focuses on both technical improvements—like smart contracts and faster block rates—and expanding its ecosystem with KRC-20 tokens. Its commitment to decentralization while scaling sets it apart from many other projects. The big question is how Kaspa’s Layer-2 smart contracts will compete with Ethereum’s well-established decentralized finance (DeFi) platforms.
What updates are there in the KAS code base?
Kaspa’s latest updates focus on making the network faster, more scalable, and easier for developers to build on.
- Crescendo Hardfork (May 2025) – Increased block speed to 10 blocks per second, enabling almost instant transactions.
- Rust Migration (2025) – Rewrote the core code in Rust for better performance and easier future upgrades.
- Smart Contract Layer (Coming Soon) – Adding programmable features to support decentralized apps (dApps).
Deep Dive
1. Crescendo Hardfork (May 2025)
What happened:
Kaspa upgraded its system to produce 10 blocks per second instead of just 1. This means transactions finalize in less than a second.
How it works:
The upgrade improved Kaspa’s GhostDAG protocol, which allows multiple blocks to be processed at the same time while keeping the network secure through Proof-of-Work. It also added pruning, a way to reduce data size so that running a node stays manageable.
Why it matters:
For users, this means near-instant payments, making Kaspa practical for everyday use and small transactions. For developers, it provides a faster and more reliable platform to build on. (Source)
2. Rust Migration (2025)
What happened:
Kaspa’s core software was rewritten in Rust, a programming language known for speed and safety.
How it works:
This change fixed performance issues found in the previous Go-based code, cutting delays by about 30% during heavy use. It also makes it easier to add hardware acceleration and support different devices.
Why it matters:
While this doesn’t immediately change user experience, it’s a big step toward building a more robust and scalable network. It also makes it easier for developers to work with Kaspa in the future.
3. Smart Contract Layer (Coming Soon)
What’s planned:
Kaspa is working on adding a smart contract layer that will let developers create decentralized applications (dApps) and tools that work across different blockchains.
How it works:
This new layer will combine Kaspa’s BlockDAG technology with Ethereum-compatible virtual machines, allowing dApps to run quickly without slowing down the network.
Why it matters:
This opens the door for Kaspa to support decentralized finance (DeFi), NFTs, and other innovative apps, expanding its ecosystem beyond simple transactions.
Conclusion
Kaspa is evolving its technology to be faster and more versatile. The Crescendo and Rust upgrades already make transactions quicker and the network more efficient. The upcoming smart contract layer aims to attract developers by enabling a wider range of applications. The big question is whether Kaspa’s focus on infrastructure will help it compete with established platforms like Ethereum and Solana.
What are people saying about KAS?
Kaspa’s community is buzzing with new exchange listings, big investor activity, and a surge in memecoin tokens. Here’s what’s trending right now:
- Listing on WhiteBIT sparks positive momentum
- A mysterious large investor, “Wallet 2,” fuels speculation
- New KRC-20 tokens create excitement and debate
In-Depth Look
1. Kaspa’s First Listing on WhiteBIT Exchange Brings Optimism
“Kaspa ($KAS) combines Proof-of-Work security with instant transactions via blockDAG”
– @WhiteBIT_ua (1.2M followers · 850K impressions · September 10, 2025)
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What this means: The Ukrainian exchange WhiteBIT recently listed Kaspa and launched a trading competition to promote it. This boosts Kaspa’s trading activity and adoption in Eastern Europe. Currently, Kaspa is trading at $0.0778, up 4.09% in the last 24 hours, even as the broader crypto market remains steady.
2. Speculation Around “Wallet 2,” a Large Kaspa Holder
“Who is Wallet 2? The Kaspa community can’t stop speculating”
– @GhoadCoin (23K followers · 412K impressions · September 1, 2025)
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What this means: A mysterious investor known as “Wallet 2” has quietly bought over 60 million KAS since July 2025. This has sparked debates about whether big institutions are getting involved or if miners are selling off their holdings. Some bearish voices point out that miners have sold about $160 million worth of KAS to invest in other cryptocurrencies like $TAO and $BTC.
3. Growth of KRC-20 Tokens on Kaspa’s Network
“Latest tokens live on #KSPR: $CARTEL at 0.0005 KAS”
– @cryptomes (189K followers · 1.2M impressions · September 10, 2025)
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What this means: More than 15 new KRC-20 tokens launched in September 2025, showing that Kaspa’s ecosystem is expanding. However, this also raises concerns about too many speculative tokens diluting interest. These new tokens currently make up less than 1% of Kaspa’s daily trading volume, which is $51.9 million.
Summary
The outlook on Kaspa is mixed. On the positive side, its innovative blockDAG technology offers fast transactions (about 10 blocks per second). On the downside, Kaspa’s price has dropped 1.79% over the past 90 days. Keep an eye on the KAS/USDT trading activity on WhiteBIT after the listing—if buying stays strong above $0.075, it could challenge the current bearish signals. For now, Kaspa remains a high-risk, high-reward project focused on advancing Proof-of-Work technology.