Why did the price of KAS fall?
Kaspa (KAS) dropped 4.57% in the last 24 hours, underperforming the overall crypto market, which fell by 1.65%. This decline was driven by news of Kaspa being removed from an exchange, negative technical signals, and a general cautious mood among investors in altcoins.
- ProBit exchange announced it will delist Kaspa, causing selling pressure.
- Technical charts show signs of downward momentum.
- Investors are avoiding riskier altcoins, adding to the downward trend.
In-Depth Analysis
1. ProBit Delisting Announcement (Negative Impact)
ProBit Global, a cryptocurrency exchange, said it will stop supporting Kaspa (KAS) and related tokens by October 10, 2025. They cited concerns about following regulations and protecting users. Although deposits and withdrawals will still be allowed until November, many traders likely sold their KAS tokens early to avoid losing access.
Why this matters: When a coin is removed from an exchange, it becomes harder to buy or sell, which can cause panic selling and reduce liquidity. ProBit’s decision is part of a larger trend where smaller or less-known tokens face increased scrutiny and delisting, similar to what happened with coins like ORDI and AINN.
2. Technical Breakdown (Negative Impact)
Kaspa’s price fell below important support levels:
- The 7-day Simple Moving Average (SMA) at $0.0661 (current price is $0.0611)
- The 23.6% Fibonacci retracement level at $0.0719
What this means: These breaks suggest that the downward trend is strong. The Relative Strength Index (RSI), which measures if a coin is overbought or oversold, is around 38–40, indicating it’s close to being oversold but hasn’t shown signs of bouncing back yet. The MACD histogram is negative (-0.0015), and trading volume has dropped by 8.76% in the last day, both pointing to weak buying interest.
3. Altcoin Weakness Amid Broader Market Concerns (Mixed Impact)
The overall crypto market fell by 1.65% as investors prepared for important U.S. inflation data (PCE) and large outflows from Bitcoin and Ethereum ETFs totaling $509 million. Kaspa’s derivatives open interest (a measure of active contracts) also dropped by 6.24% (source: Coindesk).
Why this matters: Altcoins like Kaspa tend to be hit harder during times when investors avoid risk because they usually have less liquidity. The Altcoin Season Index, which tracks how well altcoins perform compared to Bitcoin, dropped by 34.55% over the week, showing money is moving away from smaller cryptocurrencies.
Conclusion
Kaspa’s recent price drop is due to a combination of specific risks related to its delisting from ProBit and broader market challenges. Technical indicators and market sentiment suggest investors should be cautious. However, since the coin is nearing oversold levels, there could be increased price swings soon.
Key point to watch: Will Kaspa hold above the important $0.06 level, or will selling pressure from miners (especially after the upcoming Crescendo upgrade) push the price even lower?
What could affect the price of KAS?
Kaspa’s price is caught between its shrinking supply and a shaky market environment.
- Supply Tightening – By 2026, 95% of Kaspa (KAS) will be mined, which could reduce selling pressure but might push miners away (mixed impact).
- Smart Contract Potential – The launch of Kasplex L2 in August 2025 could increase Kaspa’s usefulness if developers and users jump on board (positive outlook).
- Exchange Challenges – ProBit will stop listing KAS in October 2025, while WhiteBIT and SwissBorg continue to support it, creating short-term uncertainty (negative outlook).
In-Depth Look
1. Supply Limits vs. Miner Motivation (Mixed Impact)
Kaspa has a fast-paced supply schedule, with most of its 28.7 billion coins mined by July 2026. The rewards miners get for validating transactions get smaller every month, cutting down the new supply entering the market. This could help prices by reducing selling pressure.
However, miners earn less over time—currently about 0.0619 KAS per block—and if mining becomes unprofitable, some might stop supporting the network. That could weaken Kaspa’s security. Similar situations with Bitcoin halvings show that prices can be volatile at first but may stabilize if demand stays strong.
2. Smart Contracts and Growing Use Cases (Positive Outlook)
Kaspa plans to launch Kasplex L2, a platform for smart contracts, on August 31, 2025. This will allow developers to build decentralized finance (DeFi) apps and NFTs on Kaspa. Early signs like new meme tokens (GHOAD, BURT) and partnerships with exchanges like SwissBorg and WhiteBIT show growing interest.
If smart contracts take off, Kaspa could evolve from just a fast transaction coin to a full-fledged programmable platform, similar to what Ethereum experienced in 2017. But this depends heavily on developers adopting the platform—right now, only about 3% of Kaspa’s mining power supports these apps (Kasrate).
3. Exchange Changes and Market Pressure (Negative Outlook)
ProBit will delist Kaspa on October 10, 2025, after the coin’s price dropped 17% in a month, reducing trading options and liquidity. At the same time, Bitcoin dominates the market with 58.5% share, and investors are cautious (Fear/Greed index at 42), which puts pressure on smaller coins like Kaspa. Kaspa’s daily trading volume ($88.8 million) is much lower than competitors like Solana ($2.27 billion).
This limited exchange access could lead to more selling, especially if Bitcoin’s price rises. However, Kaspa’s Relative Strength Index (RSI) is at 38.67, indicating it might be oversold and could bounce back if market conditions improve.
Conclusion
Kaspa’s shrinking supply and upcoming technology upgrades set it up for potential long-term growth. But challenges remain: miners might leave if rewards drop too much, and the success of Kasplex depends on developer interest. Keep an eye on Kaspa’s mining activity after 2026 and how well Kasplex is adopted. The big question is whether miners will stick around through the supply squeeze or if falling rewards will create security risks.
What are people saying about KAS?
Kaspa’s community is divided between excitement about its growing ecosystem and frustration over its price challenges. Here’s what’s trending right now:
- New exchange listings are driving positive momentum 🚀
- Delays in smart contract rollout are causing concern ⚖️
- A surge in KRC-20 tokens is fueling memecoin hype 🐸
In-Depth Look
1. @WhiteBIT_ua: Kaspa Listing & Trading Tournament – Positive Outlook
"Раді вітати #Kaspa! Ми також плануємо Трейдинговий турнір з $KAS за підтримки @Kaspa_KEF."
– @WhiteBIT_ua (412K followers · 1.2M impressions · 2025-09-11 12:01 UTC)
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What this means: The Ukrainian exchange WhiteBIT has listed Kaspa’s KAS/USDT trading pair and plans to host a trading competition with $KAS prizes. This could increase trading activity and attract more retail investors. However, some recent removals of Kaspa from other platforms like ProBit Global temper this optimism.
2. @0xBoogieX: Smart Contract Delays – Negative Impact
"Kaspa Shatters Records! 158.4M transactions in 24 hrs… DeFi future incoming? $KAS"
– @0xBoogieX (28K followers · 187K impressions · 2025-10-06 07:13 UTC)
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What this means: Kaspa’s Layer 2 smart contract platform, Casplex, launched in August and initially boosted the price by 40%. However, slower-than-expected adoption of decentralized apps (dApps) has left investors uncertain about Kaspa’s readiness for decentralized finance (DeFi). Since then, the token’s price has dropped about 27% over the past month.
3. @GhoadCoin: KRC-20 Memecoin Boom – Mixed Reactions
"GHOAD thrives where speed matters — leaping across the fastest chain, Kaspa ⚡️ The OG toad on $KAS."
– @GhoadCoin (9K followers · 64K impressions · 2025-09-01 00:58 UTC)
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What this means: In September, over 15 new KRC-20 tokens launched on Kaspa’s KSPR platform, including popular memecoins like $CARTEL and $KODEX. This surge resembles the memecoin craze seen on Ethereum in 2021. While this activity increases network use, some critics worry it distracts from Kaspa’s core technology and long-term goals.
Conclusion
The overall view on Kaspa is mixed. Its strong Layer-1 technology, capable of handling over 1,800 transactions per second (TPS), and its fair launch approach attract supporters. However, the slow rollout of major dApps and a 54% drop in price over the past year test investor patience. Keep an eye on the KAS/USDT trading pair around the $0.065 support level — if it falls below this, it could signal further price declines. Holding above this level might help revive hopes that Kaspa could become the “next Ethereum.”
What is the latest news about KAS?
Kaspa is adapting to changes in exchanges and making technical improvements as its ecosystem grows. Here are the key updates:
- Delisting on ProBit Global (October 2, 2025) – Kaspa will be removed, which could affect liquidity.
- WhiteBIT Trading Tournament (September 11, 2025) – $KAS gets a boost in trading activity and visibility.
- Smart Contracts Launch via Kasplex L2 (August 31, 2025) – A technical upgrade that expands Kaspa’s potential.
In-Depth Look
1. Delisting on ProBit Global (October 2, 2025)
What happened:
ProBit Global announced it will delist Kaspa (KAS) along with some other tokens. Deposits stopped on October 2, trading will end on October 10, and withdrawals will close by November 10. The exchange said this decision was made after reviewing user safety but didn’t specify any particular risks related to Kaspa.
What this means for you:
This is a short-term negative for Kaspa because fewer places to trade can reduce liquidity and cause price swings. However, Kaspa is still available on major exchanges like KuCoin and Bybit, which helps lessen the impact. (ProBit Global)
2. WhiteBIT Trading Tournament (September 11, 2025)
What happened:
WhiteBIT, a Ukrainian crypto exchange, held a trading competition for $KAS with a prize pool of $45,000. The goal was to increase trading volume and bring more attention to Kaspa, especially in Eastern Europe.
What this means for you:
This is positive news for Kaspa. More trading activity can help stabilize the price and attract new users. Events like this also build trust and credibility for Kaspa in the market. (WhiteBIT)
3. Smart Contracts Launch via Kasplex L2 (August 31, 2025)
What happened:
Kaspa launched smart contract capabilities on its Kasplex Layer 2 network. This allows developers to build decentralized apps (dApps) and financial tools on Kaspa’s platform. Before the launch, Kaspa’s price rose by 40% in late July 2025 as excitement grew.
What this means for you:
This is a neutral to positive development for the long term. While it will take time for new apps to gain traction, this upgrade puts Kaspa in competition with other platforms like Ethereum and Solana that offer scalable and low-cost transactions. The success depends on how many developers start building on Kaspa. (Crypto.News)
Conclusion
Kaspa is facing mixed signals: the delisting from ProBit Global challenges its liquidity, but partnerships and technical improvements are setting the stage for future growth. The big question is whether new decentralized apps can help Kaspa overcome short-term hurdles as the overall crypto market remains cautious.
What is expected in the development of KAS?
Kaspa’s development is moving forward with these key milestones:
- Smart Contract Expansion (Q4 2025) – Improving Casplex Layer 2 to support more decentralized finance (DeFi) applications.
- 100 Blocks Per Second Upgrade (2026) – Boosting transaction speed through Rust programming improvements.
- Miner Infrastructure Upgrades (Ongoing) – Enhancing mining efficiency as coin rewards decrease.
In-Depth Look
1. Smart Contract Expansion (Q4 2025)
Overview:
Kaspa launched smart contracts on its Casplex Layer 2 mainnet in August 2025, allowing basic decentralized apps to run (CMC Community). The next step is to add more DeFi features like cross-chain bridges and liquidity tools to attract developers.
What this means:
This is positive for $KAS because more smart contract options can help grow the Kaspa ecosystem and increase demand for KAS tokens used to pay transaction fees. However, Kaspa faces competition from established Layer 2 platforms like Arbitrum.
2. 100 Blocks Per Second Upgrade (2026)
Overview:
After rewriting Kaspa’s code in Rust (“Rusty Kaspa”), the network currently processes 10 blocks per second thanks to the Crescendo upgrade. The goal is to reach 100 blocks per second by 2026 by processing blocks in parallel (Medium).
What this means:
This is cautiously optimistic—faster processing could make Kaspa a strong payment platform, but hitting 100 blocks per second requires flawless technical execution. Also, running nodes at this speed may require more powerful hardware.
3. Miner Infrastructure Upgrades (Ongoing)
Overview:
As Kaspa’s coin rewards decrease by about 5% each month, mining pools like Kasrate are working to improve hardware efficiency and reward systems to keep mining profitable. A recent dashboard update now offers better real-time monitoring of mining equipment (CMC Community).
What this means:
This is neutral—keeping miners engaged is essential for network security, but ongoing price pressures could limit the benefits of improved efficiency.
Conclusion
Kaspa’s roadmap aims to balance faster transaction speeds (100 blocks per second) with a richer ecosystem (DeFi on Casplex Layer 2). However, challenges remain. With mining rewards shrinking and smart contracts still in early stages, it’s uncertain if Kaspa’s proof-of-work approach will attract enough developers to compete with Ethereum’s Layer 2 solutions.
What updates are there in the KAS code base?
Kaspa’s latest updates focus on making the network faster, more scalable, and ready for smart contracts.
- Rust Optimization (October 2025) – Improved the system to handle over 1,800 transactions per second (TPS) using Rust programming and BlockDAG technology.
- Crescendo Upgrade (May 2025) – Increased block creation speed to 10 blocks per second.
- Smart Contracts with Casplex L2 (August 2025) – Launched smart contracts to support decentralized apps (dApps) and decentralized finance (DeFi).
Deep Dive
1. Rust Optimization & BlockDAG (October 2025)
Overview: Kaspa rewrote its code using Rust, a fast and efficient programming language, and improved its BlockDAG system, which allows multiple blocks to be processed at the same time. This upgrade pushed Kaspa’s transaction speed to over 1,800 TPS on average over a full day.
What this means: This is a big positive for Kaspa because it shows the network can handle a high volume of transactions quickly, making it suitable for everyday payments. Users can expect almost instant transaction confirmations, putting Kaspa on par with traditional payment methods. (Source)
2. Crescendo Upgrade (May 2025)
Overview: The Crescendo update increased the number of blocks Kaspa produces from 1 per second to 10 per second. This reduces the time it takes for transactions to be confirmed and increases the network’s overall capacity.
What this means: This upgrade is generally positive because it solves previous speed limits without requiring users to change anything. However, the full benefits depend on the growth of Layer 2 solutions that build on Kaspa’s base layer. (Source)
3. Casplex Layer 2 Smart Contracts (August 2025)
Overview: Kaspa introduced smart contract functionality through the Casplex Layer 2 network. This allows developers to create decentralized applications and DeFi services on Kaspa.
What this means: This is a strong positive for Kaspa because it expands what the network can do beyond simple payments. Developers can now build more complex programs, which could attract more users and investment. (Source)
Conclusion
Kaspa’s recent updates show a clear path toward faster transactions and a broader ecosystem. With Rust optimizations, the Crescendo upgrade, and smart contract support, Kaspa is shaping up as a fast and versatile Layer 1 blockchain. The key question now is whether developers and users will embrace these improvements and help grow the network’s applications.