Why did the price of KAS fall?
Kaspa (KAS) dropped 3.21% in the last 24 hours, underperforming the overall crypto market, which fell by 0.43%. The main reasons include:
- ProBit Global delisting – Removing Kaspa from this exchange reduces trading options and liquidity.
- Altcoin market weakness – Bitcoin’s dominance is high at 58.77%, and investors are pulling money out of riskier assets like altcoins.
- Technical breakdown – Kaspa’s price indicators show it’s oversold but still falling below important moving averages.
In-Depth Analysis
1. Impact of ProBit Global Delisting (Negative)
What happened:
On October 2, ProBit Global announced it will stop listing Kaspa tokens by November 10, citing concerns about user safety (source). Since then, Kaspa’s trading volume on ProBit dropped by 56.65%, meaning fewer people can buy or sell Kaspa there.
Why it matters:
When an exchange removes a coin, traders often rush to sell before liquidity dries up, causing price drops. ProBit accounted for about $63 million in Kaspa trading volume this year before the announcement, so this delisting adds selling pressure.
What to watch:
Keep an eye on whether other exchanges will also delist Kaspa. As of October 18, Kaspa is still available on KuCoin, Bybit, and MEXC.
2. Altcoin Market Weakness (Mixed Effects)
Current situation:
The crypto Fear & Greed Index, which measures market sentiment, hit 25 on October 18, indicating “Extreme Fear.” This week saw $253 million withdrawn from crypto ETFs and $1.2 billion in derivatives liquidations (Coindesk).
What this means for Kaspa:
Kaspa is more volatile than Bitcoin, with a 40% price drop compared to Bitcoin’s 10% over the past 30 days. This makes it more vulnerable when investors reduce risk exposure. The Altcoin Season Index, which tracks altcoin performance, has fallen 68.83% since August, showing that investors prefer Bitcoin’s relative safety right now.
3. Technical Breakdown (Bearish Signals)
Current technical picture:
Kaspa’s price is 30% below its 30-day simple moving average (SMA) of $0.073. The Relative Strength Index (RSI) is at 24.03, indicating the coin is deeply oversold—the lowest since July. The MACD histogram is negative (-0.0017), showing increasing downward momentum.
What this means:
Even though Kaspa is oversold, the price remains below important support levels based on Fibonacci retracement ($0.0718 to $0.0518). The 200-day exponential moving average (EMA) at $0.0886 now acts as a strong resistance level.
Key level to watch:
If Kaspa closes below $0.048 (its low from March 2025), it could trigger automated selling programs, pushing the price down further.
Summary
Kaspa’s recent price drop reflects a broader market trend of risk aversion, worsened by ProBit Global’s delisting and broken technical support levels. While the oversold condition might lead to a short-term bounce, there are no strong positive developments—like new smart contract features or major partnerships—to support a sustained recovery.
Important to monitor:
Can Kaspa hold the $0.042 to $0.048 support zone established in Q2 2025? If it falls below this range, losses could accelerate toward $0.03.
What could affect the price of KAS?
Kaspa’s price is currently caught between two forces: how many coins are being released and how widely the network is being used.
- Emission Cliff (Bearish) – By July 2026, about 95% of all Kaspa coins (KAS) will have been mined. This could lead miners to sell off their coins as their rewards shrink.
- Smart Contract Potential (Bullish) – The upcoming Kasplex Layer 2 testnet in 2025 may increase demand by enabling new uses for Kaspa.
- Exchange Challenges (Bearish) – ProBit’s planned removal of KAS in October 2025 reduces trading options, highlighting the need for listings on major exchanges.
In-Depth Look
1. Emission Schedule & Miner Pressure (Bearish Impact)
Kaspa’s supply is set to reach about 95% mined by July 2026. Miners currently earn around 0.0506 KAS per block, but their rewards decrease by 5% every month. Historically, this has led to significant price drops—for example, KAS lost 48% of its value over 90 days as of October 2025, coinciding with faster reductions in mining rewards.
What does this mean?
As mining rewards shrink, miners might sell more coins to cover their costs, increasing selling pressure on the market. However, after 2026, if transaction fees replace mining rewards, this could help stabilize the network and support the price.
2. Layer-2 Adoption & Ecosystem Growth (Bullish Impact)
Kaspa launched its Kasplex zkEVM testnet in July 2025, which allows smart contracts compatible with Ethereum. This opens the door for decentralized finance (DeFi) projects and other applications. Social media buzz highlights partnerships like PPKAS, a play-to-earn app, and a transaction speed milestone of over 1,800 transactions per second (KaspaBots).
What does this mean?
If Kasplex gains traction, it could attract developers and users, increasing demand for KAS. Similar to how Ethereum’s smart contracts fueled its growth in 2017, Kaspa could see a price boost if developer activity picks up.
3. Liquidity Risks & Market Sentiment (Bearish Impact)
ProBit’s delisting of KAS in October 2025 removes a mid-level exchange option, making it harder to trade Kaspa. The turnover rate (trading volume relative to market cap) is low at 3.8%, indicating limited liquidity. Additionally, the overall crypto market sentiment is cautious (Fear & Greed Index at 25), and Bitcoin’s dominance at 58.7% limits interest in alternative coins like Kaspa.
What does this mean?
Low liquidity can cause bigger price swings and make the market more sensitive to negative news, such as further delistings. On the other hand, getting listed on a top-tier exchange like Coinbase could improve trading volume and price stability.
Conclusion
Kaspa’s price outlook depends on balancing shrinking miner rewards with growing real-world use. The emission cliff and liquidity challenges create short-term downward pressure, while progress on Layer 2 smart contracts offers potential upside. The key question is: Will Kasplex’s smart contracts generate enough demand to offset miner sell-offs before 2026? Keep an eye on developer updates and exchange activity in the last quarter of 2025.
What are people saying about KAS?
Kaspa's community is showing a mix of cautious optimism and active development. Here’s what’s currently happening:
- Listing on WhiteBIT exchange brings hope for more trading activity
- Supporters promote Kaspa’s fast “Internet-speed Proof of Work” technology
- A surge in KRC20 tokens is driving memecoin excitement
In-Depth Look
1. WhiteBIT Exchange Listing Increases Kaspa’s Visibility 🟢
The Ukrainian exchange WhiteBIT recently added Kaspa (KAS) to its platform and is planning trading tournaments to boost interest. This move could improve liquidity, meaning it might become easier to buy and sell KAS. However, despite this positive step, Kaspa’s price has dropped 43% over the past month, showing that some investors remain cautious.
See original post by @WhiteBIT_ua
2. Promoting Kaspa’s Unique Technology 🟢
Kaspa uses a technology called BlockDAG, which allows it to process about one block per second—much faster than many other blockchains. Supporters highlight this as a major advantage, calling it an “Internet-speed Proof of Work” system inspired by Bitcoin’s creator, Satoshi Nakamoto. While this technical feature is impressive, Kaspa has yet to show strong real-world adoption, and its price has fallen 61% over the past year, which raises questions about its growth potential.
See original post by @bySukie
3. Growth of KRC20 Tokens Sparks Memecoin Buzz 🟡
In September, over 15 new tokens using Kaspa’s KRC20 standard were launched. This shows active development and interest from creators. However, most of these tokens trade for less than $0.01 worth of KAS, which could lead to an oversupply and weaken the overall ecosystem.
See original post by @cryptomes
Conclusion
The general outlook on Kaspa (KAS) is cautiously optimistic. Its innovative BlockDAG technology and fast transaction speed are promising, but the significant price decline and market uncertainty remain challenges. Keep an eye on the trading volume and liquidity of KAS/USDT on WhiteBIT—if daily trading stays above $5 million, it could indicate growing interest from larger investors. On the other hand, if the price falls below $0.045, the downward trend might continue.
What is the latest news about KAS?
Kaspa is adapting to changes in exchanges and technology upgrades as it prepares to introduce smart contracts. Here are the key updates:
- ProBit Removes KAS (October 2, 2025) – ProBit exchange has stopped supporting Kaspa tokens to protect users.
- Uptober Highlight (September 27, 2025) – Despite recent price drops, the community sees KAS as a strong candidate for growth.
- Cross-Mining Partnership (September 25, 2025) – Kaspa teams up with Canxium to improve mining efficiency.
In-Depth Look
1. ProBit Removes KAS (October 2, 2025)
What happened:
ProBit Global announced it will remove Kaspa (KAS) and related tokens by November 10, 2025. Deposits were closed on October 2, and trading stopped on October 10. The exchange cited “user safety” as the reason and advised users to withdraw their tokens.
What this means:
This is a short-term negative for Kaspa because fewer exchanges mean less trading activity and liquidity. However, Kaspa is still available on major exchanges like KuCoin and Gate.io, which helps reduce the overall impact. (ProBit)
2. Uptober Highlight (September 27, 2025)
What happened:
Kaspa was named a top altcoin pick for “Uptober,” a term used to describe a historically strong month for cryptocurrencies. This came even though KAS’s price dropped about 13.3% over the week. Analysts pointed out that KAS was trading near important price levels ($0.077–$0.0793), showing a balance between buyers and sellers.
What this means:
The outlook is cautiously optimistic. The “Uptober” trend and Kaspa’s price stability suggest it could bounce back if the overall crypto market improves. (Crypto.News)
3. Cross-Mining Partnership (September 25, 2025)
What happened:
Kaspa partnered with Canxium (CAU) to allow miners to support both Kaspa and Canxium networks at the same time. This follows Kaspa’s Crescendo upgrade in May 2025, which increased block production speed to 10 blocks per second.
What this means:
This is positive for Kaspa’s network security and miner involvement. The new mining flexibility could help keep the network stable and attract more long-term investment in mining infrastructure. (Crypto.News)
Conclusion
Kaspa is facing mixed signals: the removal from ProBit may reduce liquidity, but technical improvements and community support are strong. The upcoming launch of smart contracts through Kasplex L2, scheduled for August 31, 2025, is a key event to watch. Can Kaspa’s fast and efficient design overcome short-term market challenges?
What is expected in the development of KAS?
Kaspa’s roadmap is focused on improving scalability, growing its ecosystem, and strengthening its decentralized infrastructure.
- DAGKNIGHT Consensus Upgrade (2025) – Finalizing research and development to boost security and speed.
- Rust Codebase Optimization (Q4 2025) – Increasing transaction capacity to 32–100 blocks per second (BPS).
- Smart Contract Ecosystem Expansion (2026) – Building Layer-2 solutions and developer tools.
Deep Dive
1. DAGKNIGHT Consensus Upgrade (2025)
Overview:
Kaspa is moving from its current GHOSTDAG consensus to a new system called DAGKNIGHT. This upgrade is designed to handle network delays better and improve security. It removes fixed settings, allowing for faster transaction confirmations—under one second—and stronger protection against attacks where someone controls over half the network. The research phase is almost done, with the upgrade expected by late 2025.
What this means:
This is positive news for Kaspa (KAS) because DAGKNIGHT could make it the fastest Proof-of-Work (PoW) blockchain at the base layer. However, delays in finalizing the upgrade or challenges in getting the community on board could slow down progress.
2. Rust Codebase Optimization (Q4 2025)
Overview:
Kaspa is rewriting its software from Golang to Rust, a programming language known for speed and efficiency. This change aims to increase the number of blocks processed per second from 10 to between 32 and 100. The update improves how the system handles multiple tasks at once and uses hardware better. Recent tests in October 2025 showed Kaspa handling over 1,800 transactions per second, which is more than Bitcoin’s daily transaction volume.
What this means:
This is somewhat positive. Higher block speeds make Kaspa better suited for small transactions. However, miners might earn less per block due to shorter block times. The success of this upgrade depends on smoothly integrating it into the main network without causing disruptions.
3. Smart Contract Ecosystem Expansion (2026)
Overview:
After launching the Casplex Layer-2 mainnet in August 2025, Kaspa plans to grow its smart contract capabilities. Developers are creating decentralized exchanges like KASPER, NFT platforms, and AI-powered applications on Kaspa’s Layer-2. The goal is to attract projects compatible with the Ethereum Virtual Machine (EVM), making it easier for Ethereum developers to build on Kaspa.
What this means:
This is promising if more users and developers join. Smart contracts could expand Kaspa’s uses beyond just payments. However, Kaspa faces competition from established Layer-2 solutions like Arbitrum, and it needs sufficient funding to support ecosystem growth.
Conclusion
Kaspa’s roadmap focuses on technical improvements (DAGKNIGHT upgrade, Rust rewrite) and expanding its ecosystem through Layer-2 smart contracts. While the project takes a practical, infrastructure-first approach without hype, there are risks in execution. The big question is whether Kaspa’s speed and decentralized design will attract enough developers to compete with Ethereum’s large ecosystem.
What updates are there in the KAS code base?
Kaspa’s latest updates focus on making the network faster and expanding its ecosystem.
- Crescendo Upgrade (May 2025) – Switching to Rust programming language allows Kaspa to process 10 blocks per second, which is 6,000 times faster than Bitcoin.
- Smart Contracts Launch (August 31, 2025) – The Casplex Layer 2 integration brings decentralized finance (DeFi) and decentralized apps (dApps) to Kaspa.
- KRC-20 Token Standard Support – This makes it easier to create meme coins and other digital assets directly on Kaspa’s main network.
Deep Dive
1. Crescendo Upgrade (May 2025)
What happened: Kaspa moved its software from Golang to Rust, increasing block production from 1 block per second to 10 blocks per second. This means transactions finalize in under 10 seconds, while still using Proof-of-Work for security.
The Rust upgrade improved how the network uses computer hardware and reduced delays by 90%, making it practical for everyday uses like small payments.
Why it matters: Faster transaction times make Kaspa more user-friendly for daily transactions, which can attract developers and businesses. This upgrade also positions Kaspa as a faster alternative to Bitcoin for applications where speed is critical.
(Source)
2. Smart Contracts Launch (August 31, 2025)
What happened: Kaspa launched Casplex Layer 2, which supports Ethereum-compatible smart contracts without slowing down the main network.
This allows developers to build decentralized applications such as decentralized exchanges (DEXs) and NFT marketplaces. After the launch, daily transactions jumped from about 100,000 to over 700,000.
Why it matters: In the short term, this is neutral because success depends on how many developers and users join the ecosystem. Over time, it could increase demand for $KAS tokens as people pay fees and participate in staking.
(Source)
3. KRC-20 Token Standard Support
What happened: Kaspa’s KRC-20 token standard is gaining popularity, with meme coins like $GHOAD and utility tokens like $TCHIMP trading on decentralized platforms such as KSPR.
Thanks to Kaspa’s BlockDAG technology, these tokens settle almost instantly, unlike Ethereum’s ERC-20 tokens, which can be slower.
Why it matters: This is positive for Kaspa because it expands use cases beyond just currency. However, relying on meme coins can bring price volatility.
(Source)
Conclusion
Kaspa is evolving from basic upgrades like faster block production to building tools that support a wider range of applications, including smart contracts and token creation. While these technical improvements are impressive, broader success depends on attracting developers beyond just meme coin projects.
Will Kaspa’s focus on infrastructure help it outpace competitors that combine speed with DeFi innovation?