Why did the price of KAS go up?

Kaspa (KAS) increased by 9.74% in the last 24 hours, outperforming the overall crypto market, which rose by just 0.63%. This growth is driven by a mix of positive technical signals, record-breaking network activity, and growing excitement in the community about upcoming developments in the Kaspa ecosystem.

1. Technical Rebound – Indicators show Kaspa was oversold and is now bouncing back.
2. Network Milestone – Kaspa processed a record 158 million transactions in a single day (Oct 5-6, 2025).
3. Smart Contract Buzz – Anticipation is building for the launch of Casplex Layer 2 mainnet (Aug 31, 2025), which enables smart contracts.

Deep Dive

1. Technical Rebound (Positive Signal)

Overview: Before the recent price increase, Kaspa’s Relative Strength Index (RSI) was at 37.2, indicating it was close to being oversold. The MACD indicator also showed signs of less downward pressure. The price moved back above the 7-day simple moving average ($0.0519 to $0.0582), suggesting a short-term recovery after recent losses.
What this means: Traders likely saw the price drop as a good buying opportunity, especially since Kaspa’s price had fallen 44% over the past 90 days. Historically, when the RSI hits oversold levels, it often signals a bounce back in price.

2. Network Activity Surge (Positive Signal)

Overview: Kaspa processed an impressive 158.4 million transactions in 24 hours (Oct 5-6), averaging about 1,800 transactions per second (TPS). This is a new record and highlights Kaspa’s ability to handle a large number of transactions efficiently (@Kaspa_BlockDAG).
What this means: This high transaction volume proves Kaspa’s unique blockDAG technology works well, attracting more developers and users. Increased activity on the network often leads to higher prices because it shows the platform is being used and adopted.

3. Smart Contract Anticipation (Mixed Signal)

Overview: The Casplex Layer 2 mainnet launched on Aug 31, 2025, enabling smart contracts on Kaspa. However, the price hasn’t shown a strong reaction yet.
What this means: Although the initial launch didn’t cause a big price jump, interest is growing again as people watch for new decentralized finance (DeFi) projects like PPKAS’s play-to-earn app. Traders are waiting to see if these apps gain traction after the smart contract integration.

Conclusion

Kaspa’s recent price increase is driven by a combination of technical recovery, proven network performance, and renewed interest in smart contracts. While the short-term outlook is positive, long-term success depends on turning Kaspa’s high transaction capacity into real growth in its ecosystem.

Key point to watch: Can Kaspa maintain its price above the 38.2% Fibonacci retracement level ($0.0559) to confirm a trend reversal? Keep an eye on developer activity and new projects following the smart contract launch for signs of sustained growth.

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What could affect the price of KAS?

Kaspa’s future depends on technology upgrades, how widely it’s adopted, and overall market conditions.

1. Smart Contract Launch (Positive) – Casplex Layer 2 mainnet goes live on August 31, 2025.
2. Exchange Activity (Mixed) – ProBit delisting vs. WhiteBIT’s growing support.
3. Market Mood (Negative) – Fear index at 34, Bitcoin controls 59% of the market.

In-Depth Look

1. Smart Contract Launch with Casplex L2 (Positive Outlook)

What’s happening:
On August 31, 2025, Kaspa will activate smart contracts through its Casplex Layer 2 network. This upgrade allows Kaspa to support decentralized finance (DeFi), digital collectibles (NFTs), and decentralized apps (dApps), making it more than just a payment system. Similar upgrades on other blockchains, like Ethereum’s rollups, have increased network activity by 300–500% after launch.

Why it matters:
Smart contracts can attract developers and investors, increasing demand for $KAS since it will be needed for transaction fees and staking. If Kaspa follows a growth pattern like Ethereum’s between 2017 and 2019, the price of $KAS could potentially double or even quadruple by early 2026.

2. Exchange Listings and Delistings (Mixed Impact)

What’s happening:
ProBit Global will remove $KASPA from its platform on October 10, 2025, which means over 450,000 users will lose easy access. On the other hand, WhiteBIT recently held a $45,000 trading competition for Kaspa in July 2025, which helped push the price up by 14.6%. Listings on major exchanges like Binance and Coinbase are still uncertain but would be very important for liquidity and price stability.

Why it matters:
ProBit’s delisting might cause some short-term selling pressure. However, if $KAS gets listed on a major exchange like Binance, it could more than make up for that loss. For example, Chainlink’s listing on Binance in 2020 led to a 120% price increase within two weeks.

3. Market Sentiment and Bitcoin’s Influence (Negative Outlook)

What’s happening:
The crypto Fear & Greed Index is at 34, indicating fear among investors. Bitcoin holds 59% of the total crypto market, which limits how much money flows into smaller coins like Kaspa. Kaspa’s price tends to move closely with Bitcoin, showing a 0.82 correlation over the past 30 days. Upcoming U.S. inflation data (core PCE on September 26) could cause market swings if inflation is higher than expected.

Why it matters:
In times of market uncertainty, Kaspa’s recent 45% drop over 90 days could worsen. If Bitcoin falls below $100,000, $KAS might drop toward its 2025 low of around $0.038. Watching Bitcoin’s 50-week moving average (currently about $93,000) can help gauge overall market health.

Conclusion

Kaspa’s outlook for 2025 depends on how well its Layer 2 smart contract upgrade performs against broader market challenges. The Casplex launch is key—if successful, $KAS could start moving independently of Bitcoin’s ups and downs. However, ongoing dominance by Bitcoin and potential regulatory issues, like proposed tariffs, could hold it back. The big questions are: Will Casplex’s adoption grow fast enough to overcome market fears? Keep an eye on the August 31 launch and the September inflation data for important signals.

What are people saying about KAS?

Kaspa’s community is excited about its fast transaction speeds but remains cautious about price movements. Here’s what’s trending:

1. Kaspa now listed on WhiteBIT, boosting its presence
2. Network hits a record 1,800+ transactions per second (TPS), sparking optimism for decentralized finance (DeFi)
3. Technical analysts watch closely as price struggles near $0.20 resistance level

Deep Dive

1. @WhiteBIT_ua: Exchange listing increases Kaspa’s visibility 🚀 bullish

"Welcoming #Kaspa! $KAS now trading on WhiteBIT with USDT pair"
– @WhiteBIT_ua (312K followers · 198K impressions · September 10, 2025)
View original post
What this means: Kaspa’s listing on the Ukrainian exchange WhiteBIT makes it easier for investors in Eastern Europe to buy and sell $KAS. This could lead to more trading activity and interest from everyday users.

2. @0xBoogieX: Network throughput milestone ⚡ bullish

"Kaspa processed 158.4 million transactions in 24 hours – over 1,800 TPS!"
– @0xBoogieX (89K followers · 287K impressions · October 6, 2025)
View original post
What this means: Kaspa’s unique BlockDAG technology allows it to handle more transactions per second than Bitcoin’s daily volume. This shows Kaspa’s potential as a fast and scalable payment system, though wider adoption is still needed to prove its value beyond numbers.

3. Cryptodaily: Price struggles below key resistance 🐻 bearish

"Kaspa faces selling pressure at $0.115–$0.127 zone after 72% monthly rally"
– Cryptodaily (Published May 31, 2025)
View analysis
What this means: Kaspa’s price has repeatedly hit a ceiling between $0.115 and $0.127 since early 2025. The Relative Strength Index (RSI) at 32.86 indicates the coin might be oversold, which could attract buyers looking for a bargain.

Conclusion

The outlook on Kaspa is mixed. There’s excitement about its technical strengths like high transaction speeds and the WhiteBIT listing, but uncertainty remains about whether the price can break through key resistance levels. Keep an eye on the upcoming August 31 Casplex L2 smart contract launch—if successful, it could boost developer interest and open the door for more DeFi projects on Kaspa.

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What is the latest news about KAS?

Kaspa is navigating changes in exchanges and hitting important technical milestones, all while aiming for wider use. Here’s the latest:

1. ProBit Delisting (October 2, 2025) – Kaspa (KAS) and related tokens will no longer be available for trading or withdrawal on ProBit.
2. WhiteBIT Listing (September 10–11, 2025) – Kaspa is now available on WhiteBIT, opening up more trading options.
3. Record Transaction Speed (October 6, 2025) – Kaspa processed over 1,800 transactions per second, beating Bitcoin’s daily transaction volume.

In Detail

1. ProBit Delists Kaspa Tokens (October 2, 2025)

What happened:
ProBit Global announced it will gradually remove Kaspa (KASPA) and BRC-20 tokens from its platform due to concerns about user safety. Deposits stopped on October 2, trading ends on October 10, and withdrawals close on November 10. Users must withdraw their tokens before the deadline or risk losing them.

Why it matters:
This move lowers Kaspa’s availability on ProBit, a mid-level exchange, possibly due to regulatory pressure or low trading volume. However, Kaspa is still listed on bigger exchanges like KuCoin and Bybit, which helps maintain access for users. (ProBit)

2. Kaspa Listed on WhiteBIT Exchange (September 10–11, 2025)

What happened:
Kaspa (KAS) was added to the Ukrainian exchange WhiteBIT with a new trading pair against USDT (a stablecoin). To encourage trading, WhiteBIT launched a $45,000 tournament. This follows Kaspa’s recent integration into the SwissBorg app in August.

Why it matters:
Listing on WhiteBIT, a regulated exchange popular in Europe, improves Kaspa’s accessibility and credibility. More trading options and visibility could attract both everyday investors and larger institutions. Still, wider adoption depends on overall market interest. (WhiteBIT)

3. Kaspa Hits New Transaction Speed Record (October 6, 2025)

What happened:
Kaspa processed 158.4 million transactions in 24 hours, averaging over 1,800 transactions per second (TPS). This was made possible by Kaspa’s unique BlockDAG technology and a recent upgrade written in the Rust programming language, which boosts scalability for future decentralized finance (DeFi) projects.

Why it matters:
This achievement confirms Kaspa as the fastest proof-of-work blockchain, making it a strong candidate for real-world payment systems. High transaction speeds could attract developers to build on Kaspa, but growth depends on expanding the overall ecosystem. (Source)

Conclusion

Kaspa is facing mixed challenges and opportunities. Exchange delistings test its resilience, but technical advances and new exchange listings support growth. Its speed and decentralized design remain key strengths. The big question is whether these improvements will lead to more developers building on Kaspa and more users adopting it in everyday life.

What is expected in the development of KAS?

Kaspa is making steady progress with these key developments:

1. Smart Contract Launch (August 31, 2025) – Through Kasplex Layer 2, Kaspa now supports smart contracts, opening doors for decentralized finance (DeFi) applications.
2. Growth of KRC-20 Tokens (Q4 2025) – New tokens like BURT are being created on Kaspa’s scalable platform.
3. Faster Network Speeds (2026) – Kaspa aims to increase its transaction speed to 100 blocks per second, up from the recent 10 blocks per second upgrade.
4. Enterprise Use Cases (Ongoing) – Kaspa is focusing on practical business solutions like micropayments, digital identity, and industrial transactions.

In-Depth Look

1. Smart Contract Launch (August 31, 2025)

What happened:
Kaspa activated smart contracts on August 31, 2025, using its Kasplex Layer 2 network. This upgrade allows developers to build decentralized apps (dApps) such as exchanges and lending platforms (Kasplex L2).

Why it matters:
Smart contracts add programmable features to Kaspa, which could increase demand for $KAS tokens as they are used to settle transactions. The success depends on how many developers choose to build on Kaspa compared to other blockchain platforms.

2. Growth of KRC-20 Tokens (Q4 2025)

What happened:
Kaspa’s token standard, KRC-20, is gaining traction with projects like BURT, a meme coin launched on October 13, 2025. The platform now supports various applications including NFTs, gaming, and decentralized marketplaces (BURT on HTX).

Why it matters:
This development diversifies how Kaspa is used, which is generally positive. However, if too many speculative tokens flood the market, it could dilute the ecosystem’s value. Balancing fun projects with serious infrastructure is key.

3. Faster Network Speeds (2026)

What happened:
Kaspa reached 10 blocks per second in May 2025 and plans to scale up to 100 blocks per second by 2026. Recent tests showed over 1,800 transactions per second thanks to software improvements (Kaspa Shatters Records).

Why it matters:
Higher speeds make Kaspa more attractive for fast payments and real-time applications. The challenge is to keep the network decentralized while increasing speed.

4. Enterprise Use Cases (Ongoing)

What happened:
Kaspa is working with businesses in energy, logistics, and smart cities to enable instant settlements. Partnerships like the Seattle Orcas NFT project showcase Kaspa’s growing infrastructure (Kaspa Experience Conference).

Why it matters:
Enterprise adoption can drive long-term growth, but it requires clear regulations and proven reliability beyond the crypto community.

Conclusion

Kaspa’s roadmap combines technical upgrades like smart contracts and faster speeds with ecosystem expansion through new tokens and business partnerships. While progress like Kasplex Layer 2 is promising, Kaspa’s future success depends on maintaining its speed advantage and attracting developers. The question remains: can Kaspa’s unique BlockDAG technology lead the way in real-world blockchain applications?

What updates are there in the KAS code base?

I wasn’t able to find useful information to answer this question right now. The CoinMarketCap team is continuously updating my crypto knowledge, so if any important details become available, I should have them soon. In the meantime, please feel free to choose another question or coin for analysis.