Kaspa has entered a new phase of growth and adoption following the launch of its long-awaited smart contracts functionality. The upgrade has already set off a series of record-breaking milestones across the network, highlighting both technical capacity and strong community momentum.
Record Network Activity
Shortly after the rollout, the network reached a record high of 5,584 transactions per second (TPS) — underscoring Kaspa’s unique architecture and scalability. At the same time, active addresses climbed to nearly 500,000, showing the growing base of users engaging with the ecosystem.
First Wave of Dapps Goes Live
The launch also saw the arrival of the first four decentralized applications (dapps) on Kaspa’s Layer-2. Among them, Zealous Swap, a decentralized exchange (DEX), quickly emerged as the leader with $2.5 million in total value locked (TVL) — an impressive figure for a brand-new deployment. This early traction signals that developers and liquidity providers are eager to experiment and build on Kaspa’s fast and low-fee environment.
Whales Keep Accumulating
On the investor side, whale accumulation continues. Wallet #2 — widely speculated to belong to Binance or another institutional entity — added another 46 million Kaspa, bringing its total holdings to 945 million KAS. This steady build-up from top holders reflects confidence in Kaspa’s long-term trajectory.
Spotlight on Developers
The excitement also reached social platforms, where Kaspa’s top developers Yonatan Sompolinsky and Michael Sutton were trending in community discussions. Their work on Kaspa’s architecture and execution of this milestone upgrade has cemented their status as key figures in pushing forward one of the fastest-growing projects in the space.
Looking Ahead
With smart contracts now live, new dapps gaining traction, whale wallets signaling conviction, and developers in the spotlight, Kaspa is entering what could be its most dynamic growth phase yet. The combination of high throughput, active adoption, and institutional interest paints a picture of a network that’s moving rapidly from narrative to execution.
