Over 30% of Kaspa’s supply has remained unmoved for over a year—a sign of strong holder confidence and a maturing investor base. With such a significant portion of tokens locked away, sell pressure is reduced, creating conditions that could lead to a supply squeeze if demand increases.

What Does This Mean?
When a large part of the supply is held long-term, it leaves fewer tokens available for trading. Should demand for Kaspa rise—through increased adoption, new developments, or market excitement—this scarcity could trigger upward volatility in the price.
Historical Perspective
Similar trends have been observed with Bitcoin, where long-term accumulation by holders has often preceded major price moves. This historical parallel suggests that if Kaspa continues on its current trajectory, a similar pattern might emerge, setting the stage for a notable price rally.
Looking Ahead
Kaspa’s growing adoption, combined with long-term accumulation, points to a market scenario where even a modest increase in demand could lead to a significant price movement. The question remains: is Kaspa quietly laying the groundwork for its next major move? Only time will tell, but the current indicators certainly make it a development worth watching.