The Kaspa (KAS) community remains highly bullish, with a sentiment score of 89 according to CoinMarketCap. Despite this strong confidence, the price of KAS has remained stagnant around $0.10, raising questions about whether the market will eventually catch up to the optimism or if sentiment alone isn’t enough to drive price action. A Historical Pattern: Sentiment Leading Price Historically, Kaspa’s […]
A significant Kaspa wallet—holding 525,182,344 KAS (valued at approximately $56.6 million) and representing about 2.043% of the total supply—has been actively accumulating tokens since March 2024. This places the wallet among the top five by holdings. A deeper dive Implications A notable accumulation by a large wallet could reduce circulating supply and, if demand rises,
Whale Accumulation: A Potential Move Toward Spot Trading? Read More »
Recently, a noticeable price gap has emerged between Kaspa ($KAS) and its wrapped version, Wrapped Kaspa ($wKAS). Although Chainge Finance maintains that the intended peg remains at 1:1, the current disparity is primarily due to a paused bridge that has limited arbitrage opportunities. Key Factors Behind the Depeg What This Means for wKAS Holders Until
wKAS Depeg Analysis: What’s Causing the Price Disparity? Read More »
Kaspa’s daily Relative Strength Index (RSI) has recently dropped to 25—a level that signals the asset is deeply oversold. Notably, this was the same level observed in May 2023, right before the price surged by 1,200% over the next six months. If history is any indication, a similar rebound could potentially drive Kaspa’s price up
Is Kaspa Gearing Up for a Major Reversal? Read More »
Kaspa is officially moving forward with smart contract development, as outlined in its official roadmap. This marks a significant step toward expanding the network’s capabilities beyond fast transactions, bringing more functionality similar to what Ethereum and other smart contract platforms offer. What Are Smart Contracts? For those unfamiliar, smart contracts are self-executing agreements written in code. Think of them as automated programs that
Kaspa Smart Contracts Now in Development: What Will It Mean for Users Read More »
