Kaspa (KAS) has recorded a price increase of over 10% this week, with a daily gain of more than 5% at the time of writing.
The move comes after several weeks of losses, which left the token down more than 25% over the past month. On a yearly scale, Kaspa is trading over 50% lower than it was 12 months ago. The current price is more than 60% below its all-time high, which was set on August 1, 2024.
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What Is Kaspa?
Kaspa is a proof-of-work cryptocurrency designed for high speed and scalability. It runs on a special version of blockchain called a BlockDAG, which lets the network confirm multiple blocks at once instead of just one at a time. This structure helps Kaspa process transactions faster while keeping the system decentralized.
At the moment, it handles about 10 blocks per second, and developers aim to scale it even higher in the future. The project is open-source and community-driven, with no central company or governing body.
Supporters of the project often point to the network’s ability to handle high volumes of transactions, its efficient consensus model, and the open-source development that underpins it. While Kaspa is still in the early stages of adoption, its design has gained attention from some developers and infrastructure providers.
BlockDAG Presale Mentions
One possible reason for the increased visibility is the recent rise in coverage of an unrelated presale project called BlockDAG. While BlockDAG has no connection to Kaspa, it promotes itself using similar technical terminology and often appears in articles that mention Kaspa’s architecture. This may have caused some extra visibility for Kaspa among retail investors, though there is no formal link between the two.
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Upcoming Event in Berlin
Kaspa has announced an official event, “The Kaspa Experience“, which is scheduled to take place on September 13, 2025, in Berlin. The event is expected to focus on the presentation of real-world Kaspa utility. It will also include presentations from core team members and ecosystem contributors.
Price Context
Despite the recent recovery, Kaspa remains significantly below its 2024 peak. Like many digital assets, it experienced strong gains last year but has since given up most of those advances. While the current trend is upward on the weekly chart, the longer-term trajectory has remained downward for several months.
Whether the latest increase marks the beginning of a larger shift or is simply a short-term reaction remains to be seen. Market participants may look to September’s event and ongoing network metrics for additional signals in the months ahead.
