Kaspa

KAS Price

What is Kaspa (KAS)?

Kaspa was fair-launched in November 2021 with no pre-mine, zero pre-sale, and no coin allocations, and is 100 percent community-managed. Kaspa aims to be the world's global sequencer for traditional finance and decentralized crypto markets by utilizing proof-of-work and its BlockDAG consensus protocol, GHOSTDAG.

Being the world's fastest proof-of-work network, Kaspa combines five properties: (1) hard money principles, (2) Bitcoin's ethos of security-first fundamentals (boasting a security threshold of fifty percent with significant market hashrate), (3) decentralization from rapid block rate mining, (4) block speeds faster than any PoW or PoS network, and (5) smart contract development through based-rollups without fragmented liquidity. Ushering in all five properties, Kaspa is on track to fulfill Satoshi Nakamoto's vision of a digital medium of exchange while also advancing global layer-one sequencing and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks).

The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

Where can you buy Kaspa?

KAS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Kaspa is MEXC, where the most active trading pair KAS/USDT has a trading volume of $2,050,604.31 in the last 24 hours. Other popular options include Gate and Kraken.

What is the daily trading volume of Kaspa (KAS)?

The trading volume of Kaspa (KAS) is $18,817,247.59 in the last 24 hours, representing a 23.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Kaspa (KAS)?

Kaspa (KAS) reached an all-time high of $0.2074 and an all-time low of $0.0001710. It’s now trading -79.80% below that peak and 24,341.50% above its lowest price.

What is the market cap of Kaspa (KAS)?

Market capitalization of Kaspa (KAS) is $1,158,860,970 and is ranked #74 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KAS tokens (28 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Kaspa (KAS)?

The fully diluted valuation (FDV) of Kaspa (KAS) is $1,158,922,941. This is a statistical representation of the maximum market cap, assuming the maximum number of 29 Billion KAS tokens are in circulation today. Depending on how the emission schedule of KAS tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Kaspa compare against its peers?

With a price increase of 16.50% in the last 7 days, Kaspa (KAS) is outperforming the global cryptocurrency market which is up 9.60%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.90%.