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KASPA Price

(KAS)

A$0.04281
0.00%(5m)

1m5m15m1h8h1d1W
KASPA (KAS) Live Price Chart

    KASPA Live Price Data

    KASPA is currently trading at A$ 0.04281, with a 24-hour trading volume of A$ 351,060. Over the past hour, the price of KASPA changed by -1.96%, and over the past week, its value in AUD dropped by -11.37%. The circulating supply of KASPA is 27.80B KAS, with a market cap of 818.97M AUD, down -1.96% in the last 24 hours. KASPA is ranked #65 by market cap.

    How do you feel about KASPA today?

    Note: This data is for reference only.
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    KASPA(KAS) Profile

    altRank65
    rateB
    Expand
    A$0.0424
    A$0.04368
    ATH
    A$0.3016
    Price Change (1h)
    -0.13%
    Price Change (24h)
    -1.96%
    Price Change (7d)
    -11.37%
    Market Cap
    24h Volume
    Circulating Supply
    27.8B
    Max Supply
    28.7B

    About KASPA

    • What Is KASPA (KAS) Crypto?

      KASPA (KAS) crypto is a trailblazing decentralized, Layer-1 blockchain technology renowned for its exceptional scalability and speed. As the fastest and most scalable Layer-1 solution, KASPA is engineered for Distributed Ledger Technology (DLT) and seeks to resolve the scalability challenges that Bitcoin and similar blockchain networks face.

      At its core, KASPA employs a novel Directed Acyclic Graph (DAG) architecture, significantly enhancing transaction processing speed and overall scalability. The KASPA project, community-driven and open-source, is dedicated to creating a decentralized, secure, and scalable blockchain network suitable for a diverse range of applications.

      KASPA aims to build a system that transcends Bitcoin’s protocol while adhering to its foundational principles. Its vision is akin to the historical role of silver, striving for wide circulation and acceptance for payments. The tokenomics of KASPA feature a maximum supply of 28.7 billion coins, with a unique emission schedule promoting mining decentralization​.

      KAS, the native cryptocurrency of the KASPA network, serves multiple purposes, including payments for services, transaction fees, and mining. It stands out as one of the fastest proof-of-work and most decentralized cryptos for mining.

    • How Does KASPA Work?

      KASPA network's integration of DAG and PoW technologies heralds a new era in blockchain efficiency and security. Its sophisticated PoW-DAG mechanism and innovative transaction processing place Kaspa crypto at the forefront of blockchain technology. Here’s an overview of how the Kaspa network works:

      KASPA Network: A High-Speed Blockchain Solution

      The KASPA network, a front-runner in the cryptocurrency sphere, integrates the Directed Acyclic Graph (DAG) and Proof of Work (PoW) technologies to deliver unprecedented transaction speeds and scalability, setting it apart in the realm of blockchain networks. This innovative DAG structure allows each transaction to connect to multiple others, creating a web-like framework that surpasses the capabilities of most blockchain networks in transaction handling.

      KASPA's Advanced PoW-DAG Consensus Mechanism

      KASPA employs a unique PoW-DAG (Proof of Work DAG) consensus mechanism. This BlockDAG consensus system marries PoW and DAG technologies to foster a network that's not only more secure but also significantly scalable. This mechanism positions KASPA crypto as a formidable contender in the digital currency landscape.

      Transaction Processing on KASPA Network

      Transactions on the KASPA network are swiftly and securely processed. When a user initiates a transaction, it's broadcast to nodes that validate the transaction using a PoW algorithm. This involves solving a cryptographic puzzle, thereby validating the transaction and integrating it into the DAG structure. This sequence is replicated for each transaction, weaving a complex web of validated transactions.

      Security and Speed in KASPA's Design

      The PoW-DAG consensus of KASPA is pivotal in thwarting double-spending and other fraudulent activities, thanks to the concurrent validation by multiple nodes. Leveraging the GHOSTDAG protocol, KASPA achieves transaction speeds hundreds of times faster than Bitcoin's network. This protocol permits parallel processing of transactions, a stark contrast to the sequential block mining in traditional chains.

    • History of Kaspa Network and KAS Token

      The KASPA network, launched in November 2021, has made significant strides in the cryptocurrency world. Founded by Yonatan Sompolinsky and powered by the revolutionary GHOSTDAG protocol, the KASPA project stands out for its commitment to open-source and decentralized governance. It mirrors the ethos of established cryptocurrencies like Bitcoin, Litecoin, and Monero, ensuring a fair launch without pre-mining or pre-allocation of coins.

       

      Key Milestones and Innovations in the KASPA Network (2021-2023):

      1. Community-Driven Development: KASPA is a testament to the power of community-driven projects in the blockchain space. Key contributors like Micheal Sutton, Shai Wyborski, Mike Zak, Elichai Turkel, and Ori Newman, alongside a growing community of contributors, continually develop KASPA as a fully decentralized project.

       

      2. The Dag Knight Consensus Approach: A major leap in blockchain efficiency, the Dag Knight consensus represents a transformative upgrade to the existing GHOSTDAG protocol, enhancing transaction and confirmation speeds and laying the foundation for a more agile blockchain network.

       

      3. Introduction of Wrapped Kaspa (wKAS): Venturing into new frontiers, KASPA introduced Wrapped Kaspa to the Polygon and BNB Chain blockchain ecosystems, marking a significant chapter in decentralized finance (DeFi) and enhancing connectivity across blockchain platforms.

       

      4. New Mempool Implementation: KASPA unveiled a significant advancement in the performance of their mempool, managing thousands of pending transactions and enhancing the overall transaction processing efficiency of the network​.

       

      5. Kaspa Mobile Wallet Kaspium Development: Aligning with the evolving needs of the digital age, KASPA developed Kaspium, a mobile wallet designed to provide high performance and user convenience, further emphasizing its commitment to accessibility and innovation.

       

      6.Addition of Hiveon Kaspa Mining Pool: To accommodate the growing Kaspa mining community, Hiveon introduced a new mining pool explicitly designed for KASPA mining, offering new opportunities for miners and bolstering the network's mining infrastructure.

    • What Is KAS Coin Used for?

      KAS is the native cryptocurrency of the KASPA network and has the following use cases:

       

      1. Native Currency for On-Chain Transactions

      As the native currency, KAS is essential for executing all on-chain transactions on the KASPA network. This includes executing smart contracts, paying transaction fees, and engaging with decentralized applications (dApps) within the ecosystem.

       

      2. Mining Incentive in a PoW Network

      In the proof-of-work (PoW) framework of KASPA, $KAS serves as a mining incentive. It rewards miners for their role in validating transactions and adding new blocks, fostering the network's consensus mechanism and contributing to its security and robustness.

       

      3. Trade KAS Crypto on KuCoin

      KASPA crypto offers opportunities for trading against other digital assets. With the dynamic nature of the cryptocurrency market, trading KAS coin on the KuCoin Spot Market allows you to leverage market conditions. Additionally, holding KAS as a long-term investment is a strategy if you believe in the project's future potential.

    FAQ

    How much is 1 KASPA (KAS) worth?
    KuCoin provides real-time AUD price updates for KASPA (KAS). KASPA price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time KAS to AUD exchange rates.
    Is KASPA (KAS) a Good Investment?

    Here are some reasons why you could consider investing in $KAS crypto:

    Kaspa’s Innovative Technology for Scalability, Security

    Kaspa's use of the GhostDAG/PHANTOM protocol represents advanced blockchain technology, offering immediate transaction inclusion in the ledger.

    KASPA's distinctive blockDAG structure, underpinned by the GhostDAG/PHANTOM protocol, enables immediate transaction inclusion in the ledger, solving the blockchain trilemma by balancing security, scalability, and decentralization.

    Growing Kaspa Ecosystem

    The expanding development of dApps on the KASPA network could escalate on-chain activity, potentially increasing demand for $KAS. This growing ecosystem indicates a vibrant future for the Kaspa coin.

    Decentralized KAS Mining Model

    Kaspa aims to reduce the variance in mining income, promoting decentralization and reducing reliance on large mining pools.

    What Is Kaspa Coin Price Prediction?

    Considering the cryptocurrency market’s highly erratic and unstable characteristics, providing a precise KAS crypto price prediction over time is unattainable. However, you could monitor the following factors to understand price action in KASPA coin:

     

    1. On-Chain Activity and dApp Development

    The expansion of the KASPA ecosystem, with increased dApp development and deployment, could boost the market demand for $KAS. An increase in users could also support the KAS to USD price in the crypto market.

     

    2. Future Developments and Network Upgrades

    Further upgrades enhancing network efficiency, partnerships, and significant investments could strengthen KASPA's value. These developments are likely to impact Kaspa coin price positively.

     

    3. Market Outlook and Investor Sentiment

    General investor sentiment towards cryptocurrencies and key sectors like web3 could influence the $KAS price. Bullish market periods typically see higher buying activity, supporting Kaspa's price, while bearish sentiments could lead to price declines.

    How to Mine KAS Coin on KASPA

    Mining KASPA (KAS) is an accessible option for enthusiasts interested in PoW cryptocurrency mining. KASPA employs the kHeavyHash algorithm, a modified version of HeavyHash, known for its energy efficiency and compatibility with various mining equipment, including GPUs, FPGAs, and specialized devices.

     

    Here’s a step-by-step guide on mining KAS:

     

    1. Secure a KASPA wallet address to receive mining rewards. Options include web wallets, desktop wallets, and command-line wallets.

     

    2. Choose from several KASPA mining pools like Acc-Pool, WoolyPooly, Hashpool.com, and Kaspa-pool.org, which support both solo and pool mining.

     

    3. Use mining software such as BzMiner, lolMiner, or others that support both solo and dual mining. Edit the miner configuration file to include your KASPA wallet address and the details of the chosen pool.

     

    4. Begin mining and track your statistics via the mining pool's website, which will display important data like hardware hashrate, mining rate, and profitability.

     

    Key Points About Kaspa Mining

    1. KAS Mining and Profitability: KASPA mining is profitable, though it might be less so than other PoW coins currently.

     

    2. Dual Mining Option: KASPA allows for dual mining with Ethereum Classic (ETC), offering versatility for miners.

     

    3. Mining Specifications: The kHeavyHash algorithm is core dominant but energy efficient, ideal for GPU mining.

     

    4. Mining Hardware: Efficient hardware for KASPA mining includes NVIDIA 3000-series and AMD 6000-series GPUs.

     

    5. Solo Mining: For those interested in solo mining, running a full node on a stable system or a virtual server is required.

    What Is KASPA Tokenomics?

    KASPA’s max supply is fixed at 28.7 billion coins, with an emission schedule that halves annually. As of December 2023, the circulating supply of KAS is a little over 21 billion coins.

     

    The KASPA Monetary Policy has two phases: the Pre-deflationary Phase and the Deflationary Phase. The Pre-deflationary Phase began at the mainnet start on November 7th, 2021, and ended on May 8th, 2022. During this phase, the reward rate was initially random for 1 to 1000 KAS per block for the first two weeks, then settled at a fixed rate of 500 KAS per block. The transaction fee during this phase was calculated as 0.0001 KAS per UTXO.

     

    The Deflationary Phase started on May 8th, 2022, and is expected to continue until 2111. During this phase, the block reward will decrease by 1% annually, eventually leading to a fixed supply of 42 million KAS tokens. The transaction fee during this phase will be calculated as 0.00001 KAS per UTXO.

    What is the all-time high price of KASPA (KAS)?

    The all-time high price of KASPA (KAS) is A$0.3016. The current price of KAS is down 85.81% from its all-time high.

    What is the all-time low price of KASPA (KAS)?

    The all-time low price of KASPA (KAS) is A$0.0002468. The current price of KAS is up 17,241.43% from its all-time low.

    How much KASPA (KAS) is there in circulation?

    As of November 8, 2026, there is currently 27.8B KAS in circulation. KAS has a maximum supply of 28.7B.

    How do I store KASPA (KAS)?

    You can securely store your KASPA in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your KAS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.