Kaspa Surges: On-Chain Activity Fuels Potential Price Reversal

Kaspa is experiencing a notable surge, with its price jumping 12.54% today and trading volume surging nearly 40%. Currently trading at $0.06833, this movement coincides with an uptick in on-chain activity after months of stagnation. According to Kaspa Report on X and data from KasPalytics, daily transactions have been climbing steadily throughout April, exceeding March’s lows by over 50%. This progress suggests the six-month decline in network activity may be coming to an end.