Kaspa (KAS) Price Analysis: Short-Term Upswing & Long-term Growth Potential

Kaspa’s GHOSTDAG protocol enables parallel block creation, promising high scalability and reaching a potential maximum supply of 28.7 billion KAS tokens. This has resulted in the current circulating supply of over 26.2 billion KAS, nearing its full emission. The network’s ambition to achieve 10-100 blocks per second could propel Kaspa’s PoW appeal and attract institutional investment. 5-7 day technical analysis predicts potential price growth up to $0.123-$0.128 if the price breaks above $0.115 with sustained volume. However, the recent price increase has been accompanied by a -6.08% decline over the last week. Despite the short-term volatility, Kaspa demonstrates strong long-term growth, having gained 28.5% in the past month and 16.4% year-over-year. Increased activity on major exchanges like Gate.io, MEXC, and Bybit adds to this momentum.