Kaspa’s Dormant Supply Soars: Long-Term Hold Signals Confidence

In contrast to the often-short-term market dynamics, Kaspa (KAS) is demonstrating a distinct long-term approach. Recent data from Kaspa Daily reveals a significant surge in inactive KAS supply, reaching record highs across various timeframes – specifically: coins not moved for 3+ months, 6+ months, and even over 2 years. This dynamic is vividly depicted in the chart visually depicting the percentage of total circulating supply (CS) that has remained untouched. The blue line represents inactive supply percentage while the gray line tracks KAS price. Source: X/@DailyKaspa