Kaspa Skyrockets: Blockchain Breaks $1.6 Billion Barrier, Driven by PoW Success

The Kaspa blockchain experienced a significant price surge in the past 24 hours, reaching a new all-time high of $0.060. This surge was fueled by strong demand across major trading pairs and increased liquidity on exchanges. Experts attribute this impressive rally to the expanding Decentralized Finance (DeFi) ecosystem and growing institutional interest in Kaspa’s Proof-of-Work (PoW) technology. The token’s market cap surged past $1.6 billion, reflecting its near-full circulating supply and robust activity.