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Is KAS in Demand? Kaspa Price Prediction for 2024 and Beyond
Author: Alexander

Kaspa (KAS) time and time again surprised the crypto community with price action. What is going on in the Kaspa market these days? Find the answer in this KAS price prediction 2024, 2025, and up to ten years ahead.

Kaspa Price Forecast 2024–2034

kas price forecast

What is Kaspa (KAS)?

Kaspa (KAS) is a cryptocurrency that aims to complement Bitcoin and build on the same principles while improving the technology. Based on the GHOSTDAG protocol that propagates blocks non-linearly without orphaning, Kaspa can process transactions in parallel.

Thanks to its sound cryptographic basis, Kaspa processes 10 blocks a second, keeping latency low and confirmation times minuscule. It strives to become the fastest pure proof-of-work coin and the most secure layer-one blockchain.

Kaspa Price History

KAS Price in 2022–2023

kaspa price 2022-2023

As a successor to Bitcoin, Kaspa also opted for a fair launch without a premine or ICO. This is reflected in the gradual rise in value as KAS was listed on more exchanges and received more markets.

Despite not a lot of cryptocurrencies making great strides in 2023, Kaspa performed decently. The Hotbit listing helped KAS reach the high of $0.023 in Q1 2023. Around that time, mining Kaspa also started becoming even more accessible and popular, and by April, Kaspa ASICs had become a thing.

Another market-defying rally took Kaspa to $0.038 in Q2 2023 when the protocol update bumping the transaction speed to 10 blocks per second went live on the testnet. However, when Kaspa followed market trends, its performance was even more impressive. By November, it accelerated up to its yearly high of $0.1447.

KAS Price in 2024

kaspa price 2024

So far in 2024, KAS has been trading in the 11–20 cent range, aided by news like Marathon Digital getting into KAS mining. The highest price in the history of Kaspa was recorded on August 1, 2024: $0.2075.

Nevertheless, its ascent over months has slowed down, and the coin is experiencing less volatility than before. The current Kaspa price is $0.1187, and its market capitalization is $2.98B which puts it at rank #30 on CoinMarketCap.

What Influences the Price of KAS?

Protocol Development

As you might have noticed, the most prominent cases of Kaspa decoupling from the market trends and outperforming its peers coincide with development-related news.

KAS holders have a lot to look forward to: in the near term, Kaspa developers are planning to introduce a new consensus protocol in a hard fork. The update will increase its processing speed from one block a second to 10 bps.

Another major update on the horizon that promises even more to the Kaspa network is the introduction of smart contracts. The official sources state it to be in the planning stage, while the crypto community claims it can happen as soon as Q1 2025. By becoming a PoW L1, Kaspa hopes to nurture a secure and robust ecosystem of dApps and DeFi protocols.

Supply Dynamics

kaspa release schedule
Source: kaspa.org

Kaspa has recently marked its third anniversary, and by now, out of the 28.7 billion KAS maximum supply, 25.1B or 87.45% is in circulation. What could it mean for the supply and demand?

Over these first years of existence, the supply has massively increased, and sometimes, this caused the price to decrease or the volatility to increase. However, going forward, as the available supply shrinks, the price of Kaspa is supposed to grow, as it will become increasingly harder to get.

It sounds optimistic in theory but there are a few hurdles to the price increase in the linear fashion. Firstly, shrinking supply can lead to supply shock and shortage of liquidity, and neither factors have a positive influence on the value of an asset. Secondly, to substantiate the price increase following a reduction in supply, demand cannot decline. How sought-after Kaspa is, exactly?

Blockchain data shows that in the demand department, Kaspa is doing well. The number of daily active addresses jumped to over 200 thousand on October 22, 2024, according to data from the kas.fyi explorer. When it comes to trading, Kaspa (KAS) ranks 63th according to CoinMarketCap with $95,238,951 in trading volume for the past 24H.

In other words, as a speculative investment, Kaspa may be outperformed by plenty of other cryptocurrencies but in terms of network activity, it seems to have enough demand to justify the price increase when the supply decreases. The aforementioned introduction of smart contracts can massively boost the demand as well.

Market Sentiment

Kaspa occasionally shows moments of decoupling from the wider market trends, performing well when the larger assets are in a slump. Nevertheless, more often than not, Kaspa is bound to perform in line with the crypto market.

Latest Crypto Fear & Greed Index
Source: alternative.me

What is the sentiment in the crypto market today? Refer to the indicator above.

Kaspa Price Analysis and Forecast

kaspa price analysis
Source: elfabiiani on TradingView

TradingView user elfabiiani provides an extensive analysis for KAS price action in the next few weeks:

Descending Trading Channel:

KASPA is currently trading within a well-defined descending channel, with both resistance and support levels guiding its movement.

The price has consistently rebounded from the lower support line while facing rejections near the upper resistance line.

Potential Reversal Signals:

RSI (Relative Strength Index): The RSI is currently around the 39 level, suggesting that KASPA may be entering an oversold zone. This could indicate a potential reversal if the RSI crosses the 40-50 threshold.

Stochastic Oscillator: Showing a reversal from oversold conditions, implying a possible short-term bullish momentum.

VMC Cipher & HMA Histogram: The VMC Cipher indicator and HMA histogram are showing early divergence signals and possible upward momentum, indicating potential price strength if the pattern continues.

Breakout Probability:

If KASPA manages to break above the descending channel’s resistance with sufficient volume, it could signal a bullish breakout

A breakout above $0.12 with strong momentum could potentially lead to a mid-term upward trend.

Trading Plan

Entry Points:

Aggressive Entry: Enter at the current price around $0.115, anticipating a breakout from the descending channel.

Conservative Entry: Wait for a breakout above $0.12 with a retest and confirmation of support, minimizing the risk of a false breakout.

Stop-Loss Placement:

Place a stop-loss slightly below the current descending support line, around $0.11, to limit potential losses if the price reverses downward.

Profit Targets:

Target 1: $0.14 (near previous highs within the channel).

Target 2: $0.16, aligning with the upper trend lines in a possible new uptrend.

Target 3 (Long-Term): New all-time high (ATH), estimated around $0.22 if momentum sustains.

Time Estimation for New ATH:

Based on previous price cycles and behavior, a bullish breakout from the descending channel could gradually drive the price toward a new ATH in approximately 2-3 months. This timeline considers consolidation phases and typical market momentum seen in KASPA’s previous movements. Risk Management:

Use 1-2% of the portfolio per trade to manage exposure.

Adjust stop-loss and targets as the trade progresses, monitoring for potential corrections or unexpected reversals.

This trading plan and analysis anticipate a bullish breakout based on the current technical setup. However, always monitor for confirmation and adjust for new market conditions.

Kaspa Price Prediction 2024

Tyler Hill Investing on YouTube manages to catch a couple of bullish patterns forming in the Kaspa charts. One of the possible options is a descending channel, and KAS can break out of it upward to 13–14¢. If Kaspa’s price is forming inverse head and shoulders, the completion and breakout can take it even further to 16–17¢.

CoinCheckup’s Kaspa forecast relies on historical analysis, so while it is better at keeping estimates feasible, it can also fail to account for external factors. That being said, in a bearish scenario, at the end of 2024, Kaspa can cost $0.2074. A bullish scenario predicts Kaspa’s closing price at $0.6542.

CryptoOfficiel authors think that the change in trend and recovery could make the KAS price higher by the end of 2024. On average, the lowest estimate for KAS price is $0.16 and the highest is $0.30. The trend will take Kaspa’s price higher by November but by the EOY 2024, it will pull back.

Kaspa Price Prediction 2025

In a year from now, in November 2025, Kaspa is predicted to cost $0.3058 by the algorithm of CoinCodex. In comparison with today, it is a 167% increase but given the time frame, the target accounts for organic growth only.

Another 2025 Kaspa price prediction that accounts for a bullish scenario instead is given by the Token Metrics team. On the condition that the crypto market reaches a $3 trillion total market capitalization during the next bull run, KAS can appreciate up to $0.239 but if it explosively grows to $10 trillion, KAS could be worth $0.798.

In their Kaspa forecast, CryptoNewsZ concludes that in a year KAS’s price has the potential to make a run for a new all-time high. The maximum price they expect is $0.61 with the lowest forecast price at $0.19.

Kaspa Price Predictions 2026–2029

Year Cryptonews The News Crypto Coincu
2026 $0.21–0.48 $0.04–0.5 $1.19–1.53
2027 $0.27–0.90 $0.03–0.7 $0.5439–1.09
2028 $0.34–1.57 $0.02–0.9 $0.7479–1.36
2029 $0.41–2.56 $0.01–1 $1.29–3.06

Kaspa Price Prediction 2030, 2034

Cryptocurrencies are famously volatile, even those in the top hundred. Even the stock and forex market predictions cannot account for every event that will have an influence on the price movements.

AMB Crypto gives a long-term Kaspa price prediction that reflects long-term trends rather than cycles. By 2030, KAS will be traded around $0.31 on average. Ten years from now, or 2034, its expected average trading price will increase to $0.57.

Despite the strong fundamentals and use cases, Investing Haven gives a very vague Kaspa prediction. Throughout 2030, it is expected to stay near $1.44 on average, and their estimates for 2035 peg KAS to $2.21.

The Kaspa price prediction by Coin Data Flow is not as bullish. According to their projections, at the end of the decade, KAS can be worth anywhere between $0.136749 and $0.460547. In ten years, KAS’s price will move to a higher range but not by much: between $0.256529 and $0.802642.

How to get KAS on ChangeHero?

If you own some crypto, you can exchange it for KAS on ChangeHero in five simple steps. No account registration or obligatory KYC is needed:

  1. Choose the currencies on the home page, amounts, and the type of exchange. Provide your wallet address in the next step and check the amounts;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send the sum of the cryptocurrency you will be exchanging in a single transaction. Fixed Rate transactions have a 15-minute limit;
  4. All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives;
  5. As soon as the exchange has been processed, your KAS will be on its way to your wallet.

Our support service is available anytime in the chat on our website or through the email: [email protected].

Conclusion

Kaspa (KAS) seems to be settling in a more stable range than before as the asset matures. However, do not take it as a sign of stagnation, as it prepares more developments that can boost its value.

Watch the updates in our blog to stay updated on how the crypto world develops. Sign up for ChangeHero’s updates on social media: X, Facebook, and Telegram.


Kaspa Price Prediction FAQ (Frequently Asked Questions)

Can KAS reach $10?

None of the reviewed Kaspa price predictions suggest that KAS would reach 10 dollars. Although this is feasible with the circulating and maximum supply of the Kaspa coin, the crypto community is not that bullish in this case.

How much will Kaspa be worth in 2030?

Experts expect KAS to trade between $0.14 and $1.44 in their Kaspa token price prediction for 2025.

Does Kaspa have a future?

The Kaspa development team has a few important upgrades already in the planning stage. The consensus on the fundamental analysis of Kaspa (KAS) also positively evaluates its future prospects.

How high can Kaspa go in 2025?

Kaspa price prediction for 2025 names figures from $0.19 to $0.80.

Is Kaspa a good investment?

Kaspa is positively evaluated for its fundamental qualities and tokenomics. You should always seek professional advice and conduct research before investing in any cryptocurrency.

What is the price prediction for Kaspa in 2024?

Kaspa price forecast suggests it will reach $0.6542. At the very least, it is expected to rise to $0.12.

Disclaimer

This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.

When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks by conducting your own research. Consider investing in cryptocurrencies only after careful consideration and analysis and at your own risk.

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