Kaspa (KAS) has gained a recent traction, for a good reason. In a modern video clip from Youtuber Cryptochester ((sourceIt is exactly the collapse of why this work proof of work began to explode-and why may this not be done yet.
It was currently trading about 10 cents, Kaspa witnessed a 71 % jump last month. This step surprised many in the encryption space, especially as it seems to lead the shipment before the other altcoins. But beyond this sudden increase?
Part of it comes from a good old bitcoin. With BTC broken through $ 100,000, it often rides coins like Kaspa that works on similar mechanisms. But Kaspa is not only copied Bitcoin. It aims to improve it.
The biggest news, and what Cryptochester calls “huge, huge update”, is the upgrade of the last KASPA speed. The network has moved from one block processing per second to 10 blocks per second. This is a ten -fold increase in speed. This makes Blockchain more effective and effective and able to deal with more users and projects. It is the type of artistic jump that usually fly under the radar – so as not to do so.
There are also speculation that Kaspa may be inserted soon in major exchanges such as Crypto.com, Binance and Coinbase. This has not been confirmed yet, but even rumors were sufficient to stir up excitement. Lists often bring the upper platforms to new investors and new momentum.
From the perspective of technical analysis, the plans are also lined. Cryptochayster referred to a driving sporad style on the daily chart, which recently erupted. This style usually indicates a strong transition to the upward trend, and the current penetration can carry the price to $ 0.14 in the short term.
It was also mentioned by a larger parallel channel, which was restored by Kaspa. If the momentum continues, there is a clear way to $ 0.20 – and perhaps higher. Prediction bold price? Up to $ 0.50 to $ 0.75 in this bull market. This would give KASPA the maximum market between 12 and 13 billion dollars. It is not impossible, especially when compared to metal currencies such as Dogecoin or Cardano.
In simple phrases, KASPA upgraded Blockchain to treat 10 blocks per second instead of only 1. This is a 10 x speed increaseWho improves significantly:
- Productivity of transactions (More transactions per second)
- Expansion (More users and projects can be dealt with)
- efficiency (Less than network congestion and faster assurances)
This promotion makes Kaspa One of the fastest proof of work Blockchains in existenceWithout alteration to prove stock or bargaining on decentralization.
Most people in encryption circles focus on price lists or exchange, so this basic improvement in technology fly under the radar
In the end, Cryptochester explained: It does not provide financial advice. But the combination of strong basics, bullish plans, and potential exchange lists make Kaspa a currency that deserves to be seen closely.
If Kaspa really starts, it may not be a goal of $ 0.75 very crazy.
Also read: You are still worth buying Kaspa? Kas Price outperformed meme currencies
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Read the recent encryption market updates, news and technical analysis here.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
