Kaspa

Alephium

Mirror

Captain

Rise

<p>Yes, you read the title right – Kaspa has rivals in crypto too. It’s the one with a $134 million market cap currently while KAS sits at $3.6 billion – Alephium.</p>
<p>Alephium uses a new sharding algorithm called BlockFlow, which enables the network to process transactions in parallel across multiple shards. This significantly increases the blockchain’s throughput, allowing Alephium to achieve up to 10,000 Transactions Per Second (TPS), a substantial improvement over Bitcoin’s 7 TPS.</p>
<h2 class="wp-block-heading" id="booming-hashrate-and-potential-growth">Booming Hashrate and Potential Growth</h2>
<p>A crypto trader known as “Marx” highlighted Alephium’s booming hashrate in a tweet, suggesting that ALPH could mirror Solana’s explosive growth. He points out that Alephium’s hashrate is set to skyrocket, signaling a massive increase in interest and participation. Currently at 8.2 PH/s, the hashrate growth indicates strong network security and miner confidence.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ALPH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ALPH</a>'s hashrate is ready to skyrocket <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> signaling massive growth in interest and participation. <br><br>Now set at 8.2 PH/s <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>With a market cap of just $ 146 million compared to <a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$KAS</a> ’s $ 4 billion, <a href="https://twitter.com/search?q=%24ALPH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ALPH</a> holds immense potential for future gains.<br><br>Recent innovations from… <a href="https://t.co/VGaAS7O7nR" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/VGaAS7O7nR</a></p>— Marx <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f575-fe0f-200d-2642-fe0f.png" alt="🕵️‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MarxMeterian) <a href="https://twitter.com/MarxMeterian/status/1832034923466883444?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 6, 2024</a>
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<p>Marx emphasizes the stark contrast between Alephium’s market cap and that of Kaspa, suggesting significant potential for future gains. He attributes the rise in hashrate to recent innovations from mining hardware manufacturers like Bitmain and IceRiver. The introduction of new ASIC miners is dramatically improving computational efficiency while keeping energy consumption in check.</p>
<p>Notably, upcoming shipments of IceRiver’s AL0 and Bitmain’s Antminer L1 are expected to further reshape the mining landscape, ushering in an era of heightened technological efficiency in blockchain mining. Marx believes that Alephium’s expanding ecosystem, which integrates oracles, smart contracts, and advanced technologies like PoLW (Proof of Less Work) and sharding, positions it for a major breakthrough reminiscent of Solana’s historic rise.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/how-kaspas-hashrate-can-position-kas-as-a-top10-crypto-this-bull-cycle/" target="_blank" rel="noopener noreferrer nofollow">How Kaspa’s Hashrate Can Position KAS As a Top10 Crypto This Bull Cycle</a></strong></em></p>
<h2 class="wp-block-heading" id="recent-price-action-and-future-outlook">Recent Price Action and Future Outlook</h2>
<p>The ALPH price didn’t stay immune to <a href="https://captainaltcoin.com/why-is-the-crypto-market-crashing-today-bitcoin-price-dips-to-55k/" target="_blank" rel="noopener noreferrer nofollow">this September correction</a> as it plunged 18% this week and 8% in the last 24 hours. This means Alephium is now trading around $1.56.</p>
<p>However, if Marx’s prediction is even closely correct, Alephium is positioned to become a $1 billion dollar coin in the upcoming months.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/this-kaspa-rival-is-positioned-to-mirror-solanas-meteoric-rise/" rel="noopener noreferrer nofollow">This Kaspa Rival Is Positioned To Mirror Solana’s Meteoric Rise</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Kaspa Rival Is Positioned To Mirror Solana’s Meteoric Rise

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