Medium

Kaspa

Covenant

Bitcoin

<h2 id="on-chain-activity-picks-up-across-kaspa-s-upgraded-stack">On-chain activity picks up across Kaspa's upgraded stack</h2><p>Seven weeks after <a href="https://github.com/kaspanet/rusty-kaspa/blob/master/docs/toccata-guide.md" rel="noopener noreferrer nofollow">Kaspa's Toccata hard fork</a> went live on June 30, 2026, the new protocol machinery is showing measurable real-world use. Kaspalytics counts 1,196 covenant-creating transactions in the past 24 hours, with over 2,700 covenant outputs produced. Those outputs represent programmable spending rules running natively on Kaspa's Layer 1, one of the headline features of the upgrade.</p><p>Toccata's changes focus primarily on adding covenant-like programmability, transaction v1, script pricing, ZK verification, based-app primitives, and Silverscript tooling. The hard fork transforms Kaspa from a fast, payments-focused network into a programmable value settlement layer.</p><p>The zero-knowledge side is at an earlier stage. Just nine ZK precompile transactions were recorded in the same 24-hour window, split between Groth16 and R0Succinct proof verifications. The update introduced an OpZkPrecompile for trustless L1 ZK proof verification and partitioned sequencing commitments to scale based ZK applications. Low initial volumes are expected given how recently that infrastructure became available.</p><h2 id="igra-l2-dominates-network-activity">Igra L2 dominates network activity</h2><p>The clearest adoption signal sits on layer 2. Igra, the EVM-compatible L2 anchored to Kaspa, logged around 54,000 transactions in 24 hours, dwarfing every other protocol on the network, with KRC inscriptions a distant second near 1,900. Igra Labs describes its network as an EVM-compatible programmable layer on Kaspa L1, with fast probabilistic finality and support for 3,000 TPS or more. An EVM-compatible Layer 2 on Kaspa adds a separate layer that can run Ethereum-style smart contracts while still leveraging Kaspa's fast and secure L1 for transaction processing and settlement.</p><p>Miner adoption of the post-Toccata software also looks clean. Some 86% of recent blocks come from node version 2.0.1, the post-Toccata release, suggesting the consensus change has settled without a lingering network split. As with any consensus change, failing to upgrade can cause a node to split off from the network , so the rapid migration to 2.0.1 points to a smooth transition across the mining community.</p><p>Taken together, the data paints a picture of an upgrade that has cleared its most critical technical hurdle, broad miner adoption, while the application layer is still in its early innings. Covenant activity and Igra's transaction volumes suggest developers and users are beginning to test what the new stack can do.</p><p><strong>Sources:</strong><br><a href="https://github.com/kaspanet/rusty-kaspa/blob/master/docs/toccata-guide.md" rel="noopener noreferrer nofollow">Kaspa Toccata Hard Fork Guide, kaspanet/rusty-kaspa on GitHub</a><br><a href="https://bitcoinfoundation.org/news/altcoins/kaspas-biggest-upgrade-yet-can-kas-become-a-top-10-cryptocurrency/" rel="noopener noreferrer nofollow">Kaspa's Biggest Upgrade Yet, Bitcoin Foundation</a><br><a href="https://medium.com/@michaelsuttonil/kaspa-covenants-toccata-hard-fork-outlook-a4d81a40900c" rel="noopener noreferrer nofollow">Kaspa Covenants++ Toccata Hard-Fork Outlook by Michael Sutton, Medium</a></p>

Kaspa's Toccata upgrade is seeing real use seven weeks after activation

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