Kaspa

Satoshi

BlockDAG

RebelSatoshi

Coin

<p>In a price analysis by FireHustle, the analyst discussed the current strengths and weakness of Kaspa and how they could affect its price. FireHustle also suggested a strategy for trading the token.&nbsp;</p> 
<p>The analyst hailed Kaspa for holding strong while the rest of the market struggled, being the only green in portfolios during the bear run and red dips. The following paragraphs discuss their thoughts in detail.&nbsp;</p> 
<h2 class="wp-block-heading" id="kaspa-technology-and-the-ongoing-challenge">Kaspa Technology and the Ongoing Challenge</h2> 
<p>Kaspa protocol launched KC20 Beta on June 30th, with the formation of the Kaspa Ecosystem Foundation aimed at supporting growth through funding. There is also a Cplex Protocol designed for developers to create and launch tokens and projects using the new KC20 token standard.</p> 
<p>The launch of Cplex brought in a lot of traffic to Kaspa, making it experience increased confirmation times and lag due to high usage. Despite this, security and consensus remained strong.</p> 
<p>Michael Sutton, a Kaspa developer, mentioned that the congestion was expected and that the core consensus engine and nodes worked without issues. Any challenges faced can be resolved in a short period of time.</p>  
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<h2 class="wp-block-heading" id="ongoing-technical-enhancements">Ongoing Technical Enhancements</h2> 
<p>Kaspa transitioned from the Go programming language to Rust to boost network speed and stability. The test net with Rust already reaches 10 blocks per second, aiming to scale up to 100. As of May 30th, 90% of nodes have switched to Rust, intending to achieve 10 blocks per second on the main net.</p> 
<p>Kaspa aims to be one of the fastest networks available, featuring a scalable layer-one proof-of-work network. Its BlockDAG structure enhances traditional blockchain design, forming a web-like network for faster block times and higher transaction speeds.</p> 
<h2 class="wp-block-heading" id="kaspa-future-prospects-and-trading-strategy">Kaspa Future Prospects and Trading Strategy</h2> 
<p>The future moves of Kaspa are impossible to predict. There will always be pullbacks, but the current trend shows potential for further growth.</p> 
<p>Kaspa is not yet listed on major exchanges like Coinbase, Crypto.com, Binance, OKX, or Kraken. Achieving listings on these platforms could significantly boost KAS visibility and adoption.</p> 
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<p><strong><em>Also Read: <a href="https://captainaltcoin.com/dogwifhat-wif-meme-coin-going-as-predicted-could-spike-another-25-bonk-trading-at-make-or-break-support/" target="_blank">Dogwifhat (WIF) Meme Coin Going as Predicted; Could Spike Another 25%: BONK Trading at Make-or-Break Support</a></em></strong></p> 
<p>The coin is still in its early development stages, with plans to improve technology based on beta feedback. The development of smart contracts and apps could take Kaspa to another level.</p> 
<p>The presenter sees the blockchain’s overall sentiment as bullish, and the fundamentals and continuous development suggest it has a bright future.</p> 
<p>The analyst favors buying bit by bit through dollar-cost averaging (DCA). This is because the general market is dipping, and it may be challenging to determine when the bottom will be.&nbsp;</p> 
<h2 class="wp-block-heading" id="altfins-kaspa-price-analysis">AltFINS Kaspa Price Analysis </h2> 
<p>Kaspa price analysis from AltFINS suggests that the price remains in an uptrend after reaching the near-term target of $0.194. Investors must find a good entry to ride the trend. One way could be to wait for a break above $0.2 for a continuation or a pullback to $0.15 support for another swing trade.&nbsp;</p> 
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<p>Based on the analysis, Kaspa remains in an uptrend in the short term. The medium-term and long-term trend analysis also suggests that the price is a strong uptrend.</p> 
<p>The price of Kaspa is presently trading at $0.169, with the next support being at $0.15 and then $0.13. The next resistance is at $0.194, and if that breaks, the analysis suggests we could see a new all-time high at $0.24.</p> 
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<p>The post <a href="https://captainaltcoin.com/wheres-kas-price-headed-next-amid-ongoing-kaspa-network-issues/">Where’s KAS Price Headed Next Amid Ongoing Kaspa Network Issues?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Where’s KAS Price Headed Next Amid Ongoing Kaspa Network Issues?

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