Kaspa is a one-of-a-kind cryptocurrency built on a robust proof-of-work engine. It utilizes several unique features to efficiently overcome the limitations of existing blockchains. Kaspa’s native currency, KAS, started trending in late 2023. As interest in this crypto grows, it is important that we explore its true potential.
In this Kaspa price prediction guide, we’ll begin with KAS price history before delivering short, medium and long-term KAS price forecasts. We’ll also discuss what Kaspa is and what makes it unique. We’ll then explore the factors that influence KAS price movements before determining whether it is a good buy at the moment. In the end, we’ll answer many important questions you may have in mind.
Kaspa Price Prediction Summary
- End of 2024: KAS has been on an impressive bull run since late 2023. Despite reaching a new ATH price recently, we anticipate that the coin, which is one of the hottest new cryptos, will gain further in the years ahead. Based on our estimation, Kaspa coin price may reach a maximum valuation of $0.204 before the end of 2024.
- End of 2025: In 2025, several factors will impact Kaspa price performance. Kaspa halving, which is a gradual yearly event, might be the biggest price trigger. The condition of the wider market will also have a meaningful impact. Ultimately, our Kaspa price prediction estimates that KAS maximum price in 2025 could be in the region of $0.753 per coin.
- End of 2027: KAS looks ready to attract a huge and vibrant community in the next few years. It has implemented strategies that simplify fiat-crypto onramp and has key features in place to build a formidable community. Such a strong community could be its backbone soon. We estimate that KAS will reach a high price target of $1.205 in 2027.
- End of 2030: Many experts and crypto market enthusiasts expect crypto to go mainstream by 2030. This means coins like Kaspa could be used for everyday transactions then. Depending on how the Kaspa ecosystem develops, KAS could become a household name by then. Our KAS price forecast estimates that the coin could reach a maximum valuation of $3.855 in 2030.
Kaspa (KAS) Price History
The Kaspa project was conceptualized by DAGLabs, a Research and Development Company founded by Yonatan Sompolinsky, a Postdoc CS at Harvard. The initial investment for the project came from Polychain. The Kaspa core team includes several other developers and contributors. The project was initially launched in November 2021, but KAS coin became available sometime in 2022.
Coingecko was one of the first websites to start tracking KAS price. According to its available data, KAS initial price on May 25, 2022, was $0.00020022. About 24 hours later, Kaspa recorded its all-time low price of $0.000171, on May 26, 2022.
Kaspa’s price growth was very slow in the early days. It reached a peak price of $0.00900146 on November 30, 2022, before dipping to around $0.00505835 on December 31, 2022.
Kaspa started 2023 on the bright side, making significant gains after a short decline. By March 1, it had reached a new milestone price of $0.01141009. The rapid gain continued as KAS hit $0.03297625 on April 1, 2023. After a few weeks of fluctuations, it established strong support at $0.016.
Kaspa reached another milestone price point in early August 2023, when it touched the $0.05 mark. It then experienced moderate price swings before establishing strong support at the $0.05 point in late October.
Kaspa’s Biggest Price Rally
After an initial +2,200% price gain, Kaspa started its most significant price rally in November 2023. As of November 10, KAS price was $0.091230 and by December 3, it had reached $0.137179. After weeks of price swings, it finished 2023 at around $0.117603 per coin.
Since the beginning of 2024, KAS ‘lowest price was $0.099854, recorded on February 6. By February 21, the coin was trading for as high as $0.179777. However, the price continued to swing as KAS reached a low point of $0.112219 on May 4, before experiencing another major price gain.
According to Coinmarketcap data, Kaspa coin reached its all-time high price of $0.1919 on June 5, 2024. It has experienced a 15.89% price growth in the past month and an impressive 508.47% gain in the past 12 months. At the time of writing, KAS current price was $0.1604, which is close to its ATH value. Since Coinmarketcap started tracking its price KAS has recorded over +83,000% price gain.
Key Points in Kaspa (KAS) price history
- Kaspa was conceptualized by DAGLabs, with initial investment by Polygon
- Kaspa was initially launched in November 2021, but its token became available to the public in 2022
- According to Coingecko data, KAS initial price in late May 2022 was in the region of $0.00020022
- KAS price grew slowly throughout 2022
- Kaspa coin price gained substantially in 2023, establishing strong support at $0.016 in the first five months
- KAS price reached the $0.05 mark in August 2023 and established strong support at this price point in late October
- Kaspa started its biggest price rally in November 2023, experiencing a minor dip in early February
- KAS reached its all-time high price of $0.1919 on June 5, 2024, per Coinmarketcap data
- Since its launch, KAS has seen a mouthwatering +83,000% price gain, as at the time of writing this Kaspa price prediction guide
Kaspa Price Prediction 2024
As the previous section of this guide shows, Kaspa has been on an impressive run since the turn of 2024. The coin started making significant gains in 2023, joining the league of trending cryptos in late 2023 before reaching several milestones in 2024.
While we can attribute Kaspa price growth to the general condition of the crypto market, it is important to point out that it has been outperforming the market for several months. KAS positive price movement started even before the current bull market, and we anticipate that it will last for a couple of years, at least.
Bitcoin halving played a significant role in the current bull market, and we must admit it helped KAS in some ways. Other milestone developments within the market, such as the approval of Bitcoin ETFs and Ethereum ETFs must have helped too.
Kaspa is getting ready for its halving event in August 2024. While this may not raise as much dust as Bitcoin halving, it will have a noticeable impact on the Kaspa ecosystem. The excitement is expected to result in increased network activities, which could also boost price growth.
As per our actual Kaspa price prediction for 2024, we estimate that the coin will gain throughout the year. Depending on some key factors, KAS may reach a maximum valuation of $0.204 before the end of 2024.
Kaspa Price Prediction 2025
There are multiple factors that could have an impact on KAS price movements in 2025. While the condition of the wider crypto market will play a part, the majority of these factors are peculiar to the Kaspa ecosystem.
Unlike Bitcoin, the Kaspa halving event happens every year, and it is more like a gradual process throughout the halving period. The impact of this event cannot be overemphasized. For instance, Kaspa experienced a 273% price increase, leading to the 2023 halving event. And the price peaked on the day of its halving.
We are also expecting that Kaspa will be listed on other major cryptocurrency exchanges before or in 2025. Its listing on Binance Futures in late 2023 had a meaningful impact on its price growth. Listing on major exchanges increases its exposure, and this could have an impact on trading volume and, by extension, KAS price.
The release of the Rust version of the Kaspa protocol is another event that could boost KAS price growth going into 2025. Though this release has happened already, we anticipate that its impact will start becoming evident in 2025.
Based on the foregoing, our Kaspa price forecast for 2025 is very positive. We estimate that the coin could reach a high price target of $0.753 before the year runs out.
KAS Price Forecast 2027
Kaspa claims to be the fastest, open-source decentralized and fully scalable Layer-1 in the world. While some of these claims are debatable, the unique features of this protocol are undeniably efficient. It is the world’s first blockDAG, enabling parallel blocks and instant confirmation.
Kaspa’s unique features make it one of the friendliest blockchain networks. In time, this could help KAS become one of the top altcoins to invest in. At the moment, the coin has strong growth potential based on what the protocol offers.
We also anticipate that KAS holders will increase significantly in the next couple of years. In addition to listing on major exchanges, KAS collaborated with Uphold to enable easy fiat-to-crypto onramp. The Kaspa community can now buy KAS on the site with ease.
Kaspa will be able to attract a wider audience, leading up to 2027. It supports a wide range of wallets, allowing KAS holders to store, retrieve and use their digital assets anytime, anywhere. The flexibility is appealing. Fast transactions and instant confirmation are the other attributes that make KAS appealing.
As for our actual KAS price prediction for 2027, we estimate that the maximum price could be in the region of $1.205 per coin.
Kaspa Price Prediction 2030
Considering its uniqueness and lack of operational history, it is a bit challenging to make an informed long-term Kaspa price forecast. However, there are a few factors we can consider to understand how the protocol will stand and what the price of KAS will be in 2030.
Firstly, we expect that crypto will go mainstream before 2030. This may mean different things to different people, but the general implication for the market is the widespread adoption of digital currencies. That means coins like KAS, Litecoin and Monero will become easily acceptable worldwide.
Increased adoption will have a positive impact on Kaspa price. However, we also need to consider what the condition of the wider crypto market will be in 2030. It is common knowledge that the market goes through a circle of bearish and bullish trends. If the market is bullish in 2030, KAS price could rise further. But a bearish season will mean a lower KAS price.
Kaspa’s uniqueness doesn’t exempt it from competition. Knowing that the blockchain industry is evolving at an incredible pace, Kaspa’s ability to innovate and attract more users will have a huge impact on its price prospects.
Therefore, our Kaspa price prediction estimates that the coin could rise to a maximum price level of $3.855 before the end of 2030.
Kaspa Price Prediction 2040
While it is still too early to consider KAS as one of the best long-term cryptos to buy, there are reasons to believe that it will stand the test of time. For a start, KAS is a community project that is 100% controlled by the community. Therefore, it will be able to retain its users in the long term.
Considering how it has performed in just two years, there are possibilities that Kaspa will attract a huge, vibrant community in no time. How this community grows and drives the future of the project will determine how high it could go by 2040.
Kaspa’s tokenomics is another important factor that could play a huge role in its long-term price performance. Of its 28,700,000,000 KAS maximum supply, 83.69% is already in circulation. That means less than 17% of the coin will come into circulation between now and 2040. Increased demand, therefore, will push prices upwards.
We also anticipate that Kaspa’s utility will increase in the years ahead. As the Kaspa ecosystem expands to include subnets, related products and services, the usefulness of KAS will improve and that extra value will have a notable impact on price. So, KAS may be one of the most undervalued crypto.
Depending on the condition of the wider crypto market and the specific developments within the Kaspa ecosystem, KAS price in 2040 could be very high. Our KAS price forecast estimates that its maximum price in 2040 could be $12.324 per coin.
Potential Highs and Lows of Kaspa Price
Knowing that Kaspa will continue to experience small, moderate and wide price swings, it is important that we provide a realistic price range for potential buyers. Below, we’ll summarize the potential high and low price points of KAS for the years we’ve covered:
Year | Potential High | Potential Low |
2024 | $0.204 | $0.129 |
2025 | $0.753 | $0.437 |
2027 | $1.205 | $0.829 |
2030 | $3.855 | $2.487 |
2040 | $12.324 | $8.617 |
Expert Opinions – What Other Analysts Predict for KASPA Price
Following Kaspa’s impressive performance in 2023, many crypto analysts have made predictions about its future prices. Below, we’ll summarize the opinions of different analysts offering Kaspa price forecast(s) for different media outlets:
“Technical analysis showed that Kaspa is expected to range between $0.0063852 and $0.1660152, with the average price of $0.15963 in 2024.”
Gate.io
“There is a possibility that Kaspa can break through the $0.39 barrier and hold the market by the end of 2025. The lowest Kaspa price will be between $0.33 to $0.39, and the most likely Kaspa price will be steady at around $0.37.”
Digitalcoinprice.com
“According to the forecast for 2027, the value of KAS token may vary between $0.6977 and $1.40. The average price of the token for this year could be $1.05. The price prediction of KAS depends on various factors that affect its demand and supply.”
Coincu.com
“It is estimated that KAS will be traded between $1.75 and $2.05 in 2030. Its average cost is expected at around $1.80 during the year.”
Changelly.com
“2040 is a long time from now, and by that time, many cryptocurrencies that exist now might not be present. But Kaspa might still be relevant because of the expected development and upgrades in its plans. For KAS price, it could be $13.80 in 2040.”
Coinedition.com
What is Kaspa and What is it Used For?
Kaspa is an open-source, decentralized and fully scalable Layer-1 Network that is built differently. According to Kaspa’s Official Website, it is the world’s first blockDAG, which is basically a digital ledger enabling parallel blocks.
While Kaspa is officially a blockchain, it is important we explain how it differs from other contemporary blockchains. A proof-of-work (PoW) Network, Kaspa combines blockchain and DAG (Direct Acyclic Graph) technologies to solve the blockchain trilemma of security, scalability and decentralization.
At its core, Kaspa operates a unique protocol called the GhostDAG protocol. According to the founding team, this is the Phantom Protocol that combines an improvement on Bitcoin’s proof-of-work consensus mechanism and Direct Acyclic Graph. Another notable project that utilizes DAG is IOTA.
Kaspa Uses
Kaspa is primarily used for transaction purposes. While new use cases are being explored, the Network is mostly used for mining, storing, transferring and buying KAS, which is the native currency.
In 2023, Kaspa developers started working on a Rust version of the network. Full implementation of this update will bring smart contracts functionality to the Kaspa ecosystem. When this is achieved, Kaspa can be used for building decentralized applications. Rust is a highly successful smart contract programming language used by other top blockchains, including Solana and Polkadot.
The Kaspa Coin 
Kaspa has a native currency called Kaspa coin, which trades under the ticker symbol “KAS”. It is the cryptocurrency/digital asset that powers the network. While it is primarily used within the Kaspa ecosystem, KAS can also be traded across cryptocurrency exchanges and other platforms. This Kaspa price prediction guide is based on the fact that KAS can be traded for profit-making purposes.
KAS is used to execute all on-chain transactions on the Kaspa Network. At the moment, it is used to settle transaction fees. However, it can also be used for executing smart contracts and interacting with dApps (decentralized applications) when the Rust version of Kaspa is fully functional. KAS is also used to pay out mining incentives on the PoW Network.
What Influences the Price of Kaspa Coins (KAS)?
Below, we’ll briefly discuss some of the major factors that can influence the price movement of Kaspa coins in the future:
Wider Crypto Market Conditions
It is common knowledge that the crypto market experiences bullish and bearish seasons. Despite its uniqueness, Kaspa operates in this market. Therefore, the price of its token will most often respond to the general condition of the market. It will mostly gain during a bullish season and dip during a bearish trend.
Kaspa Ecosystem Updates and Increased Adoption
As mentioned earlier, Kaspa is on the verge of a major update that will bring smart contract functionality to its ecosystem. This means dApps will be available on the platform and KAS may soon join the list of top DeFi tokens. It also means increased adoption, which mostly translates to price growth.
Bitcoin and Kaspa Halving Events
Kaspa was inspired by Bitcoin and the halving mechanism is one feature they share in common. From what we’ve observed in the past couple of years, Bitcoin halving and Kaspa halving can both impact the price of KAS. Also, BTC performance in any season can have an impact on KAS performance.
Exchange Listings
When Kaspa was listed on Binance Futures, its price jumped by 15%. The coin is yet to be listed on Coinbase, Kraken and a few other major exchanges. Announcements of listing on major exchanges can boost the coin’s popularity further and give it more exposure. When this eventually results in increasing daily trading volume, KAS price can shoot up further.
Market Sentiment
Market sentiment refers to how market participants (traders and investors) feel. When they are optimistic, market participants tend to buy more and that can trigger price growth. On the other hand, pessimism, which is also called negative sentiment, will have a negative impact on coin’s prices. Depending on how Kaspa holders and potential buyers feel about the coin, the price can swing either way.
Others
There are a few other factors that can have an impact on Kaspa price in the future, including demand and supply pressure, whale activities, as well as legal and regulatory issues. Competition from smart contracts platforms will also influence KAS price once its Rust version is fully functional and becomes operational.
Is Kaspa a Buy?
Kaspa (KAS) has had an incredible run in the past 12 months. A +530% yearly price growth is enough to capture the attention of any informed traders. It is not surprising, therefore, that KAS is attracting too much attention. But is it the real deal?
Undoubtedly, Kaspa is a unique Layer-1 blockchain with so much to offer. Once smart contracts functionality is fully achieved and Kaspa can attract a sizable developer base, the ecosystem will expand. This means KAS could be among the next cryptos to explode. That also implies that it could be a good buy.
At this juncture, we must state that KAS is a volatile asset, just like other cryptos. Therefore, buying KAS comes with risks. But this is also the case with top cryptos, including Bitcoin and Ethereum. While our Kaspa price prediction(s) suggest that the coin will gain in the future, the entire market is still full of uncertainties.
Kaspa Price Prediction – Conclusion
In this guide, we’ve explored some of the key information needed to understand how KAS price could move in the future. We’ve demonstrated how the coin caught the attention of crypto enthusiasts and how it could maintain its current growth trajectory.
In the months and years ahead, KAS price could be boosted by factors such as the halving events, protocol upgrades and growing adoption. While we expect KAS to perform well going forward, it may take time to feature in the list of the best cryptos to buy in 2024. However, this is still a good time to buy KAS for short-term and long-term profits.
Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
References
- https://www.coingecko.com/en/coins/kaspa
- https://coinmarketcap.com/currencies/kaspa/
- https://kaspa.org/kaspa-new-exchange-listing-uphold/
- https://www.bloomberg.com/opinion/articles/2024-01-26/bitcoin-etf-crypto-is-going-mainstream-which-means-it-s-over
- https://zondacrypto.com/en/blog/the-evolution-of-blockchain-technology-and-crypto
- https://www.binance.com/en/square/post/229670260466
FAQs
What was KAS’s highest price ever?
KAS’s highest price ever was $0.1919, recorded on June 5, 2024. The coin may surpass this ATH value pretty soon
Will KAS price go up?
KAS price has been on the rise for a while, and is forecasted to continue on its upward trajectory for a while
What will Kaspa be worth in 2025?
According to our forecast, Kaspa can reach a maximum price of $0.753 before the end of 2025
What is Kaspa price forecast for 2027?
Kaspa’s community can become bigger and more vibrant leading up to 2027, and this could have a meaningful impact on KAS price. We estimate that the coin could reach a maximum valuation of $1.205 in 2027
How much will KAS be worth in 2030?
Depending on how the Kaspa ecosystem grows before 2030, the network may become a big hub and attract lots of investors. KAS price could then be worth as much as $3.855 per coin.
What is Kaspa price forecast for 2040?
Based on our long-term KAS price forecast, the coin could reach a high price target of $12.324 per coin in 2040.
Will KAS reach $1 soon?
It is possible that KAS will reach the $1 mark soon. However, we anticipate that this will not happen in 2024. Maybe a couple of years later.
Should I buy Kaspa coins?
This looks like a good time to buy Kaspa. The coin is still growing at a decent pace and a timely investment will mean bigger profit margins in the future
Is Kaspa a good investment?
Based on its price performance and potential, Kaspa looks like a solid investment. If it can develop in the manner we expect it to develop, Kaspa can become a top-tier Layer-1 network and KAS a top altcoin