Latest Kaspa (KAS) News Update

By CMC AI
09 September 2025 12:20AM (UTC+0)

What is the latest news on KAS?

TLDR

Kaspa navigates technical milestones and market shifts, balancing whale-driven volatility with ecosystem growth. Here are the latest updates:

  1. Smart Contracts Launch (31 August 2025) – Casplex L2 mainnet activation unlocks DeFi/NFT potential.

  2. SwissBorg Listing (5 August 2025) – Expanded accessibility for 300+ asset swaps.

  3. Price Consolidation (21 August 2025) – KAS stabilizes near $0.084 amid whale accumulation.

Deep Dive

1. Smart Contracts Launch (31 August 2025)

Overview:
Kaspa’s Casplex Layer 2 mainnet went live on August 31, introducing smart contract functionality to its BlockDAG architecture. This upgrade enables decentralized applications (dApps), DeFi protocols, and NFT platforms, addressing prior limitations in programmability.

What this means:
This is bullish for Kaspa because smart contracts diversify use cases beyond payments, attracting developers and liquidity. The integration could position KAS as a scalable alternative to Ethereum and Solana, especially with its 10 blocks/second throughput. (CoinMarketCap)


2. SwissBorg Listing (5 August 2025)

Overview:
Kaspa won SwissBorg’s July community vote, securing a listing on the platform. Users can now trade KAS alongside 300+ assets with fiat on/off-ramps and low fees.

What this means:
Enhanced liquidity and retail exposure are likely, as SwissBorg’s European user base gains streamlined access. This follows Kaspa’s July surge to $0.1153, though prices have since corrected 11% weekly. (SwissBorg)


3. Price Consolidation & Whale Activity (21 August 2025)

Overview:
KAS dipped 11% in the week ending August 21, testing support near $0.084. On-chain data shows whales accumulating during the pullback, with funding rates staying positive.

What this means:
The $0.08–$0.084 zone is critical. Sustained holding here could signal a rebound, especially if broader crypto sentiment improves. However, miner sell-offs and delayed Tier-1 exchange listings remain headwinds. (XT Blog)


Conclusion

Kaspa’s ecosystem is maturing with smart contracts and strategic listings, though short-term price action reflects mixed sentiment. The upcoming Kaspa Experience conference (13 September 2025) could reignite developer interest. Will whale accumulation and Casplex adoption offset miner sell pressure?

What are people saying about KAS?

TLDR

Kaspa’s community juggles meme-fueled optimism and technical skepticism. Here’s what’s trending:

  1. Mysterious whale “Wallet 2” sparks curiosity

  2. Developers tout Kaspa’s BlockDAG speed upgrades

  3. SwissBorg listing boosts accessibility

  4. Miner shifts to $QUBIC stir debate

Deep Dive

1. @GhoadCoin: “Wallet 2” whale speculation bullish

“Who is Wallet 2? The Kaspa community can’t stop speculating… the wallet just keeps stacking.”
– @GhoadCoin (5.2k followers · 12k impressions · 2025-09-01 13:39 UTC)
View original post
What this means: Bullish for $KAS as sustained accumulation suggests institutional or high-conviction interest, though anonymity fuels uncertainty.

2. @kaspaunchained: Devs highlight 10 BPS speed neutral

“Kaspa utilizes BlockDAG for 0.1s block intervals… transactions became nearly instant post-Crescendo.”
– @kaspaunchained (29.7k followers · 8.1k impressions · 2025-07-29 18:19 UTC)
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What this means: Neutral – while the tech upgrade (1→10 blocks/sec) improves utility, adoption metrics like daily transactions (~700k) need sustained growth.

3. @swissborg: Exchange listing bullish

“Trading Kaspa is easier than ever with SwissBorg… 300+ assets available.”
– @swissborg (187k followers · 42k impressions · 2025-08-05 15:05 UTC)
View original post
What this means: Bullish – T1 exchange exposure could improve liquidity (current turnover 1.68%) and attract retail traders.

4. @Crypt0_Titan: Miner rotation bearish

“Miners dumping $KAS for $BTC, $TAO… If you believe in decentralization, higher hash rate = stronger network.”
– @Crypt0_Titan (8.3k followers · 6.9k impressions · 2025-06-19 03:31 UTC)
View original post
What this means: Bearish short-term – miner sell pressure (network emission down 5% monthly) could extend KAS’s -14.76% 30d price slump.

Conclusion

The consensus on $KAS is mixed – bullish on tech/accessibility vs bearish on miner exits and $0.08 resistance. Watch the August 31 Casplex L2 smart contract launch for signals of developer traction. Will faster blocks translate to faster adoption?

What is the latest update in KAS’s codebase?

TLDR

Kaspa's codebase advances focus on scalability and smart contract readiness.

  1. Smart Contract Activation (31 August 2025) – Casplex L2 integration enables DeFi/NFT development.

  2. Crescendo Hardfork (Q2 2025) – Block speed increased to 10/sec via Rust migration.

  3. Mining Optimization (June 2025) – GhostDAG protocol upgrades boosted miner efficiency.

Deep Dive

1. Smart Contract Activation (31 August 2025)

Overview: Kaspa activated smart contracts through the Casplex Layer 2 mainnet, enabling decentralized apps (dApps) like DeFi protocols and NFT platforms.

This upgrade marks Kaspa’s shift from a pure transactional layer to a programmable ecosystem. The Casplex L2 uses zk-Rollups to batch transactions off-chain while inheriting Kaspa’s security via periodic proofs. Developers can now deploy KRC-20 tokens and complex logic without congesting the base layer.

What this means: This is bullish for Kaspa because smart contracts expand use cases (e.g., lending, gaming) and attract developers, potentially increasing network activity and demand for KAS. (Source)

2. Crescendo Hardfork (Q2 2025)

Overview: The Crescendo upgrade migrated Kaspa’s codebase to Rust, increasing block production from 1 to 10 blocks per second.

This overhaul improved node synchronization speed and reduced latency. The Rust implementation also enhanced security and developer accessibility, allowing easier contributions to Kaspa’s open-source ecosystem.

What this means: This is neutral-to-bullish because faster blocks improve user experience (near-instant transactions) but require miners and node operators to update infrastructure. (Source)

3. Mining Optimization (June 2025)

Overview: Protocol tweaks to Kaspa’s GhostDAG consensus reduced orphaned blocks and improved ASIC efficiency by up to 30%.

These changes minimized reward variance for miners and stabilized network hashrate. Private pools like Kasrate reported 15–30% higher profitability post-upgrade, incentivizing long-term mining participation.

What this means: This is neutral for Kaspa because while it secures the network by retaining miners, it doesn’t directly impact end-user functionality. (Source)

Conclusion

Kaspa’s codebase evolution prioritizes scalability (10 BPS blocks) and ecosystem growth (smart contracts), balancing miner incentives with developer-friendly infrastructure. With Layer 2s now live, can Kaspa attract Ethereum-caliber dApps while maintaining its PoW decentralization ethos?

What is next on KAS’s roadmap?

TLDR

Kaspa's development continues with these milestones:

  1. Kaspa Community Conference (13 September 2025) – Showcasing network advancements and ecosystem growth.

  2. Smart Contract Integration (Q4 2025) – Enabling DeFi and dApp development via Casplex Layer 2.

  3. DAGKNIGHT Protocol Upgrade (2026) – Scalability-focused consensus mechanism overhaul.


Deep Dive

1. Kaspa Community Conference (13 September 2025)

Overview: The inaugural Kaspa Experience conference in Berlin will highlight technical advancements, including real-time transaction finality (10 blocks/second) and developer tools for smart contracts. Core contributors and ecosystem projects like PPKAS (gaming) and Kaskad (wallet) will demonstrate use cases.
What this means: Bullish for adoption, as institutional and developer traction could accelerate network utility. Risks include delayed ecosystem growth if partnerships underdeliver (source).

2. Smart Contract Integration (Q4 2025)

Overview: Following the Casplex Layer 2 rollout in July 2025, full smart contract functionality is expected by late 2025. This will support DeFi protocols, NFT platforms, and cross-chain interoperability tools like KRC-20 tokens.
What this means: Bullish for utility, as programmable contracts could attract developers and liquidity. However, competition from Ethereum L2s and Solana poses adoption risks (source).

3. DAGKNIGHT Protocol Upgrade (2026)

Overview: A long-term upgrade replacing GHOSTDAG with the DAGKNIGHT consensus mechanism aims to optimize latency and Byzantine fault tolerance. This research-driven change targets 50+ blocks/second scalability.
What this means: Neutral-to-bullish for tech credibility, but implementation risks exist due to the complexity of overhauling core consensus rules. Success could position Kaspa as a leader in high-frequency settlement (source).


Conclusion

Kaspa’s roadmap balances near-term ecosystem growth (conference, smart contracts) with foundational upgrades (DAGKNIGHT). While technical execution remains critical, these steps could solidify its niche as a scalable PoW layer-1. Will Casplex-driven dApps gain traction against established L2 rivals?

CMC AI can make mistakes. Not financial advice.