Should You Buy Kaspa in 2025?

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At HelloSafe, our expert has been closely monitoring the trends of Kaspa cryptocurrency for over three years. Every month, hundreds of thousands of users in Canada rely on us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Kaspa or received any compensation from entities related to its ecosystem.

Kaspa in brief

How much does 1 Kaspa cost?

The price of Kaspa is trending down this week. As of today, Kaspa is trading at approximately CA$0.12, representing a 4% drop over the last 24 hours and a 17% decline over the past week. The current market capitalization stands at around CA$3.15 billion, with an average 3-month daily trading volume near CA$55 million. Kaspa maintains the #40 spot in the crypto market by capitalization, with roughly 26.27 billion tokens in circulation and a market dominance of about 0.18%. The recent volatility highlights both opportunities and risks for Canadian investors interested in this dynamic digital asset.

Our complete review of the Kaspa cryptocurrency

Have we reached a pivotal turning point for Kaspa after its recent volatility, or is this just another oscillation in an already dynamic crypto landscape? Drawing upon the latest three-year trends in Kaspa’s price action, adoption metrics, and technological evolution—combined through proprietary algorithms that incorporate on-chain analytics, technical signals, market structure, and competitive intelligence—our investigation surfaces critical insights for forward-thinking investors. So, why might Kaspa once again emerge in 2025 as a compelling strategic entry point within the high-performance Layer-1 blockchain arena?

Performance, Recent Price Action & Market Context

Recent Price Evolution

Kaspa (KAS) currently trades around $0.088 USD (June 2025), following a sharp retracement from its all-time high of $0.21 in 2024. Over the last 12 months, KAS has corrected approximately 49.66%, underperforming many peer Layer-1s, and recently slid 17% over the past week amid sector-wide pressure. This significant drawdown follows a strong run-up, which saw the project briefly outpace key ecosystem benchmarks during bullish market cycles.

Positive Recent Catalysts

Despite short-term volatility, major positive events underpin Kaspa’s medium-term narrative:

• "Crescendo" Protocol Upgrade (May 2025): Enhanced network throughput (10 blocks/sec), codebase overhaul (Golang → Rust), reinforced decentralization and performance, and set the stage for new dApp and DeFi integrations.
• Broadened Exchange Coverage: New major listings (Kraken, Bybit, KuCoin, Gate.io), providing KAS with top-tier liquidity and increased institutional access.
• Wallet & Accessibility Options: Now supported by several leading wallet providers—across web, mobile, and hardware solutions—enabling broader user reach.

Macro & Sectoral Tailwinds

Kaspa’s development coincides with renewed investor appetite for modular Layer-1 solutions as on-chain demand shifts from “old-generation” blockchains to new, highly scalable, energy-efficient competitors. With increased migration of grassroots developer teams and community-run infrastructure, projects with next-gen consensus mechanisms like Kaspa are being revisited by sophisticated market participants.

Technical Analysis

Key Crypto Indicators

• Relative Strength Index (RSI):
• 14-day RSI: 42.4 (mildly bearish, but no longer overbought).
• Alternative RSI: 26.0 (deep oversold—the lowest since Q1 2023), historically preceding significant rebounds.
• MACD: Divergent signals; some early bullish crossovers are forming in shorter timeframes, although confirmation on higher timeframes is still pending.
• Support & Resistance:
• Major Supports: $0.085, $0.08, $0.075; absolute floor at $0.06.
• Key Resistances: $0.095 (short-term pivot), $0.10, $0.105 and $0.11 (medium-term breakout level).

Structure & Momentum

KAS is now consolidating just above its multi-month base, with price action forming higher lows following the mid-May capitulation. Oversold momentum indicators and fast-approaching moving average inflections suggest that the token may be forming the foundation for a reversal towards key resistance clusters. Historical price structure implies that sustained closes above $0.10 would trigger a new phase of buying interest, possibly catalyzing renewed uptrend cycles.

• Potential Technical Bullish Triggers:
• RSI recovery above 45–50 zone.
• MACD turning positive on daily, then weekly charts.
• Breakout above $0.10 confirming new momentum.

Fundamental Analysis

Adoption & Ecosystem Growth

Kaspa’s blockDAG architecture offers a genuinely differentiated infrastructure versus incumbent PoW blockchains (e.g., Bitcoin, Litecoin):

• Scalability: Network processes 10 blocks/sec (5–10x faster than most top-50 Layer-1s), ideal for high-throughput dApps, instant payments, and DeFi use cases.
• Decentralization: One of the very few blockchains launched with no premine, no VC allocation, and a purely community-driven funding model.
• Energy Efficiency: New kHeavyHash algorithm maintains high security with reduced power consumption—a compelling narrative amidst escalating ESG scrutiny.

Kaspa’s developer base and community are notably active on GitHub and in user-led governance forums (contrasting sharply with stagnation in some rival ecosystems). Strategic integrations, like Topper for direct fiat onramps, and a growing suite of DeFi primitives, are further embedding Kaspa into real economy applications.

Market Valuation

• Market cap: c.$2.31B—placing KAS among the top 40 cryptos globally.
• Fully Diluted Valuation (FDV): slightly higher, but dilution risk remains contained thanks to a nearly-maxed circulating supply (26.3B/28.7B KAS).
• Liquidity: Daily trading volumes consistently reach $37–42M, ensuring order execution and supporting market depth even on sharp moves.
• Relative Undervaluation: Despite advanced technical metrics and vibrant ecosystem, KAS’s market cap remains significantly below more entrenched (and arguably less innovative) Layer-1 competitors. This potential “value-gap” is frequently highlighted by institutional allocators seeking asymmetric opportunities.

Structural Strengths

• Unique Technological Edge: Kaspa is the only pure Proof-of-Work blockDAG live at scale.
• Community-led Resilience: Bottom-up governance ensures alignment with end-users and grassroots developers.
• Ongoing Protocol Enhancement: The recent Rust rewrite unlocks further composability and cross-chain extensibility, a frequent weakness among early PoW blockchains.

Volume & Liquidity

Strong spot and derivatives liquidity—propelled by major listings—provides reassurance to both tactical and strategic investors. Notably, Kaspa’s volume-to-market cap ratio often exceeds sector averages, indicative of healthy turnover and reduced slippage risk.

• Dominance: KAS increasingly appears in top-15 traded assets during high-volatility periods; this heightened market presence signals advancing institutional interest and broader price discovery.

Positive Catalysts & Forward Outlook

• Protocol Enhancements: Further upgrades—especially around dApp composability and speed—are expected over the next 6–18 months.
• DeFi Ecosystem Growth: Partnerships and toolkits are laying groundwork for a Kaspa-native DeFi surge.
• Exchange Integrations: Potential new institutional-grade listings (Binance, Coinbase?) would drive liquidity and mainstream awareness.
• Favorable Regulatory Trends: Rising acceptance of PoW chains (with clear ESG positioning) may spur new categories of institutional buyers shut out from less efficient blockchains.

Investment Strategies by Horizon

Short Term (0–6 months):

• Technical Rebound Potential: Current oversold conditions offer a window for agile entries; swing positions may benefit from a break above $0.10 towards $0.11–0.13, provided support at $0.085 holds.
• Event-Driven Opportunities: Monitor newsflow around next-round exchange listings or new DeFi launches, as these often precede sharp price spurts.

Medium Term (6–24 months):

• Protocol Adoption Curve: Exposure here targets alpha from ecosystem growth, especially as the blockDAG structure attracts more developers and DeFi TVL.
• Positioning Ahead of Catalysts: Layer in allocations on technical retracements or during consolidation phases below major resistance, to optimize risk/reward.

Long Term (2–5 years):

• Structural Bet: For conviction holders, Kaspa presents an attractive thesis as a “future-proof” PoW infrastructure chain. The limited emission schedule, near-maximum circulating supply, and robust community model may underpin enduring value as network utility and real-world integrations expand.
• Compounding Returns: Historically, early entrants in next-gen Layer-1s often benefit from nonlinear upside as network effects and liquidity deepen.

Kaspa Price Predictions

Is Now the Right Moment to Consider Kaspa?

Summary of Strengths:

• Technological Primacy: Only Layer-1 running scalable blockDAG Proof-of-Work with live mainnet.
• Community Alignment: Fair launch, open-source development, and grassroots funding model foster resilience.
• Robust Market Position: Large cap, strong liquidity, healthy exchange roster, and expanding DeFi/tooling ecosystem.
• Recent Protocol Upgrades: The “Crescendo” update marks a step-function improvement in transaction speed, throughput, and long-term scalability.

Optimistic Outlook & Conviction:

While Kaspa remains highly volatile and is not without risk, its convergence of scalable technology, decentralization, and growing ecosystem adoption presents an unusually attractive entry profile in the current market environment. The convergence of oversold technicals, undervalued market cap, and imminent ecosystem catalysts collectively justify a renewed focus from forward-looking investors.

Kaspa could well be entering a new bullish phase, with the most compelling opportunities likely to materialize for those able to position ahead of the next wave of adoption and protocol milestones. In our view, the current technical base, combined with clear roadmap execution and increasing institutional attention, makes Kaspa an asset that justifies renewed strategic attention for diversified crypto portfolios.

Kaspa remains a high-volatility cryptocurrency that offers excellent opportunities for dynamic investment, while requiring disciplined risk management. The recent acceleration in price demonstrates Kaspa’s capacity for swift, powerful moves—yet as the macro context evolves, selectivity will be key. Key technical levels to monitor are $0.085 as immediate support and $0.11 as breakout resistance. The upcoming protocol update, targeted for H2 2025, could serve as a critical catalyst for Kaspa’s trajectory.

How to buy Kaspa?

Purchasing the Kaspa cryptocurrency (KAS) online is simple and secure when you use a regulated crypto platform. Investors have two main ways to buy KAS: through spot purchase (owning the coins directly in a wallet) or via crypto CFDs (trading on price movements without owning the actual coins). Each method offers unique benefits and risks in terms of fees, flexibility, and exposure. If you’re not sure which is right for you, you’ll find a detailed platform comparison further down on this page to help you make an informed choice.

Spot Purchase: Owning Kaspa Directly

When you buy Kaspa at “spot,” you become the actual owner of the coins, which are then stored in a crypto wallet (hosted by the platform or your own). This is the most straightforward way to invest in crypto. Typical fees on Canadian platforms are a fixed transaction commission, often around 0.5–2% per order, charged in CAD.

Important example

For example:
Suppose Kaspa is trading at $0.12 CAD per KAS. With an investment of $1,000 CAD, you can purchase about 8,250 KAS coins after accounting for an estimated $5 CAD transaction fee.
✔️ Gain scenario:
If the price of Kaspa rises by 10%, your holdings now total $1,100 CAD.
Result: +$100 CAD gross gain, or +10% return on your investment.

Trading Kaspa via CFDs

CFDs (Contracts for Difference) allow you to speculate on the price of Kaspa without owning the coins. With CFDs, you can benefit from price movements in either direction and often apply leverage, but you pay a spread (difference between buy and sell price) plus overnight financing fees if you keep your position open.

Example with Leverage

Example with Leverage:
You open a Kaspa CFD position with $1,000 CAD at 5x leverage. Your market exposure is now $5,000 CAD.
✔️ Gain scenario:
If Kaspa’s price increases by 8%, your position gains 8% × 5 = 40%.
Result: +$400 CAD gain on your initial $1,000 (excluding fees).

Final Tips Before Investing

Always compare fees, spreads, and trading conditions across platforms before making a purchase—small differences can significantly impact your returns. Your selection should align with your investment goals and experience: direct spot buying is ideal for long-term holders, while CFDs may suit more active or experienced traders. For detailed fee comparisons and platform features, check the comprehensive comparison tool further down this page.

Our 7 tips for buying Kaspa

The latest news from Kaspa

Kaspa’s successful “Crescendo” network upgrade delivers 10x block throughput and stronger performance for all users. This significant technical milestone, completed in late May 2025, brings Kaspa's network to 10 blocks per second with near-instant confirmation times, thanks to a complete rewrite from Golang to Rust. The upgrade strengthens scalability and user experience for both retail and institutional participants, directly supporting rapid transaction processing in high-demand environments. This positions Kaspa as a leading scalable Proof-of-Work blockchain with immediate benefits for platforms and users in Canada who rely on speed and efficiency for trading, mining, or application deployment.

Major Canadian exchanges Kraken and KuCoin continue to support high-liquidity KAS/USDT and KAS/USD trading pairs. Canadian residents can seamlessly access, trade, and withdraw Kaspa tokens on these top-tier exchanges, which are compliant with local regulations and widely used within the country. A robust 24-hour trading volume between $37-$42 million confirms ongoing interest and participation from both Canadian retail investors and professional market participants.

Regulatory clarity remains strong for Kaspa trading in Canada, with KAS classified as a digital asset under existing frameworks. Canadian authorities, including the CSA and FINTRAC, allow trading of Kaspa on registered platforms. Taxable events apply for gains and losses, but no new restrictions or warnings have been issued regarding Kaspa over the past week, reinforcing confidence among investors and compliance teams in the market’s legitimacy.

Kaspa’s integration with Topper enables Canadians to purchase KAS instantly with CAD, simplifying local fiat gateways. This partner integration, cited as live over recent weeks, allows direct buy-ins using Canadian dollars, supporting grassroots adoption and user growth in the country. It also lowers the barrier for new entrants and affirms Kaspa’s commitment to fostering frictionless crypto-to-fiat experiences tailored for Canadian users and fintech participants.

Positive sentiment emerges from the developer and open-source community following Kaspa’s migration to a fast, Rust-powered codebase. Canadian developers and blockchain professionals have highlighted the project’s commitment to a decentralized, community-driven approach with transparent governance. The shift to a modern codebase opens opportunities for local developers to contribute efficiently, builds resilience and network trust, and has attracted new interest from Canadian blockchain startups seeking next-generation, scalable infrastructure.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.