Should You Buy Kaspa in 2025?

Why trust HelloSafe?

At HelloSafe, our expert has been closely monitoring Kaspa cryptocurrency trends for over three years. Every month, hundreds of thousands of users across South Africa rely on us to analyse 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 charter, HelloSafe has never purchased Kaspa nor received any compensation from entities associated with its ecosystem.

Kaspa in brief

How much does 1 Kaspa cost?

The price of Kaspa is up this week. As of today, Kaspa (KAS) trades at approximately R1.60, showing a 4.14% increase over the past 24 hours and a 3.8% rise over the last week. The market capitalization stands at about R42.1 billion, with an average daily trading volume of R835 million in the past three months. Kaspa holds the #40 spot by market cap globally, with 26.28 billion KAS tokens in circulation—representing almost 91.6% of its total possible supply—and commands about 0.20% of the total crypto market. As with all cryptocurrencies, Kaspa’s price can be highly volatile, so staying informed is key to navigating its investment potential.

Our complete review of Kaspa crypto

Have we truly grasped the unique momentum building on Kaspa’s network, after examining both its on-chain activity and price action across the last three years? Leveraging proprietary algorithms, we’ve merged technical indicators, real-time market data, and a comparative sector analysis to uncover early signals of structural upside. So, why could Kaspa once again present a strategic entry point to the Layer 1 blockchain ecosystem in 2025?

Recent Performance and Market Context

Recent Price Evolution

Kaspa (KAS) has demonstrated notable resilience and outperformance within the competitive Layer 1 space. As of 7 June 2025, KAS is trading at $0.08645, reflecting a robust +50.1% gain year-over-year—a significant outlier compared to the broader crypto market’s more volatile cross-cycles. Intraday volatility remains attractive for traders (+4.14% over 24 hours; +3.8% on the week), with deep liquidity illustrated by a daily volume of $45.05 million.

While the current price remains 58.3% below Kaspa’s all-time high of $0.2075 (August 2024), the recent technical base-building phase has stabilized around the $0.083 support, hinting at strong hands accumulating through the base.

Positive Catalysts and Macro Tailwinds

Kaspa’s trajectory has been powered by several high-impact, bullish events:

• Crescendo Hard Fork (May 2025): The upgrade catapulted block production speeds from 1 to 10 blocks/sec, translating to a 10x scale-up in transaction throughput—critical for DeFi and real-world uses.
• Growing On-chain Locking: With over 70% of KAS supply locked by holders, supply-side pressure is mitigated, contributing to price stability and longer-term investor confidence.
• Optimistic Sentiment: A remarkable 80% of online community sentiment now trends bullish, reflecting sustained positive momentum since the hard fork.

Strategically, the overall macro environment remains conducive for quality Layer 1 assets. With institutional players seeking scalable, energy-efficient alternatives, the increasing shift toward differentiated blockchains like Kaspa is evident, especially amid persistent Ethereum congestion and a renewed search for next-gen POW networks.

Technical Analysis

Key Crypto Indicators

• Relative Strength Index (RSI): Following last month’s rally post-upgrade, Kaspa’s RSI is oscillating near 55–60. This zone typically signals healthy momentum, without overbought excess—a positive set-up for further upside.
• MACD: The MACD line has recently crossed above its signal line on the weekly chart, confirming a bullish shift in trend and setting the stage for a medium-term rally.
• Moving Averages: KAS is operating above its 50-day moving average, while the 200-day MA acts as a magnet for longer-term buyers; the current compression often prefaces trend acceleration, particularly following protocol upgrades.

Support and Bullish Reversal Signals

• Support: The $0.083 level—recent 24h low and technical pivot—now acts as a solid accumulation base widely monitored by market participants.
• Resistance: Initial resistance sits at $0.088; a confirmed breakout above this may trigger momentum acceleration towards secondary resistance bands.
• Short/Mid-Term Structure: Price structure indicates a robust accumulation phase, with converging technicals (RSI/MACD/MAs) suggesting a high-probability launchpad for the next leg up.

Fundamental Analysis

Adoption and Ecosystem Growth

Kaspa’s fundamentals are characterized by:

• Strong Adoption Underpinned by “Fair Launch”: The absence of pre-mining or initial coin offering means no large insider overhang, preserving decentralization and grassroots growth.
• Community & Decentralization: Governance is open-source and community-driven, bolstering credibility and long-term development agility.
• Developer Engagement: Ongoing Layer 2 construction, smart contract enablement, and decentralized apps (dApps) initiatives showcase a rapidly maturing ecosystem trading at a relative discount.

Attractive Valuation Metrics

• Market Capitalization: $2.27B places KAS among the top 40—yet its fully diluted valuation remains compelling, considering technological and adoption benchmarks versus peers (e.g., other POW Layer 1s).
• Circulating Supply: Over 91% of total supply is already on the market, limiting future dilution and enabling greater predictability for valuation models.
• TVL Potential: With Layer 2 and DeFi coming online, KAS is strategically positioned for a TVL (Total Value Locked) surge over the next cycle.

Structural Advantages

• BlockDAG Architecture: Uniquely merges security, decentralization, and high throughput—delivering practical scalability, a critical differentiator in the Layer 1 contest.
• GHOSTDAG Protocol: Provides parallel block coexistence, resolving key bottlenecks in blockchain settlement finality.
• Deflationary Emission Curve: The innovative, music-theory-inspired emission schedule means rewards decrease predictably, aligning incentives and supporting long-term price appreciation.
• Liquidity: High daily trading volumes—across leading platforms (Gate.io, MEXC, KuCoin, Bybit, Kraken)—ensure deep pools for both traders and institutional flows.

Market Positioning

KAS’s current market rank, liquidity profile, and grassroots-driven supply dynamics reinforce its growing dominance within the next-generation Layer 1 cohort.

Catalysts and Positive Outlook

Imminent Protocol Upgrades & Ecosystem Growth

• Smart Contract Layer 2: The scheduled roll-out of full smart contract functionality is a high-impact catalyst; initial developer interest and testnet activity point to a substantial increase in utility.
• New Institutional-Grade Integrations: Exchanges and infrastructure providers are observing heightened institutional inquiries, driven by Kaspa’s performance and upcoming milestones.
• Scalability Roadmap: Ambitious targets (100 blocks/sec long-term) and proven delivery of past upgrades build credibility for continued acceleration.

Favourable Regulatory and Sectoral Winds

• US and Global Regulatory Clarity: Kaspa benefits from transparency in token distribution (“fair launch,” no ICO/pre-sale), making regulatory risk lower than many competitors—especially in the context of heightened SEC activity.
• Real-world Use Cases: Ongoing pilot integrations in micro-payments, low-latency gaming, and decentralized finance position Kaspa for outsized utility-driven adoption.

Investment Strategies

Short-Term Outlook

• Technical Set-up: The proximity to multi-month support ($0.083) reduces downside risk for tactical entries. Bullish momentum indicators suggest a window for swing trades or tactical positioning as Layer 2 headlines approach.

Medium-Term Outlook

• Catalyst Play: Investors seeking mid-cycle exposure could leverage entry during periods of consolidation—particularly ahead of the anticipated protocol unlocks (smart contract, DeFi, and rising exchange listings).

Long-Term Outlook

• Structural Hold Thesis: For long-term portfolios, Kaspa’s fundamentals—proven developer delivery, emission predictability, and surging ecosystem activity—build a compelling case for strategic allocation as a potential “next breakout Layer 1.” Disciplined accumulation on dips, or pre-upgrade runs, could be an ideal approach.
• Ideal Positioning: Trend-followers may focus on sustained closes above resistance ($0.088), while value-driven allocators could accumulate on retests of support or during periods of sector-wide risk-off.

Kaspa Price Forecast

Is Now the Right Time to Consider Kaspa?

Key Strengths Recap

• Clear technical setup with well-defined support and bullish signals
• Highly innovative BlockDAG architecture and proven protocol execution
• “Fair launch” supply dynamics and high on-chain holder engagement mitigate dilution risks
• Deep, liquid markets and robust year-over-year price outperformance
• Multiple high-impact catalysts ahead—including smart contract Layer 2 and ecosystem expansion
• Positive regulatory and macro backdrop benefiting decentralized Layer 1s

Optimistic Outlook and Investment Conviction

The convergence of on-chain adoption, protocol innovation, and a renewed focus on scalable Layer 1s positions Kaspa among the most attractive opportunities in today’s digital asset landscape. With its strong foundation, compelling risk/reward profile, and schedule of upcoming milestones, Kaspa could well be at the dawn of a new structural uptrend in the blockchain sector. While volatility inherent to the crypto market persists, the technical, fundamental, and sentiment dynamics all point to a period where renewed attention to Kaspa seems thoroughly justified—especially for investors focused on asymmetric opportunity in the coming cycle.

Kaspa remains a dynamic digital asset with significant upside potential—its recent price consolidation supported by robust fundamentals, strong liquidity, and a pipeline of major protocol catalysts. Vigilant risk management is key, but all indicators suggest that Kaspa could be entering a new phase of value creation for crypto portfolios seeking differentiated Layer 1 exposure.

Key technical levels to watch are $0.083 as immediate support and $0.088 as the first resistance threshold. The anticipated protocol update in Q4 2025 stands out as a possible pivotal event for Kaspa’s further evolution.

How to buy Kaspa?

It’s simple and secure to buy Kaspa (KAS) online from South Africa using a regulated exchange platform. Investors can choose between two main methods: buying spot (where you own the Kaspa coins directly and store them in a crypto wallet), or trading via crypto CFDs (Contract for Difference), which lets you speculate on Kaspa’s price movement without owning the actual coin. Both routes are accessible and can be funded in rand (ZAR) on major platforms. To find the most suitable provider for your needs, see our detailed platform comparison further down this page.

Spot Purchase of Kaspa

A spot purchase means you buy actual Kaspa coins at the current market price and hold them in your own crypto wallet—either on the exchange or in a private wallet you control. Spot trading on exchanges often charges a fixed commission per transaction, typically ranging from 0.1%–0.25%, plus possible withdrawal fees.

Example

Suppose the Kaspa price is $0.08645 (about R1.60), and you invest R19,000 (roughly $1,000).

• You can buy approximately 11,875 KAS (R19,000 ÷ R1.60).
• With an estimated transaction fee of R100, you receive about 11,812 KAS in your wallet.

✔️ If Kaspa’s price rises by 10%, your invested amount grows to R20,900.

Net gain: +R1,900 (about +10% on your initial investment).

Trading Kaspa via CFDs

Trading Kaspa via CFD means you do not own the coins; instead, you speculate on its price rising or falling, using leverage if you wish. CFD trading platforms typically deduct a spread (the difference between buy/sell price), and charge an “overnight fee” if your position stays open past one day.

Example

You open a Kaspa CFD position with R19,000, using 5× leverage:

• You control exposure of R95,000 worth of KAS.
• If Kaspa rises by 8% while your position is open, your gain is 8% × 5 = 40% (excluding fees).
• This results in a profit of R7,600 (40% × R19,000), before transaction costs.

Note: Fees and risks are higher with leverage and overnight holding charges can reduce profit.

Final Tips

Before you buy Kaspa, it’s essential to compare platform fees, deposit/withdrawal methods, and terms. Consider your goals and experience: spot buying suits those who wish to own and hold, while CFDs suit more active or speculative traders. A full comparison of exchanges and platforms to buy Kaspa in South Africa is available below on this page. Always choose according to what fits your investor profile best.

Our 7 tips for buying Kaspa

The latest news from Kaspa

Kaspa’s recent ‘Crescendo’ hard fork has massively upgraded its block production speed and scalability. In May 2025, Kaspa completed its expected major ‘Crescendo’ upgrade, increasing block production from 1 to 10 blocks per second—a tenfold jump. This innovation directly translates into a tenfold increase in transaction throughput, significantly enhancing Kaspa’s capacity to process high volumes and maintain fast confirmation times. The change bolsters the network’s positioning as a scalable Layer 1 blockchain and is especially relevant for regions such as South Africa, where growing crypto adoption fuels demand for fast, low-cost transactions, opening pathways for local fintech integrations and payment use cases.

Kaspa’s market performance has been robust, reflecting renewed optimism and attracting fresh liquidity amid global crypto recovery. Over the past week, Kaspa’s price has advanced by 3.8%, and the daily trading volume remains healthy—over $45 million on average—with the token ranking #40 by market capitalization. The asset has also registered a 50% gain year-on-year, with roughly 91.5% of total supply in circulation, and an estimated 70% of the tokens reportedly locked by holders—a strong sign of investor confidence and network stability. Such signals have a direct impact on South African institutional and retail investor appetite: local exchanges report steady demand, and South Africa’s robust peer-to-peer market structure enables wide access to KAS across global platforms such as KuCoin and Kraken, both of which are operational in the country.

Kaspa’s unique ‘fair launch,’ decentralized architecture, and deflationary emission model continue to build trust among African crypto communities. The absence of any pre-mining, pre-sale, or centralized coin allocation distinguishes Kaspa from some competitors and resonates strongly with the South African crypto ethos, where transparency and decentralization are highly valued due to past regional incidents of fraud. The project’s open-source code and community-driven governance ensure maximum inclusiveness; the local mining community has shown interest in Kaspa’s k-Heavyhash algorithm, which is compatible with readily available hardware and aligns with South Africa’s focus on democratized mining and digital self-sovereignty.

Kaspa’s ongoing development of Layer 2 solutions and active smart contract initiatives promise potential ecosystem growth relevant for ZA markets. R&D efforts targeting Layer 2 functionalities and smart contract deployment are progressing, aiming to leverage Kaspa’s innovative BlockDAG architecture. These features are expected to attract developers and projects looking for scalable alternatives to traditional Ethereum-based infrastructure, aligning well with the surge of blockchain-based startups and pilot programs in the South African tech ecosystem. Enhanced scalability and programmability position Kaspa as a viable option for fintech innovation, digital identity, and DeFi projects in Southern Africa.

Sentiment around Kaspa remains distinctly bullish, supported by a solid community and strategic momentum post-upgrade. Across global and regional online forums, over 80% of community sentiment has been positive in the wake of the recent upgrade, with numerous African crypto influencers acknowledging Kaspa’s advances in speed, security, and decentralization. Analysts see sustained interest from South African investors, especially as the regulatory climate in ZA has trended more crypto-friendly since mid-2024, reducing perceived barriers for institutional participation and increasing the likelihood of further local adoption and partnership potential within the year.

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.