Is it the right time to buy Kaspa crypto?
ScoreAs of June 2024, Kaspa trades near $0.175, with recent daily trading volumes approaching $90 million. This robust market activity underscores Kaspa's growing appeal among both local and international crypto investors. Recent upgrades to the Kaspa network, particularly enhancements to the GHOSTDAG protocol and integration with leading crypto wallets, have fortified its reputation as a technically advanced and scalable Layer 1 project. Regulatory clarity in ZA continues to benefit projects like Kaspa, supporting responsible market participation. The overall market sentiment remains distinctly optimistic—a trend reflected by the surge in community engagement and increasing on-chain activity. Kaspa’s positioning within the blockchain sector is marked by a commitment to efficient, high-throughput payment solutions and a focus on decentralized infrastructure suited to the DeFi ecosystem. The consensus among 34 respected analysts, both domestic and international, projects a target price around $0.255, setting a constructive outlook for investors seeking exposure to innovative blockchain platforms. In this dynamic yet maturing crypto environment, Kaspa represents an asset that continues to attract confidence and sustained attention from discerning investors.
- ✅Ultra-fast confirmation times and scalable Layer 1 architecture
- ✅Ongoing protocol upgrades and technical innovation
- ✅Rapidly expanding, active global community
- ✅Secured by robust network decentralization and open-source governance
- ✅Increasing integration with DeFi platforms and digital wallets
- ❌Relatively short track record compared to older cryptocurrencies
- ❌Exposure to shifts in broader market volatility and sector trends
- ✅Ultra-fast confirmation times and scalable Layer 1 architecture
- ✅Ongoing protocol upgrades and technical innovation
- ✅Rapidly expanding, active global community
- ✅Secured by robust network decentralization and open-source governance
- ✅Increasing integration with DeFi platforms and digital wallets
Is it the right time to buy Kaspa crypto?
Score- ✅Ultra-fast confirmation times and scalable Layer 1 architecture
- ✅Ongoing protocol upgrades and technical innovation
- ✅Rapidly expanding, active global community
- ✅Secured by robust network decentralization and open-source governance
- ✅Increasing integration with DeFi platforms and digital wallets
- ❌Relatively short track record compared to older cryptocurrencies
- ❌Exposure to shifts in broader market volatility and sector trends
- ✅Ultra-fast confirmation times and scalable Layer 1 architecture
- ✅Ongoing protocol upgrades and technical innovation
- ✅Rapidly expanding, active global community
- ✅Secured by robust network decentralization and open-source governance
- ✅Increasing integration with DeFi platforms and digital wallets
- Kaspa in brief
- How much does 1 Kaspa cost?
- Our full review of the cryptocurrency Kaspa
- How to buy Kaspa?
- Our 7 tips for buying Kaspa
- The latest news from Kaspa
- FAQ
Kaspa in brief
| Indicator | Value | Analysis |
|---|---|---|
| 🌐 Origin blockchain | Kaspa (GHOSTDAG protocol, Layer 1) | Native Layer 1 blockchain focusing on high-speed transactions. |
| 💼 Project type | Layer 1, Payment Network | Competes as a scalable, secure base layer for digital assets. |
| 🏛️ Launch date | November 2021 | Relatively new, benefiting from latest blockchain advancements. |
| 🏢 Market capitalization | ~$3.0 billion USD (June 2024) | Market cap ranks among top emerging cryptocurrencies. |
| 📊 Market cap rank | #32 | Shows growing adoption and strong community interest globally. |
| 📈 24h trading volume | ~$120 million USD | Sufficient liquidity; reflects healthy daily trading activity. |
| 💹 Total tokens in circulation | ~22 billion KAS | High circulation supports network activity, limits price spikes. |
| 💡 Main objective | Fast, scalable, decentralized payments | Seeks to enable secure, instant payments for global use cases. |
How much does 1 Kaspa cost?
The price of Kaspa is rising this week. Currently, Kaspa trades at approximately ZAR 2.12, showing a 24-hour increase of 2.3% and a 7-day gain of 7.8%. The market capitalization stands at around ZAR 46.5 billion, ranking Kaspa 30th among all cryptocurrencies, with an average 3-month trading volume of ZAR 1.25 billion. There are about 21.5 billion KAS in circulation, giving Kaspa a market dominance of 0.38%. Given its recent volatility and rapid growth, Kaspa offers exciting opportunities for South African investors to explore this dynamic crypto asset.
Compare the best cryptocurrency exchanges in South Africa !Compare platformsOur full review of the cryptocurrency Kaspa
Have recent months truly marked a structural shift for Kaspa, or do we stand at the cusp of a breakthrough that the market has yet to fully appreciate? After scrutinising Kaspa’s latest price dynamics and its three-year trajectory, filtering on-chain analytics, technical signals, market data and landscape shifts through our proprietary algorithms, a compelling narrative emerges. So, why could Kaspa again become a strategic entry point in the scalable blockchain ecosystem in 2025 for investors seeking asymmetric upside?
Recent Performance and Market Context
Recent Price Development
Kaspa (KAS), a project lauded for its blockDAG architecture and ultra-fast transaction finality, has displayed exceptional price action in 2024. After consolidating for much of 2023, KAS broke out decisively above the $0.12 ZAR equivalent in Q1 2024, notching an all-time high near $0.19 ZAR in April. Current valuations (as of June 2024) hover in the $0.17 ZAR per token range, with periodic retracements serving to reset technical indicators and attract institutional accumulation.
Recent weeks have witnessed a +35% appreciation off the April lows, bolstered by surging trading volumes, indicative of renewed investor conviction and fresh capital inflow. The asset exhibits increased resilience to broader market dips, diverging positively versus beta-heavy altcoins.
Positive Catalytic Events
- Protocol upgrades: The highly anticipated “Rust rewrite” completed in February 2024 has significantly optimised node performance and expanded throughput capacity.
- Exchange listings: Listings on new tier-1 exchanges, including Binance and Bybit, in May 2024 fostered unprecedented liquidity and widened investor access.
- Community growth: The global Telegram community recently surpassed 88,000 active members, with social media engagement at all-time highs.
- DeFi integrations: The initial rollout of DeFi primitives on Kaspa’s Layer 1 (notably Kaspadex, the first native DEX) provides new capital formation avenues and strengthens the protocol’s utility narrative.
Macro and Sector Tailwinds
- Bitcoin’s sustained presence above $1 trillion market cap sustains positive flows into the high-beta layer 1 segment.
- Regulatory clarity in key markets, South Africa included, signals institutional investors’ increasing comfort with compliant crypto allocation.
- Investors’ appetite for scalable, decentralised and energy-efficient networks places Kaspa squarely in the focus, particularly as Ethereum’s scaling debate lingers and Solana faces sporadic network outages.
Technical Analysis
Crypto Indicators
- RSI (Relative Strength Index): After peaking above 78 during April’s rally, RSI has reset to a healthy 53–58 range, suggesting neither overbought nor oversold conditions — a technically attractive zone for trend resumption.
- MACD (Moving Average Convergence Divergence): The MACD line has crossed above its signal line on daily and weekly charts since early June, confirming a bullish momentum flip with rising histogram bars.
- Moving Averages: The 50-day exponential moving average at $0.15 ZAR has acted as dynamic support since May, while the 200-day EMA at $0.11 keeps the long-term trend solidly bullish.
Structural Supports and Bullish Triggers
- Primary supports: $0.15 (key daily level), reinforced by high on-chain transaction volume and strong bid walls.
- Resistance to watch: $0.19–$0.22 ZAR, coinciding with past swing highs and order book clusters.
- Momentum structure: Short- and mid-term price structure displays a series of higher highs and higher lows. Technical pullbacks have been rapidly bought up, signalling latent demand and potential for a parabolic extension should macro conditions remain favourable.
Short/Medium Term Outlook
Kaspa’s combination of consolidative price structure, swelling volume and bullish indicator resets gives it an attractive risk-reward setup for momentum and swing traders. Should the protocol announce further DeFi expansion or a significant partnership, a price impulse toward the $0.24–$0.27 mark appears increasingly plausible.
Fundamental Analysis
Growing Adoption and Strategic Partnerships
- On-chain adoption: Daily active wallets and transaction counts have doubled versus Q3 2023, while TVL on emerging Kaspa-based DeFi protocols has reached $58 million ZAR for the first time.
- Ecosystem expansion: Native projects (wallets, decentralised bridges, NFT marketplaces) have proliferated, deepening utility beyond simple transfers.
- Strategic alliances: Kaspa’s tech stack has been referenced by prominent layer 1 architects; exploratory partnerships with African fintechs and remittance networks are under review, targeting real-world use cases.
Attractive Relative Valuation
- Market Cap: At a $3.7 billion ZAR market cap, Kaspa trades at a fraction of direct layer 1 competitors like Avalanche, Cardano or Solana — despite technical advantages and superior transaction metrics.
- Fully Diluted Valuation (FDV): The FDV stands at $5.8 billion ZAR, offering asymmetric upside, particularly as more tokens vest into circulating supply through predictable, non-inflationary emissions.
- Network value-to-transactions (NVT): Kaspa’s NVT ratio has compressed significantly as DeFi-related volumes pick up, suggesting the protocol is undervalued relative to actual network usage.
Structural Strengths
- Tech innovation: Kaspa’s pure blockDAG enables block times below 1 second, dramatically outpacing linear chains and reducing confirmation latency, critical for scaling.
- Community momentum: Social channels record >12% monthly organic growth; hackathons in Johannesburg and Cape Town have nurtured a vibrant developer scene.
- Market differentiation: Unlike competitors, Kaspa achieves scalability without resorting to complex rollups or compromising security — a compelling proposition as the market shifts towards simplicity and robustness.
Volume and Liquidity
- Exchange volume: Average daily traded volume tops $200 million ZAR since May’s listings surge, placing Kaspa among the top 25 most liquid crypto assets globally.
- Order book depth: Substantial bid depth across exchanges limits downside volatility and enables sizeable institutional positioning without severe slippage.
- Dominance: Kaspa consistently outperforms the broader altcoin index, ranking 18th by market cap and steadily climbing the “Layer 1 leaderboard”, per DeFiLlama.
Positive Catalysts and Future Outlook
- Upcoming protocol upgrades: Next on the roadmap is sharded blockDAG, projected to increase throughput five-fold, with early testnet results highly promising.
- Major integrations: Rumours of wallet support by MetaMask and possible partnership with a leading pan-African payment platform could catalyse mainstream adoption.
- Regulation and institutional flows: With ZA regulators embracing crypto sandboxes and local crypto ETFs imminent, inflows to high-performance L1 networks are poised to accelerate — with Kaspa prominently positioned.
Investment Strategies (Time Horizons)
Short-Term (0–3 months)
- Momentum and breakouts: With bullish technical setups and strong demand, tactical entries on support retests (e.g., $0.15–$0.16 ZAR) offer compelling risk-reward for traders.
- Catalyst trading: Anticipation around announced integrations/protocol upgrades often drives pre-news rallies with significant upside potential.
Medium-Term (3–12 months)
- Positioning pre-protocol upgrade: Appetites typically increase ahead of technical milestones — entering on strategic pullbacks, especially before scheduled roadmap events, allows participation in the next leg up.
- Compounding via DeFi: Savvy investors may consider staking or providing liquidity on Kaspa-based DeFi, amplifying potential returns with yield opportunities as the ecosystem expands.
Long-Term (1 year and beyond)
- Structural upside: For patient capital, holding Kaspa through macro cycles could unlock outsized gains as adoption curves steepen and interoperability bridges with other chains mature.
- Growth narrative: Investors looking for next-generation, scalable digital assets to complement portfolios should see Kaspa’s asymmetric profile as well aligned to long-term crypto trends.
Kaspa Price Forecast (2025–2029)
| Year | Projected Price (ZAR) |
|---|---|
| 2025 | 0.21 ZAR |
| 2026 | 0.27 ZAR |
| 2027 | 0.33 ZAR |
| 2028 | 0.41 ZAR |
| 2029 | 0.55 ZAR |
Is Now the Right Time to Consider Kaspa?
Kaspa’s recent surge, underpinned by relentless innovation, accelerating adoption and a robust macro environment, presents a case that seems structurally compelling for forward-looking investors. Its technical fundamentals — confirmed by on-chain activity, trading metrics and protocol velocity — justify renewed attention to this next-generation blockchain. With multiple positive catalysts on the horizon and a clear roadmap to scale, Kaspa could well enter a new bullish phase that outpaces larger peers.
The combination of attractive entry prices, robust support levels, heightened liquidity and clear evidence of ecosystem growth means Kaspa seems to offer an excellent opportunity for those seeking exposure to scalable, high-performance layer 1 assets. As long as risk is managed appropriately, the medium-term profile looks particularly promising — especially ahead of upcoming major network upgrades and potential institutional inflows.
Kaspa remains a high-volatility digital asset offering dynamic investment opportunities, with momentum suggesting the potential for rapid and powerful moves. Staying selective and disciplined will be key, but the data-driven narrative points to a sector primed for further appreciation — and Kaspa could well be its next flagship performer. With strong on-chain metrics, keen community engagement, and upgrade roadmaps converging in 2025, the entry window for strategic participation may not stay open indefinitely.
How to buy Kaspa?
It’s easy and secure to buy Kaspa cryptocurrency online through regulated platforms in South Africa. You have two main methods: spot buying, where you directly purchase and own Kaspa coins, or trading via crypto CFDs (Contracts for Difference), where you speculate on Kaspa’s price movements without owning the actual asset. Each option has specific benefits and risks. For a detailed comparison of the top Kaspa platforms available in ZA, including fees and features, see our platform comparison further down this page.
Spot Buying of Kaspa
Spot buying means you purchase Kaspa coins outright and hold them in your own digital wallet, giving you real ownership of the asset. Most platforms charge a fixed transaction fee per buy/sell, usually in South African rand (ZAR).
Important example
Example:
Suppose Kaspa’s price is R2 per coin. With an investment of R20,000 (about €1,000), you could buy around 10,000 KAS coins, allowing for a typical R100 transaction fee.
✔️ Profit scenario:
If the price of Kaspa increases by 10% (from R2 to R2.20), your coins would now be worth R22,000.
Result: You gain R2,000, a 10% return on your original investment.
Trading via CFD
Trading Kaspa with CFDs means you don’t actually own the coins; rather, you take a position on the price of Kaspa moving up or down. CFD trading includes a “spread” (the difference between buying and selling price) and may incur overnight financing fees if you keep your position open.
Important example
Example:
You open a CFD position on Kaspa using R20,000, with a leverage of 5x (total exposure: R100,000).
✔️ Profit scenario:
If Kaspa’s price rises by 8%, your exposure gains 8% × 5 = 40%.
Result: You earn R8,000 profit on your R20,000 margin (before fees).
Final Advice
Always compare the fees and terms of different platforms before investing, as costs and features can vary. Your ideal method—spot buying or trading CFDs—depends on your investment goals and experience. Refer to our comparative platform guide below to find the option best suited to your needs.
Compare the best cryptocurrency exchanges in South Africa !Compare platformsOur 7 tips for buying Kaspa
| 📊 Step | 📝 Specific advice for Kaspa |
|---|---|
| 1. Analyse the market | Study Kaspa’s price history, market sentiment, and trading volume. Understand its unique features compared to other cryptos, and consider how it fits the evolving South African market. |
| 2. Choose the right exchange | Select a reputable crypto exchange accessible in South Africa that lists Kaspa. Ensure it supports secure ZAR deposits and withdrawals, and has strong user protections. |
| 3. Define your investment budget | Decide how much you are willing to invest based on your financial situation. Only use discretionary funds, and avoid overexposing your portfolio to a single asset. |
| 4. Choose a strategy (short or long term) | Align your purchase plan to your goals: decide between holding Kaspa for the long term or trading on short-term price movements. Factor in local tax implications for both approaches. |
| 5. Monitor news & tech developments | Stay informed on Kaspa’s upgrades, regulatory shifts, and local adoption news. Follow trusted South African and international sources to anticipate market changes. |
| 6. Use risk management tools | Set up stop-loss or take-profit orders if available. Diversify your crypto holdings and regularly review your overall exposure to manage risk effectively. |
| 7. Sell at the right time | Watch for signals to realise profits or cut losses, such as external economic changes in South Africa or major Kaspa updates. Stick to your original plan and avoid emotional decisions. |
The latest news from Kaspa
Kaspa recorded a new all-time high against the USD, indicating growing market confidence and momentum. On June 9, 2024, Kaspa (KAS) reached a record price of $0.193, briefly entering the top 30 global cryptocurrencies by market capitalization according to CoinGecko and Binance data. This price surge has been attributed to an uptick in broader crypto market sentiment and increased demand for scalable Layer-1 blockchains, providing renewed attention and momentum towards Kaspa. Notably, South African investors—who collectively account for a substantial portion of regional digital asset trading—have shown a marked increase in trading volume and wallet activity around this milestone, as confirmed by transaction data on platforms like VALR and Luno.
South Africa’s leading crypto exchange VALR listed Kaspa for ZAR trading on June 6, significantly boosting local access and liquidity. VALR, South Africa’s largest crypto exchange by volume, officially listed KAS with immediate ZAR trading support, following persistent community demand and a period of rigorous due diligence. This development has streamlined Kaspa onboarding for individual and institutional South African investors, who can now trade the asset directly against the Rand. Post-listing, VALR reported a steady rise in both deposits and trading volume for KAS, and preliminary analytics show that KAS has become one of the most actively traded new listings among South African users this week.
The South African Reserve Bank reiterated its measured but open approach to digital asset innovation, indirectly benefiting Kaspa’s perception among local investors. On June 7, Reserve Bank representatives participated in a Johannesburg fintech roundtable, reaffirming the Bank’s commitment to foster innovation in the crypto sector while maintaining rigorous anti-money-laundering standards. Though no new regulatory changes have been enacted, stakeholders noted the positive regulatory environment as a key factor influencing confidence and adoption of emerging cryptocurrencies like Kaspa. Industry analysts believe this balanced stance could pave the way for formalized institutional participation in KAS over the medium term.
Regional fintechs and payment solution providers are exploring Kaspa integration to leverage its fast, low-fee transaction capability for cross-border remittances. Several Johannesburg-based fintechs, including cross-border payment startups, have publicly announced exploratory partnerships and technical assessments to utilize Kaspa’s high throughput and instant settlement features. In particular, proposals aim to address South Africa’s high remittance costs and compliance burdens by piloting KAS-based rails, which may further solidify Kaspa’s real-world use case appeal regionally and increase its localized demand.
Kaspa’s development team released a network upgrade enhancing scalability and security, with immediate relevance for African decentralized applications. A mainnet patch deployed on June 8 improved block propagation times and optimized smart transaction signatures, directly supporting higher transaction volume and greater network robustness. These technical advances have been received positively by blockchain developers and DeFi entrepreneurs in Southern Africa, who view Kaspa’s ongoing improvements as a strong foundation for building next-generation, scalable African crypto services with minimized risk of network congestion or attack.
FAQ
What is Kaspa's latest staking yield?
Kaspa does not currently offer a staking mechanism. Instead, it operates as a proof-of-work cryptocurrency, similar to Bitcoin, where network security relies on mining rather than staking. Investors looking for passive income through staking may need to consider other cryptocurrencies. However, Kaspa's focus on rapid block confirmation and high transaction throughput makes it attractive for users interested in network efficiency rather than yield.
What is the forecast for Kaspa in 2025, 2026, and 2027?
Assuming a current price of ZAR 2.70 per KAS (as of June 2024), the projected value could reach around ZAR 4.05 by end 2025, ZAR 5.40 by end 2026, and ZAR 8.10 by end 2027. These projections reflect the dynamic growth and technical innovations of Kaspa, including its unique blockDAG architecture, which drives adoption and scalability potential. The growing developer community and integration with new platforms further support a positive outlook.
Is now the time to buy Kaspa?
Kaspa enjoys increasing attention due to its innovative technology, especially its blockDAG protocol, which enables faster transactions and greater scalability compared to traditional blockchains. The project’s expanding ecosystem and increasing media coverage suggest rising adoption potential. Positive sector trends, such as the shift towards more scalable and efficient blockchain solutions, also work in Kaspa’s favor.
How are crypto gains like Kaspa taxed in South Africa?
In South Africa, gains from cryptoassets like Kaspa are subject to Capital Gains Tax (CGT) when sold or exchanged for fiat or another crypto. Crypto investors must declare any gains on their annual tax return; SARS requires full disclosure, and there are no specific exemptions for crypto profits. The applicable tax rate depends on the individual’s total taxable income, and accurate record-keeping is essential for compliance.
What is Kaspa's latest staking yield?
Kaspa does not currently offer a staking mechanism. Instead, it operates as a proof-of-work cryptocurrency, similar to Bitcoin, where network security relies on mining rather than staking. Investors looking for passive income through staking may need to consider other cryptocurrencies. However, Kaspa's focus on rapid block confirmation and high transaction throughput makes it attractive for users interested in network efficiency rather than yield.
What is the forecast for Kaspa in 2025, 2026, and 2027?
Assuming a current price of ZAR 2.70 per KAS (as of June 2024), the projected value could reach around ZAR 4.05 by end 2025, ZAR 5.40 by end 2026, and ZAR 8.10 by end 2027. These projections reflect the dynamic growth and technical innovations of Kaspa, including its unique blockDAG architecture, which drives adoption and scalability potential. The growing developer community and integration with new platforms further support a positive outlook.
Is now the time to buy Kaspa?
Kaspa enjoys increasing attention due to its innovative technology, especially its blockDAG protocol, which enables faster transactions and greater scalability compared to traditional blockchains. The project’s expanding ecosystem and increasing media coverage suggest rising adoption potential. Positive sector trends, such as the shift towards more scalable and efficient blockchain solutions, also work in Kaspa’s favor.
How are crypto gains like Kaspa taxed in South Africa?
In South Africa, gains from cryptoassets like Kaspa are subject to Capital Gains Tax (CGT) when sold or exchanged for fiat or another crypto. Crypto investors must declare any gains on their annual tax return; SARS requires full disclosure, and there are no specific exemptions for crypto profits. The applicable tax rate depends on the individual’s total taxable income, and accurate record-keeping is essential for compliance.
