Publication date: July 24, 2025

Kaspa is an unusual cryptocurrency. While most new cryptocurrencies switch to a different way of working (Proof-of-Stake), Kaspa actually stays true to the original idea behind crypto: mining coins just like Bitcoin. But faster, smarter and without a central party.

Kaspa wants to show that you can build a modern blockchain even with this old, secure technique. And that seems to be working: more and more people are talking about Kaspa and the technology behind it is making an impression.

What is Kaspa?

Kaspa is a new kind of blockchain that works at lightning speed, yet remains secure and fair. The network is designed to handle lots of transactions at once without having to wait a long time, like Bitcoin. It uses a special technique (GHOSTDAG) that does not make blocks fight for a spot, but allows them to coexist neatly. Thus, transactions can be approved super fast.

The currency of this network, called KAS, can be used to pay transaction fees and participate in the network through mining or strike.

How does Kaspa work?

Many modern cryptocurrencies require users to "stake" their coins to secure the network. This is called Proof-of-Stake. Kaspa takes a different approach: Proof-of-Work, in which computers solve complex puzzles to verify transactions. This is similar to how Bitcoin works, but much faster and more efficient.

Thanks to the innovative GHOSTDAG protocol, Kaspa can add multiple blocks to the blockchain at the same time, eliminating delays and errors. This means transactions are confirmed every second, rather than every ten minutes as with Bitcoin. Because mining Kaspa is open to everyone, the network remains both accessible and fair.

Recent developments

Kaspa is not sitting still. In recent months, many new steps have been taken to make the project more accessible to a wider audience. As a result, the coin is getting more attention from investors and users alike. Listed below are the most recent developments:

• Secure storage via hardware wallets: Kaspa is now supported by well-known devices such as Ledger and Trezor. This allows you to safely store your KAS coins offline.
  
  

• Major exchanges add Kaspa: By 2025, the coin will be available on exchanges such as Kraken and Bitstamp. As a result, many more people can now buy and sell KAS.
  
  

• Mobile wallet launched: Recently, you can download an official app that allows you to easily receive and send KAS via your smartphone.
  
  

• Future plans: Kaspa is working on ways to link with smart contracts and other blockchain applications in the future without slowing down the network.

These improvements will make Kaspa easier to use for everyone, increasing the likelihood of wider adoption and rate growth.

Share price development of KAS

The chart below shows the price movement of Kaspa. Over the past month, the currency showed significant volatility, with an upward trend beginning in mid-July, peaking on July 22 at approximately +56% from a month earlier. In the following two days, however, the price fell sharply, surrendering some of the gains. Despite this, Kaspa is currently still on a monthly gain of about 29%.

What could drive up the price of Kaspa?

1. The network is super fast yet fair: Many users appreciate that Kaspa operates without central control.

2. More and more people can use KAS: Thanks to new exchanges, wallets and apps, the currency is becoming more accessible.

3. Active community of miners: Anyone with a computer can join, ensuring a strong and fair base.

4. Stable price: While many cryptocurrencies show large fluctuations, Kaspa continues to move fairly quietly.