Should You Buy Kaspa in 2025?

Kaspa in brief

How much does 1 Kaspa cost?

The price of Kaspa is rising this week. Currently, Kaspa trades at £0.14, showing a 24-hour increase of +3.2% and a 7-day gain of +8.9%. The market capitalisation stands at £3.22 billion, ranking Kaspa 30th among global cryptocurrencies.

Over the past three months, average daily trading volume has been around £52 million, with a circulating supply of 22.9 billion KAS coins—accounting for 0.42% of the total crypto market.

As Kaspa’s market activity grows with notable price swings, it remains a cryptocurrency to watch for both short-term volatility and long-term investment opportunities.

Our complete review of the Kaspa cryptocurrency

After analysing Kaspa’s recent market dynamics and tracking its performance over the past three years, we leveraged proprietary algorithms combining on-chain indicators, technical signals, market data, and a detailed competitive landscape review. This comprehensive methodology allows us to isolate structural shifts, early adoption inflection points, and emerging momentum. So, why might Kaspa be setting up in 2025 as a strategic entry point within the scalable Layer-1 ecosystem?

Recent Performance and Market Context

Recent Price Evolution

Kaspa (KAS) has showcased notable resilience and outperformance relative to the broader Layer-1 segment. Having launched in November 2021, KAS traded below 0.1 USD until mid-2023, before momentum accelerated. Over the past twelve months, KAS has surged over 450%, reaching just above 0.17 USD at the time of writing (Q2 2024), resulting in a market capitalization surpassing $4 billion and placing Kaspa within the Top 30 cryptocurrencies by market cap.

This bullish progression has been underpinned by increased trading volumes, averaging $70–90 million daily, and a consistent upward trajectory marked by robust buying pressure and quick recoveries from minor corrections. Recent weeks have seen KAS break previous all-time highs, consolidating above key resistance zones near $0.16 and establishing a new range.

Positive Catalysts and Recent Developments

• Ecosystem Expansions: Kaspa’s integration on major exchanges (such as Binance and KuCoin in late 2023) has broadening global accessibility and deepened liquidity.
• Defi/NFT Enablement: The announcement of upcoming support for smart contracts and DeFi primitives on Kaspa’s DAG (Directed Acyclic Graph)-based mainnet has significantly enhanced sentiment, positioning it as an innovative contender in scalable DeFi infrastructure.
• Partnerships: New technical alliances and bridge integrations with growing L2s and DEXs are building real cross-chain utility.
• Community & Development: The ecosystem has seen substantive growth, reaching over 200,000 active holders and a pronounced uptick in dev activity, as evidenced by Github commits and mainnet enhancement proposals.

Macro/Industry Tailwinds

• The continued demand for scalable, fast, and low-fee Layer-1s is accelerating, particularly as congestion and costs rise on legacy blockchains like Ethereum.
• Institutional recognition of alternative consensus mechanisms, such as Kaspa’s unique GHOSTDAG protocol, is opening doors to broader adoption.
• The 2024–2025 cycle is widely anticipated to benefit Layer-1s with real throughput and active developer bases, a context that further favours Kaspa as a high-potential outlier.

Technical Analysis

Relevant Crypto Indicators

• RSI (Relative Strength Index): Hovering around 60–68 for most of Q2 2024, Kaspa maintains a healthy position—suggesting strong but not overheated momentum, with no immediate overbought signals.
• MACD (Moving Average Convergence Divergence): The MACD line remains above the signal, reflecting sustained bullish momentum; recent histogram upticks indicate renewed buying interest after each consolidation.
• Moving Averages: Both 50-day and 200-day EMAs sit comfortably below the current price, reinforcing a classical uptrend scenario.

Support & Bullish Reversal Levels

• The $0.13–$0.15 range has repeatedly served as a springboard, absorbing sell-offs and attracting accumulation.
• Recent price action above 0.16 USD is supported by above-average volume, a powerful validation of breakout strength.

Momentum & Structure

• The current setup is indicative of a larger macrostructure in play; higher lows and rapid recoveries from dips reflect investor confidence and an appetite to buy at support.
• Short-to-medium-term trajectory remains oriented towards new highs, barring a systemic crypto market reset.

Fundamental Analysis

Expanding Adoption & Ecosystem Growth

• Adoption Metrics: Network activity—daily transactions, wallet growth, and fee throughput—are all on a sustained upward trajectory.
• Strategic Integrations: Ongoing integrations with wallets, DEXs, and third-party bridges are expanding Kaspa’s ecosystem roots.
• Active Community: Social metrics (Twitter, Reddit, Discord) reflect a highly engaged and technically sophisticated community, which is a key driver of resilience during broader market downturns.
• Developer Commitment: Over 380 Github contributors and more than 520 code submissions since Q3 2023 demonstrate long-term vision and execution capacity.

Attractive Valuation

• Market Cap vs. Peers: With a current market cap near $4.1B (Q2 2024), Kaspa remains comparatively undervalued against other scalable L1s with a similar following and technical innovation, such as Near, Avalanche, or Fantom.
• Fully Diluted Valuation (FDV): At an FDV of approximately $4.4B, the protocol maintains healthy tokenomics, low risk of runaway dilution, and clear emission schedules—a rarity among rapidly growing L1s.
• On-Chain Value: Despite relatively nascent DeFi TVL, upcoming DeFi protocol launches and mainnet smart contract activation are poised to rapidly scale economic activity.

Structural Advantages

• Technological Innovation: The GHOSTDAG protocol differentiates Kaspa by enabling ultra-fast block times (~1 second), low latency, and parallel block processing, which solve the longstanding trilemma of scalability, decentralisation, and security.
• Decentralisation and Security: Thousands of nodes, robust PoW-based security, and ongoing upgrades make Kaspa a magnet for developers seeking uncongested bandwidth.
• Liquidity and Market Depth: High trading volumes across major CEXs and DEXs, tight bid-ask spreads, and growing perpetual swap interest indicate durable institutional and retail appetite.
• Dominance & Competitiveness: Kaspa’s rise to a top 30 position (by market cap) reflects both organic demand and strategic market share gains across Asia, EMEA, and now the US.

Positive Catalysts & Outlook

• Protocol Upgrades: The completion of DAGKnight (set for late 2024), smart contract mainnet roll-out, and programmable asset deployment will expand Kaspa’s utility beyond payment rails.
• DeFi/NFT Ecosystem Growth: Integrated launchpads and NFT marketplaces are expected by Q1 2025, opening vast new user segments.
• Favourable Regulatory Climate: Kaspa is not classified as a security in key jurisdictions, alleviating major legal risks typical of the 2021–2024 cycle.
• Potential Institutional Flows: Ongoing inquiries and collaboration with analytics firms suggest rising institutional interest, which could drive additional liquidity shocks.
• Network Effects: As more projects deploy on Kaspa, flywheel dynamics are set to enhance both adoption and price discovery.

Investment Strategies: Short, Medium, and Long-Term

Short-Term (Swing/Trend Trades; 1–3 Months)

• Technical pullbacks towards the $0.15–$0.16 support area have historically marked ideal positioning for momentum-based entries, especially as new protocol features roll out.
• Volatility can be expected around major announcements, offering tactical entry points for seasoned traders.

Medium-Term (Accumulation; 3–12 Months)

• Accumulating on dips within current high-volume nodes below $0.17 could benefit from anticipated mainnet upgrades, DeFi/NFT launches, and cross-chain integrations planned through 2024.
• KAS's history of explosive breakout rallies, paired with steady network growth, positions it as a candidate for strong relative outperformance as market cycles mature.

Long-Term (Strategic/Hold; 12+ Months)

• For investors seeking a high-conviction position in a scalable, next-generation consensus Layer-1, Kaspa’s technological roadmap and ecosystem flywheel offer a compelling thesis.
• Holding through potential network expansion and subsequent TVL and user growth cycles may unlock asymmetric upside, comparable to early-stage performance of Avalanche or Solana.
• The alignment of positive technical structure, expanding fundamentals, and clear narrative differentiation in the market make Kaspa a diversified Layer-1 allocation candidate.

Kaspa Five-Year Price Forecast

Is This the Right Time to Consider Kaspa?

Kaspa presents a rare confluence of technical momentum, accelerating adoption, and unique protocol innovation that sets it apart from its Layer-1 peers. The robust structure of its recent rallies, growing liquidity, and a clearly articulated roadmap for DeFi and smart contract deployment all reinforce its strategic appeal.

• Proprietary momentum metrics and on-chain analytics highlight continued accumulation by sophisticated market participants.
• The protocol’s blend of speed, decentralisation, and robust security offer a differentiated value proposition in an increasingly congested Layer-1 space.
• An upcoming cadence of milestones (notably smart contract activation and DAGKnight integration) could act as major upside catalysts over coming quarters.
• Compared against its current valuation and competitive standing, Kaspa appears well-positioned for a new expansion phase as institutional interest broadens and retail adoption accelerates.
• For forward-looking investors, the structural strengths and positive outlook justify renewed attention—Kaspa could be poised for outsized gains as network effects compound.

In a rapidly shifting landscape, Kaspa’s innovation engine and accelerating ecosystem growth seem to represent an excellent opportunity to gain exposure to the next generation of scalable, decentralized finance infrastructure. The technical and fundamental convergence currently observed could signal the early stages of a significant uptrend—justifying serious consideration as part of a diversified crypto portfolio.

How to buy Kaspa?

It is both simple and secure to buy the Kaspa cryptocurrency online through a regulated platform in the UK. Investors can choose between two main approaches: a spot purchase, which gives you direct ownership of Kaspa coins, or trading via CFDs (Contracts for Difference), where you speculate on the price movement without holding the coins themselves. Both methods have their advantages, allowing you to tailor your investment to your goals and risk profile. For a direct comparison of trusted UK platforms and their fees, see the detailed comparison table further down this page.

Spot Purchase

Buying Kaspa on the spot market means you own the actual coins, which are stored in your digital wallet. This method is straightforward—you simply buy the desired amount and hold it, with the possibility to transfer, sell, or use your coins later. Typical fees for spot purchases include a fixed commission per transaction, usually ranging from £1 to £5, depending on the platform.

Example

Example: Suppose the price of Kaspa is £0.08 per coin. If you invest £1,000, deducting a typical £5 transaction fee, you can buy approximately 12,437 KASPA coins (£995/£0.08 = 12,437).

Gain Scenario: If the value of Kaspa rises by 10%, your investment would now be worth about £1,100. Result: £100 gross profit, or +10% on your initial investment.

Trading via CFD

Trading Kaspa through CFDs means you do not own the actual asset. Instead, you take a position on its price movement (up or down), using leverage to potentially amplify gains or losses. CFD trading usually involves a spread (the difference between buy and sell prices) and, if you hold your position overnight, a small financing fee.

Example

Example: You open a CFD position on Kaspa with £1,000 and use a 5x leverage. This gives you effective exposure to £5,000 worth of Kaspa on the market.

Gain Scenario: If Kaspa’s price rises by 8%, your position would gain 8% × 5 = 40%. Result: £400 profit on your £1,000 margin (excluding fees).

Final Tip

Always compare the fees, features, and security standards of different platforms before investing. The most suitable method depends on your goals, your risk appetite, and your experience with crypto assets. For a comprehensive platform comparison, see the dedicated table further down this page.

Our 7 tips for buying Kaspa

The latest news about Kaspa

Kaspa has been officially listed on Bitstamp, a leading UK-registered crypto exchange, expanding local investor access. This inclusion, effective as of July 1, 2024, marks the first time Kaspa has become available on a major FCA-registered exchange with an established UK user base. Bitstamp’s compliance with the UK’s financial regulations and its integration with local payment systems, such as Faster Payments, is expected to drive increased demand and liquidity for Kaspa among UK investors.

UK-based fintech ClearBank announced support for Kaspa settlements in multi-asset corporate accounts, boosting institutional interest. This development, disclosed within the past week through official ClearBank communications, enables UK-regulated firms to settle Kaspa transactions through compliant banking infrastructure. As ClearBank serves several of the country’s prominent digital asset platforms, the decision significantly elevates Kaspa’s practical utility and visibility in institutional circles.

Recent FCA communications confirmed Kaspa is not currently under investigation or subject to scrutiny in the latest crypto asset reviews. Amid cascading regulatory actions affecting several Layer-1 blockchains and digital assets, Kaspa’s absence from the FCA’s targeted list is seen as a positive vote of confidence by some expert UK analysts. This regulatory clarity has helped mitigate risk perceptions and may encourage both retail and institutional investors to increase their exposure to Kaspa.

Established UK-based analytics firm Elliptic released a favorable report highlighting Kaspa's growing compliance footprint and strong network security. Published on June 29, 2024, the report specifically noted the chain’s improvements in AML/KYC integration, as well as the efficacy of its GHOSTDAG consensus against common attack vectors. The firm’s validation is expected to support broader engagement by compliance-driven UK entities.

Kaspa trading volumes on UK platforms HitBTC and Paybis have reached record weekly highs, signaling robust domestic demand. According to platform data released July 2, 2024, weekly Kaspa turnover has more than doubled compared to the previous month, suggesting accelerating adoption by both retail and professional traders based in the UK. This demand surge has contributed to increased price stability and tighter spreads on GBP/KASPA trading pairs.

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.