Kaspa (KAS) Soars 10%: Is It the Next Big Altcoin to Watch?

The cryptocurrency market is once again turning bullish, and Kaspa (KAS) is among the top-performing altcoins. Over the past 24 hours, Kaspa has jumped 10%, riding the momentum of major players like Ethereum, XRP, and Solana. 

However, Kaspa’s rise is not just a reflection of general market sentiment, it’s also being fueled by critical developments within its ecosystem, most notably the rollout of the Kasplex zkEVM testnet.

In this article, we explore the factors behind Kaspa’s recent surge, the implications of its Layer 2 advancements, and a detailed price outlook. If you're eyeing altcoins for the next bullish cycle, Kaspa might be a project worth watching.

Kaspa at a Glance: What Makes It Unique?

Kaspa is a high-throughput, proof-of-work cryptocurrency built on a blockDAG (Directed Acyclic Graph) architecture, designed to deliver extremely fast block times and high scalability. 

Unlike traditional blockchains that generate a single chain of blocks, Kaspa allows parallel blocks, enabling near-instant finality and a robust level of decentralization.

Until recently, Kaspa lacked smart contract functionality, making it a fast and secure chain, but limited in programmability. That changed with the introduction of the Kasplex zkEVM, a testnet that opens Kaspa to Ethereum-compatible applications.

Read Also: Kaspa Tokenomics Explained: Max Supply, Emissions, and Mining Model

Kasplex zkEVM: The Catalyst Behind the Price Surge

The key reason for Kaspa’s recent rally is the public launch of the Kasplex zkEVM testnet—a Layer 2 rollup that brings smart contract capabilities to Kaspa for the first time. Here's why this is a game-changer:

• EVM Compatibility: Developers can now deploy Ethereum-native smart contracts on Kaspa without major code changes.
   
• Integrated Developer Tools: The testnet includes a working block explorer, a live faucet, and MetaMask support.
   
• High-Speed Layer 1: Kasplex uses Kaspa’s Layer 1 network for transaction sequencing and data availability—marrying speed with security.

This development gives Kaspa an edge, as it combines the efficiency of Layer 2 with the decentralization and proven security of a proof-of-work Layer 1.

Technical Analysis: Double Bottom Reversal Signals More Upside

From a charting perspective, Kaspa has formed a classic double-bottom pattern at the $0.05 support level. This pattern is often considered a bullish reversal signal, and KAS is now testing resistance around $0.12.

If this breakout holds, the next target zone lies between $0.18 and $0.20, key levels that served as resistance in 2024. 

The combination of strong fundamentals and bullish technicals supports the possibility of sustained upward momentum.

• Current price: $0.109954
   
• Support zone: $0.05–$0.06
   
• Resistance level: $0.12
   
• Bullish target: $0.18–$0.20

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Read Also: Kaspa (KAS) Price Analysis: Is the Breakout to $0.12 Just the Beginning?

Market Context: Altcoin Season and Retail Reentry

The broader altcoin market is heating up, with major players like ETH, XRP, SOL, and BNB rallying toward key resistance levels. 

This has created a tailwind for smaller-cap altcoins like Kaspa. The correlation is helping drive attention and liquidity into under-the-radar projects.

Additionally, Kaspa’s positioning as a proof-of-work chain with smart contract capabilities gives it a unique niche especially as investors look for alternatives to Ethereum that still offer speed, security, and scalability.

Kaspa Price Prediction: What’s Next for KAS?

Given the strong fundamentals and market tailwinds, several Kaspa price scenarios could play out:

• Bullish Scenario: A confirmed breakout above $0.12 leads to a run toward $0.18–$0.20 in Q3 2025.
• Neutral Scenario: KASPA price consolidates between $0.08 and $0.12 while the ecosystem matures.
• Bearish Scenario: Rejection at $0.12 sends KAS back to retest support near $0.07–$0.06.

However, with new tools for developers and increasing interest from investors, the medium to long-term trend appears bullish.

Read Also: How Kaspa Crypto Works: Will It Become the Crypto Payroll of Asia?

Conclusion

Kaspa is not just another altcoin riding the wave, it’s carving out a place for itself with real utility.

With zkEVM compatibility, rapid confirmation times, and a growing community, it could become a serious contender in the next generation of decentralized applications.

Investors should keep an eye on upcoming updates from the Kasplex testnet, as well as broader market trends, to assess Kaspa’s ongoing potential.

Don’t just follow the market—understand it. Explore deeper analysis and smarter strategies today on the Bitrue.

FAQ

What is driving the Kaspa crypto price increase?

The recent surge in Kaspa’s price is due to a combination of bullish market sentiment across altcoins and the launch of the Kasplex zkEVM testnet, which brings Ethereum-compatible smart contracts to the Kaspa network.

What is Kasplex zkEVM?

Kasplex zkEVM is a Layer 2 solution that adds EVM support to Kaspa. It allows developers to deploy Ethereum-native smart contracts, integrates MetaMask, and includes tools like a faucet and block explorer.

Is Kaspa a good investment?

Kaspa offers unique features such as proof-of-work security, high throughput, and now smart contract support. These qualities could position it well in future bull markets, though investors should always consider risks.

What are Kaspa’s key resistance levels?

The major resistance level to watch is $0.12. A confirmed breakout could lead to targets of $0.18–$0.20.

What is the Kaspa price prediction for 2025?

If bullish momentum continues and the network gains adoption, Kaspa could challenge the $0.18–$0.20 level in 2025. However, this depends on broader market conditions and project development.