Recent Price Movement
#Kaspa 's price has seen significant growth, recently breaking above its descending triangle pattern and targeting a 50%+ gain from current levels. The price surged 12% in 24 hours, reaching $0.093, with trading volume skyrocketing from under $50 million to over $150 million. This bullish momentum could push the price to $0.14, with key support levels at $0.058 and resistance at $0.10.¹
Current Price and Market Stats
- Current Price: $ 0.09508
- 24-hour High: $0.09682
- 24-hour Low: $0.08336
- Market Cap: $2.48 billion
- Trading Volume: $113.04 million
Upcoming Events
-Crescendo Hard Fork: Scheduled for May 5th, this upgrade aims to enhance the network's performance and scalability. The community is optimistic about this update, which could potentially impact Bitcoin's dynamics.
- Mining Adoption: All major mining entities have adopted the Crescendo v1.0.0 update, indicating strong support for the hard fork.²
Technical Developments
- BlockDAG Architecture: Kaspa's unique blockDAG architecture allows for high block rates (currently 1 block per second) and fast confirmation times.
- Multi-Leader Consensus: This consensus mechanism enables multiple block producers to add blocks simultaneously, enhancing scalability and security.