GoonBoyCrypto, a crypto analyst on X, breaks down the relationship between price and market capitalization for Kaspa quite clearly. At $1, Kaspa would have a market cap of approximately $23.6 billion. To reach $5, that number jumps to $118 billion, and at $10, Kaspa would be valued at $236 billion.
But are these numbers realistic? Looking at past market cycles gives us some context. In 2018, the total cryptocurrency market cap reached $534 billion, with Bitcoin holding 60%, Ethereum 25%, and XRP about 15% of that value. By 2021, the total market expanded dramatically to $2.62 trillion, with Bitcoin at 45%, Ethereum at 20%, and Cardano capturing 4%.
Based on the analyst’s post, If this bull cycle pushes the total cryptocurrency market to $7 trillion, and Kaspa manages to capture just 2% of that market, we’re looking at a $140 billion market cap for KAS. That would put the price well above $5 per KAS token.
Kaspa Has Had A Great Week Which Is Good For Its Fundamentals
Recent developments have strengthened Kaspa’s position in the market. As mikroweller points out, Kaspa has experienced an impressive week of progress:
The Crescendo upgrade has started. This will let Kaspa operate at 10 blocks per second, which significantly improves the network’s throughput and scalability.
Early discussions have begun with Tether regarding a potential stablecoin on the Kaspa blockchain, which could bring substantial liquidity and utility to the ecosystem.
Kaspa received the “Best Blockchain Innovation!” award at Crypto Expo Europe, highlighting the growing recognition of its technological advancements.
"Best Blockchain Innovation!" at @CryptoExpoEu
— Kaspa (@KaspaCurrency) March 3, 2025
Great work @kaspador_ !
Thanks @Kaspa_KEF for your support and efforts in Romania! https://t.co/ODQHxXKAqs
These fundamental developments are crucial for long-term value creation. While price fluctuations may come and go, strong fundamentals create lasting value and provide a solid foundation for sustainable growth.
Read Also: Top Ripple Analyst Makes Bold XRP Price Prediction—Here’s the Outlook
If Kaspa continues to innovate and expand its ecosystem, capturing even a modest portion of the growing cryptocurrency market could result in significant price appreciation.
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