The cryptocurrency market has always seen explosive growth cycles, with various projects experiencing dramatic price increases. Kaspa (KAS) is currently positioned as a potentially big player in the current market cycle, despite its relatively modest market capitalization.
Derek Marshall, a cryptocurrency analyst, shared his bullish outlook on Kaspa price potential. He pointed out that while Kaspa currently sits at just a $2 billion market cap, it offers technological advantages as the fastest Proof-of-Work blockchain ever built.
Marshall points to previous market cycle peaks to establish realistic targets for Kaspa. He noted that AVAX reached a $40 billion market cap in 2021, while SOL climbed even higher to $90 billion that same year. BNB topped both with a peak of $115 billion in 2022.
🚀 How high can $KAS go this cycle? Let’s talk numbers.
— D E R E K . M A R S H A L L (@Derek_Eco_Mind) March 26, 2025
🔹 $AVAX peaked at $40B MC in 2021.
🔹 $SOL peaked at $90B in 2021.
🔹 $BNB peaked at $115B in 2022.
Right now, $KAS is sitting at just $2B MC, yet it’s the fastest PoW blockchain ever built, with real scalability and zero… pic.twitter.com/ARy3FfWGTi
Currently, Kaspa sits at just a $2 billion market cap, suggesting substantial room for growth. Marshall emphasizes Kaspa’s technological advantages as the fastest Proof-of-Work blockchain ever built. He highlights its real scalability features and the absence of venture capital manipulation that often influences other cryptocurrency projects.
Based on these fundamentals and historical comparisons, Marshall suggests a $50+ billion market cap is not just possible but probable for Kaspa this cycle. This would translate to approximately $2 per KAS token – representing a significant increase from current levels.
KAS Price Analysis
The price of Kaspa broke below a 16-month support in the last month candlestick and has continued to struggle below it since then with dips and sideways trading. The key level at around $0.09 which is now acting as resistance must be broken for a reversal of trend.
Kaspa price will continue to struggle as long as it is under this key level. Breaking above the key level could trigger a new bullish trend with the possibility of moving towards all-time highs in the months after.
The current technical situation shows a critical resistance level that must be overcome. The previous long-term support around $0.09-$0.10 has now flipped to resistance following February’s breakdown. This support-resistance flip is a classic technical pattern that often requires significant buying pressure to reverse.
Read Also: How Much Will 17,000 Kaspa (KAS) Tokens Be Worth by 2026?
For Kaspa to realize its potential this cycle, it needs to reclaim this key level with conviction. Until then, the price action remains bearish , with the next major support around $0.047 if selling pressure increases again.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
