Kaspa (KAS) is back in the spotlight, and this time it’s not just about price action, it’s about who’s holding and for how long. According to new on-chain data shared by Kaspa Daily on X, more than half of all KAS tokens are now sitting untouched in wallets for over six months. That’s a big deal, especially considering how the price has been moving lately.
Even after the correction that kicked off in late 2023, it looks like a growing number of holders aren’t flinching. Instead of selling, they’re holding tight, possibly waiting for the next move up. At writing, KAS price is trading at $0.09571, and trading volume has jumped by 20%, which adds more fuel to the current momentum.
With the price starting to recover and resistance zones getting closer, the big question now is: will this level of long-term conviction be enough to push KAS into its next breakout?
What you'll learn 👉
What the Chart Shows
According to Kaspa Daily’s update, wallets holding KAS for over six months now account for more than 51% of the total circulating supply. This is a new all-time high. The data shows that while some short-term wallets exited during the correction, with a minor 0.3% dip in 3-month holdings, the broader trend among long-term investors remains unchanged.
This behavior suggests that, despite volatility, the majority of holders are opting to keep their positions unchanged. These long-term positions have steadily increased since mid-2022, showing limited reaction to price swings throughout 2023 and into 2025.
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KAS Price Movement and Support Zones
Kaspa price rose sharply between November 2022 and early 2023, from around $0.006 to over $0.11. This rally aligned with a parallel rise in long-term holding. The price later corrected, dropping to around $0.05 by January 2024, and formed a base around that zone.
After forming a rounded bottom, KAS began a gradual recovery. In May 2025, the asset is approaching resistance between $0.20 and $0.22. Historical support zones include $0.05 and $0.07, while $0.15 marks a mid-2023 ceiling that may now act as a test level on the way up.
Moreover, with volume now increasing by 20%, short-term interest in KAS is also rising. However, the market’s attention is focused on whether the current trend of accumulation and price recovery will continue through the $0.20 zone. If broken with strength, analysts could look toward the $0.22–$0.25 range as the next major barrier.
The current KAS price trajectory remains steady, supported by both technical patterns and the rise in long-term inactive supply. Continued volume growth may help determine the next phase for KAS.
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