Kaspa price has continued to struggle. The token once brought smiles to many early holders, but its long decline has left some questioning what the project can still deliver. Price weakness keeps becoming harder to ignore, though several metrics point toward a bigger bullish KAS setup ahead.
KAS has fallen steadily since reaching its all time high near $0.20 during 2024. Kaspa price now trades around $0.026, and the broader chart leaves room for more weakness. However, price alone does not provide the complete picture here.
BSCN reported that Kaspa recently overtook Pi Network as the asset with the highest bullish sentiment on CoinMarketCap. Kaspa received bullish votes from 90.5% of the participating CoinMarketCap community, compared with 80.5% for PI.
That lead looks unusual because KAS price remains close to its lowest level since early 2023. Other major assets on the sentiment list included WLD, ADA, BTC, XRP, ETH, and SOL.
Kaspa is the newest ATTRACTION
— BSCN (@BSCNews) August 5, 2026
Kaspa $KAS has leapfrogged @PiCoreTeam $PI as the number-one asset with the most bullish sentiment on CoinMarketCap.
Following weeks of PI's dominance, community sentiment has shifted towards the Kaspa blockchain despite its dwindling price.… pic.twitter.com/GijlP2UW8L
Community votes cannot force Kaspa price higher, and they do not guarantee that a recovery will happen. However, the data shows that confidence in the Kaspa blockchain has remained strong despite the prolonged decline.
That contrast deserves attention because market sentiment often collapses when an asset loses almost 90% from its peak. Kaspa currently presents a different picture, as weak price action exists beside unusually high confidence.
What you'll learn 👉
Google Finance Support Expands Kaspa’s Visibility
Kaspa supporter ChoiiMhiee noted that KAS has appeared on Google Finance. The addition gives more users access to Kaspa price data through a mainstream financial platform.
Google Finance support does not change the Kaspa blockchain or create immediate demand for KAS. However, each new platform makes the asset easier to monitor and places its market data beside established cryptocurrencies, stocks, and other financial assets.
This development follows Kaspa’s progress across exchanges and market data platforms. Greater availability could become more useful if market conditions improve and investors begin researching assets that remain far below previous highs.
Kaspa still needs stronger adoption and renewed demand before such visibility affects KAS price. The Google Finance addition remains a positive step during an otherwise difficult period.
Large KAS Holders Continue to Accumulate and Hold
Wallet activity provides another bullish metric. Kaspa Daily reported that Entity X, the largest known Kaspa holder, recently purchased another 850,000 KAS.
That purchase extended a series of additions made across recent days and weeks. Entity X has continued to increase its position despite subdued market conditions and the ongoing Kaspa price decline.
Supply age data shared by Renksi offers more context. The figures show that 46.9% of circulating KAS has remained unmoved for more than 1 year. Another 63.2% has remained untouched for at least 6 months, whereas less than 11% moved within the previous month.
Those numbers indicate that a large part of the circulating supply remains held across the decline. Patient holders reduce the amount of KAS available for immediate sale, though fresh demand would still be needed to support a strong price recovery.
$KAS holders really aren’t moving their holdings
— Renksi (@renksieth) August 6, 2026
46.9% of the circulating supply hasn’t moved in over a year
63.2% has been sitting for at least 6 months
while less than 11% moved within the last month
a huge part of the supply is still being held through all the volatility… pic.twitter.com/BVvxD7xWjG
Kaspa Price Chart Forms a Potential Double Bottom Near $0.025
Crypto With Gopal identified a large double bottom formation on the Kaspa price chart. A look at the daily KAS chart shows the first bottom near $0.025 during February 2026. The second test has developed around $0.026 during August.
Buyers previously pushed Kaspa price toward the $0.040 to $0.042 area after the first bottom. That region now serves as the neckline of the potential formation.
The chart contains a useful historical comparison. KAS formed another double bottom between March and April 2025. Price later broke above its neckline near $0.08 and climbed toward approximately $0.12.
The current structure follows a similar outline, although confirmation remains absent. Kaspa price must first break above $0.040 to $0.042 and remain above that zone. Such a move could complete the formation and open a possible path toward $0.060 to $0.065.
A drop below the $0.025 support area would weaken the setup considerably. That failure could expose KAS to further losses because no confirmed reversal exists before the neckline breaks.
Read Also: XRP Price Warning: One More Drop Could Change the Entire Setup
Kaspa price remains weak, and the chart still carries clear downside risk. Bullish community sentiment, Google Finance availability, whale accumulation, and older supply data provide reasons to keep watching the project.
The double bottom offers the clearest technical case, but the $0.040 to $0.042 neckline remains the deciding barrier. Kaspa now needs to prove that its support can produce more than another temporary bounce.
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