Kaspa is at an interesting point after breaking out of a multi-week range. The KAS price climbed from around $0.025 to nearly $0.032 before cooling off, and the token is now trading near $0.02953.
The key question is whether this breakout has enough strength to continue. Kaspa Daily has pointed out that volatility remains near historically low levels, with demand yet to expand meaningfully. At the same time, Binance Pool is offering zero-fee Kaspa mining until November 5, giving the network another development to watch.
Kaspa volatility remains near historically low levels, with no meaningful expansion yet.
— Kaspa Daily (@DailyKaspa) August 24, 2026
While low volatility can precede a larger move, the continued compression also points to a simpler reality: demand just isn’t there yet. pic.twitter.com/ZpkFAZaWHL
What you'll learn 👉
KAS Price Breaks Above Its August Range
We had a look at the KAS chart, and the move out of the August consolidation is clear. Kaspa started July around $0.031, then dropped to about $0.025 in early August. From August 1 through the 17th, it just kind of hung out between $0.025 and $0.028. Volume was dead. Nobody was really trading it. No direction at all.
Then August 19 happened. KAS broke above $0.028 and ran up toward $0.032, with volume spiking hard. It’s since pulled back to around $0.02953. So now we’re in that classic phase where the market is testing whether the breakout was real or not.
The important part is that $0.028 is now being tested as support. If buyers continue defending that level, the previous breakout remains intact.
Why This Level Could Decide Kaspa’s Next Move
The $0.028 level is the main line traders should watch. Before the breakout, this area capped the KAS price during the August consolidation. Now that the token has moved above it, holding this level would give buyers a stronger base for another attempt at $0.032.
The indicators are mixed, but they’re not bearish. RSI is at 57.95, above the neutral 50 but still below the overbought 70 level. That’s fine. The Ultimate Oscillator is lower at 44.48, which just tells you momentum cooled off after that run to $0.032.
That cooling doesn’t mean the breakout is dead. It just means the market probably needs to chill for a bit before trying again. If $0.028 holds, $0.032 is the first target. Break that cleanly, and $0.035 comes into view. If $0.028 fails, the KAS price could revisit $0.025, which remains the main support established during early August.
Read Also: Why Kaspa (KAS) Keeps Beating Bitcoin, XRP and Ethereum in This Ranking
Binance Pool Adds a Mining Incentive
Kaspa also has a network development worth watching. BSCN reported that Binance Pool is offering zero-fee Kaspa mining through November 5. The promotion applies to miners using kHeavyHash-compatible hardware and comes as Kaspa’s hashrate recovers toward 325 PH/s.
Zcash hits an eight-year high as Grayscale ETF conversion advances@Zcash trades near $844, its highest since 2018, after climbing 65% in a week amid a broad market rebound. The surge followed @Grayscale filing a fifth SEC amendment on Friday to convert its Zcash Trust into a… pic.twitter.com/MliztuJcAl
— BSCN (@BSCNews) August 24, 2026
Kaspa is also approaching full supply issuance, with roughly 96% of KAS already mined. That means the remaining supply entering circulation is becoming increasingly limited. For miners, lower pool fees can improve profitability.
For the network, greater participation can support hashrate and security. However, these developments do not guarantee higher prices. The KAS price still needs sustained demand to turn the technical breakout into a larger trend.
Kaspa Still Needs More Demand
This is where Kaspa Daily’s observation becomes important. The network’s volatility remains near historically low levels, and meaningful demand expansion has yet to appear. The recent breakout brought larger volume, but traders will want to see that activity continue if KAS is going to reclaim $0.032.
For now, the setup remains straightforward. Holding $0.028 keeps the bullish breakout alive and puts $0.032 and $0.035 on the radar. Losing $0.028 would weaken the setup and expose the KAS price to another test of $0.025. The next few trading sessions should show whether the August breakout has real follow-through or was simply a temporary move out of a tight range.
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