Crypto analyst SURAJ_041 has outlined several potential catalysts that could drive Kaspa (KAS) to reach significant price milestones in the coming months. According to the analyst, these factors could take KAS price up to $3 and $5.
What you'll learn 👉
Major Exchange Listings on the Horizon
The analyst highlights three major potential exchange listings that could boost KAS’s market presence. While Kaspa currently trades mainly on decentralized platforms, listings on OKX, Coinbase, and Binance could significantly enhance its trading accessibility and liquidity.
Currently, KAS futures trading is available on OKX, but spot trading implementation remains pending across these major exchanges.
Grayscale’s Strategic Interest
A notable development is Grayscale Investments adding KAS to its Assets Under Consideration list. The crypto analyst emphasizes this as a significant validation of Kaspa’s potential.
This inclusion suggests institutional interest in Kaspa’s GhostDAG protocol and its high-throughput capabilities.
Technical Upgrades and Network Evolution
The analyst points to the upcoming Crescendo Hard Fork in Q1 2025 as a major technical catalyst.
This upgrade aims to increase block production from 1 to 10 blocks per second (BPS), representing a significant scaling improvement. Testing for this upgrade began in January 2024 through testnet TN11.
We have so many bullish developments on the way and you still think $kaspa will not reach $3-5$ ?
— coinco (@SURAJ_041) December 4, 2024
1.OKX Spot listing
2.Coinbase spot listing
3.Binance spot listing
4.GrayScale announced $kas is Asset under consideration .
5.The countdown for the CRESCENDO (10 BPS) has begun.… pic.twitter.com/IEOeTn9bRO
Smart Contract Implementation
According to the crypto analyst, Kaspa’s smart contract functionality is targeted for mid-2025.
This development was originally projected for Q1 2025 but depends on the successful implementation of infrastructure updates, particularly the Crescendo hard fork.
Atomic Swap Integration
The analyst highlights the imminent launch of atomic swap functionality for KRC-20 tokens, scheduled for December 10, 2024.
This feature is designed to enable direct peer-to-peer token exchanges without intermediaries, leveraging Kaspa’s high-speed infrastructure and low transaction costs.
Based on these developments, the crypto analyst maintains a bullish outlook on KAS, suggesting that a price target of $3-$5 is feasible. The convergence of institutional interest, technical improvements, and expanded trading access could create favorable conditions for price appreciation.
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