Kaspa experiences a 10% surge following the introduction of its Layer 2 technology.
In the rapidly evolving world of cryptocurrency, a new player is making waves and earning the title of "Bitcoin 2.0" - Kaspa (KAS). This innovative digital asset, launched in 2021, presents itself as a natural evolution of Bitcoin, addressing its main limitations while retaining its fundamental principles.
Kaspa's significant technical advancements are largely due to its unique Layer 1 blockDAG (Directed Acyclic Graph) structure and the GhostDAG consensus algorithm. Unlike Bitcoin, which processes blocks one at a time in a linear chain, Kaspa allows multiple blocks to be generated and confirmed in parallel, drastically increasing speed and scalability while maintaining decentralization and security.
This innovative architecture was designed from the ground up to solve the scalability trilemma—enhancing throughput and speed without compromising decentralization or security. The GhostDAG consensus allows multiple blocks to be accepted simultaneously, forming a 'blue set' that forms the trusted ledger history, thus avoiding conflicts and block wastage typical in Bitcoin’s chain.
Kaspa's performance gains come from this foundational Layer 1 blockDAG design, rather than traditional Layer 2 protocols like the Lightning Network for Bitcoin. This makes Kaspa a fundamentally improved Layer 1 blockchain, rather than a primary Layer 2 solution.
Furthermore, Kaspa uses an energy-efficient proof-of-work mining algorithm called kHeavyHash, aiming to reduce energy consumption compared to other PoW blockchains, adding to its technical merit and sustainability appeal.
The recent deployment of Kaspa's Layer 2 solution has significantly improved the network's scalability and performance, further solidifying its position as a contender in the competitive cryptocurrency market.
Currently, Kaspa is trading above its 9-period exponential moving average, confirming the solidity of its bullish trend. After the Crescendo hard fork, Kaspa can process up to 10 blocks per second, making it one of the fastest blockchains on the market.
Recent forecasts for 2026 converge on a range of 0.25-1.00$, with a consensus around 0.50$. Analysts expect a rise to the 0.15-0.20$ range by the end of 2025, representing a 40 to 85% increase from the current level. For 2030, the most optimistic estimates suggest a potential of 2.00$ per token, which would place Kaspa among the top 20 cryptocurrencies by market capitalization.
Minimal transaction fees are a characteristic of Kaspa, even during periods of high activity. The immediate technical objectives for Kaspa are $0.12, $0.15, $0.18-0.20, if the momentum is maintained.
Consumer-grade hardware can be used for mining Kaspa, promoting decentralization. The recent breakthrough above the $0.101 resistance opens the door to the next resistance zone, between $0.105 and $0.11.
The BlockDAG model offers increased resistance to attacks, enhancing the security of the network. Kaspa was developed by Yonatan Sompolinsky, a respected researcher from Harvard who influenced Ethereum research, lending credibility to its technical foundation.
To buy Kaspa (KAS) on Bitget, follow the steps provided in the article. As Kaspa continues to innovate and gain traction, it's an exciting time to explore this promising "Bitcoin 2.0" contender.
[1] https://kaspa.org/technology/ [2] https://medium.com/kaspa/kaspa-the-second-generation-blockchain-bitcoin-2-0-457090e8c767 [3] https://medium.com/kaspa/kaspa-mainnet-launch-1-0-release-notes-7a7963e7d921 [4] https://medium.com/kaspa/kaspa-mainnet-launch-2-0-release-notes-e9e69a2c3fc5
- Kaspa's unique technological advancements, such as the Layer 1 blockDAG structure and the GhostDAG consensus algorithm, distinguish it from Bitcoin, allowing for increased speed, scalability, and security while addressing Bitcoin's main limitations.
- With minimal transaction fees, consumer-grade hardware for mining, and a promising outlook from financial analysts, Kaspa, dubbed as Bitcoin 2.0, provides an exciting opportunity for investors in the rapidly evolving world of cryptocurrency.
