The current price of Kaspa reflects the broader market trend, with Bitcoin facing challenges. The KAS token recently bounced back from $0.028 and is now holding at $0.03. If there is a significant breakout in the near future, driven by potential catalysts, bulls may aim for $0.10 in the upcoming months.
Over the past month, Kaspa (KAS) price has dropped by 22%, and since reaching its peak above $0.13 in May 2025, it has fallen by over 64%. The token is currently trading around $0.03, caught in a prolonged downtrend due to the overall weakness in the crypto market. Recent market conditions saw Bitcoin retesting lows of $65,600 and Ethereum nearing $1,900, causing most altcoins, including Kaspa, to decline.
Reasons why Kaspa bulls might have an advantage
Despite the possibility of revisiting recent lows, there are bullish catalysts on the horizon. Coupled with the current market strength, these potential triggers for upward movement suggest that buyers may have the upper hand in the coming months. For KAS to succeed, bulls need to navigate the challenges in the broader crypto market while maintaining the $0.03 support level.
One significant milestone is Kaspa’s network surpassing 600 million total transactions. Data from the Kaspa Explorer indicates that total transactions have exceeded 604 million, showcasing the efficiency of the BlockDAG protocol with sub-second confirmations.
Another crucial development is the impending hard fork of Kaspa scheduled for May. This upgrade will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript to facilitate easier Layer 1 development.
Furthermore, nearly 95% of the maximum supply of 28.7 billion KAS tokens has already been mined, and any move towards the supply limit will further reduce new coin emissions. With favorable market conditions aligning, the KAS price stands to benefit.
Analysis of Kaspa price movement
While the upcoming events favor the bulls, the current price action suggests a potential battle between buyers and sellers for control. KAS has been in a downtrend since late 2025, reaching lows of $0.028 in February. The daily chart indicates a critical supply zone at the descending 50-day and 100-day simple moving averages, with bulls encountering resistance around these levels repeatedly.
If the price fails to break out convincingly, negative market conditions could deepen the downtrend, with potential support at $0.025. On the upside, immediate obstacles are at the 50-day and 100-day SMAs near $0.036 and $0.041.
The key level for the bulls to overcome is $0.050-$0.055, a region that previously acted as a supply barrier and above which KAS could rally towards $0.10 or higher. Notably, in mid-December 2025, the Kaspa price surged to nearly $0.05 amid excitement surrounding KAS listing on HTX.
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