Kaspa
kasRank #80Kaspa (KAS): a fair-launched proof-of-work network that parallelizes blocks via a BlockDAG instead of a chain
Kaspa (KAS) is a proof-of-work cryptocurrency that replaces the single-file blockchain with a BlockDAG, a directed acyclic graph in which blocks are produced in parallel and ordered afterward by its GHOSTDAG protocol. Launched in November 2021 with no pre-mine, no pre-sale, and no allocations, it is community-managed and leans hard into hard-money principles, aiming for very high block rates while preserving the security-first ethos of Bitcoin-style mining.
Fair-launch distribution and the utility gap
The distribution story is its cleanest argument: an emission with no insider carve-out and rapid block production that supporters frame as reinforcing decentralization, positioning KAS as a fast medium-of-exchange asset rather than a governance or fee token. The counterweight is utility. Smart-contract capability, slated to arrive through based rollups without fragmenting liquidity, remains a work in progress, so today the network is money-first; a front-loaded emission schedule and reliance on sustained hashrate and adoption to hold its security threshold are the honest risks.
Who Kaspa appeals to
KAS draws proof-of-work believers who value fair launch and technical novelty over an existing app ecosystem. Consider that framing carefully; none of this is advice.
- 1. Choose an exchange. Pick a reputable exchange that lists KAS — among the venues we rate highest are Binance, OKX and Kraken.
- 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
- 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
- 4. Buy KAS. Search for KAS, choose a market or limit order, enter your amount, and confirm.
- 5. Secure your coins. For long-term holdings, withdraw KAS to a self-custody wallet you control rather than leaving it on the exchange.
Compare venues in our independent exchange ratings. This is not financial advice.
What is Kaspa (KAS)?
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Kaspa (KAS) is a proof-of-work cryptocurrency that replaces the single-file blockchain with a BlockDAG, a directed acyclic graph in which blocks are produced in parallel and ordered afterward by its GHOSTDAG protocol. Launched in November 2021 with no pre-mine, no pre-sale, and no allocations, it is community-managed and leans hard into hard-money principles, aiming for very high block rates while preserving the security-first ethos of Bitcoin-style mining.
What is Kaspa used for and how does it work?
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## Fair-launch distribution and the utility gap
What is the market cap and rank of Kaspa?
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Kaspa has a market capitalization of $720.64M, ranking #80 among all cryptocurrencies, on 24-hour trading volume of $9.14M.
How many KAS are in circulation?
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There are 27,495,108,540 KAS in circulation out of a maximum supply of 28,704,026,601 KAS.
What is the all-time high of Kaspa?
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Kaspa reached an all-time high of $0.207411 on Jul 31, 2024. It currently trades 87% below that level.
Is Kaspa a good investment?
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Simple Crypto Signal does not provide financial advice. KAS draws proof-of-work believers who value fair launch and technical novelty over an existing app ecosystem. Consider that framing carefully; none of this is advice. As with all crypto, Kaspa is volatile and can lose value quickly — do your own research before investing.