Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Kaspa Developer Activities Increasing: Here’s How It Could Affect KAS Price

Even while KAS price has been struggling, hovering around $0.049 after a 60% drop since May, something interesting is happening behind the scenes

Developers are increasingly choosing Kaspa as their go-to blockchain for building projects. An analyst from QuickCrypto YouTube channel has pointed out that the real story is about the foundation being built and how that could shape the future of KAS token.

Why Developers Are Choosing Kaspa and What This Means for KAS Token

QuickCrypto analyst explains that Kaspa stands out because it isn’t just a payment coin. Its network is designed to be a protocol layer for blockchain applications that offers scalability, decentralization, and security. Builders who need a solid framework to launch projects find this particularly appealing.

The analyst notes that developers like Cityscape have moved away from other platforms after realizing that many alternatives rely on corporate-heavy frameworks rather than true technological innovation. For creators, working on a network focused on foundational technology is more valuable than chasing hype.

Developer adoption often comes before price growth. While KAS token might not see an immediate jump, the growing ecosystem and new tools could create demand over time.

The analyst from QuickCrypto notes that KAS price bounced from $0.036 to around $0.051, showing resilience despite broader market weakness. A steady support band may prevent deeper declines, providing a base for future growth.

Building Momentum Through Projects and Tools

Kaspa is growing fast. Testnets like Yggdrasil Labs have processed over 10 million blocks without a glitch, and the mainnet is approaching. Bridges for stablecoins such as USDC are being tested, which could expand the network’s utility for both developers and users.

QuickCrypto analyst emphasizes that these upgrades aren’t just technical; they create a framework that could support KAS token’s value in the long term. Adoption and practical applications are the key drivers here, rather than short-term price movements.

Short-Term Challenges Remain for KAS

Despite this positive momentum, KAS price is still vulnerable to the overall crypto market. QuickCrypto analyst stresses that Bitcoin and other major cryptocurrencies largely dictate short-term trends. Investors are advised to approach KAS token logically rather than emotionally during volatile periods.

Regulatory clarity also remains an important factor for attracting institutional investment. While adoption is growing, wider market participation could depend on clear rules for tokenized assets.

Read Also: Here’s Why Shiba Inu (SHIB) May Not Be Dead After All

Kaspa is slowly establishing itself as a network for builders and developers, laying the groundwork for long-term adoption. QuickCrypto believes that while price fluctuations grab attention, the real story is the increasing engagement from developers and projects.

If Kaspa continues on this path, KAS token could see rising demand and broader market relevance in the months ahead. Watching how the ecosystem grows might be just as important as monitoring price charts.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Kaspa Developer Activities Increasing: Here’s How It Could Affect KAS Price appeared first on CaptainAltcoin.

KAS15.01%
BTC4.37%
SHIB1.74%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)