Kaspa's market cap reaches $1.43 billion, ranking 34th globally

Kaspa's Market Position and Valuation Analysis

As of December 2025, Kaspa (KAS) has established itself as a significant player in the cryptocurrency ecosystem with a market capitalization of $1.43 billion, securing the 34th position globally. This valuation represents a substantial achievement for a Layer-1 blockchain protocol that distinguishes itself through the implementation of the GHOSTDAG consensus mechanism.

The market cap positioning reflects Kaspa's growing recognition among investors and developers seeking scalable, proof-of-work alternatives. Unlike traditional blockchain architectures that isolate parallel blocks, Kaspa's GHOSTDAG protocol allows simultaneous block creation and organization, addressing fundamental scalability challenges that plague many networks. The token has demonstrated notable price movements throughout 2025, experiencing approximately 13.23% growth over the past 30 days despite broader market volatility. With over 540,000 token holders and listings across 29 major exchanges, Kaspa has cultivated a diverse investor base. The project's market share of 0.043% within the broader cryptocurrency landscape, combined with its fully diluted valuation matching its current market cap at $1.43 billion, indicates mature supply dynamics with 93.29% of total tokens already in circulation.

KAS trading volume hits $38.2 million in 24 hours

Kaspa (KAS) has demonstrated significant market activity, with the cryptocurrency recording a 24-hour trading volume of $38.2 million. This substantial trading activity underscores growing investor interest in the Layer-1 blockchain network. The current market metrics for KAS reveal a comprehensive picture of its position within the cryptocurrency ecosystem.

The elevated trading volume reflects strong market engagement with Kaspa's innovative GHOSTDAG protocol, which enables parallel block processing while maintaining proof-of-work security. The $38.2 million volume indicates that institutional and retail traders are actively participating in KAS markets across multiple exchanges. This level of trading activity provides essential liquidity for market participants seeking to enter or exit positions. With Kaspa's circulating supply of 26.90 billion tokens and a market cap reaching $1.52 billion, the cryptocurrency maintains a stable position among Layer-1 solutions. The recent 3.81 percent 24-hour price increase suggests positive market sentiment, potentially driven by increased adoption recognition and technical developments within the network.

Circulating supply of 26.98 billion KAS with 93.29% in circulation

Kaspa's token distribution demonstrates a well-established circulating supply of 26.98 billion KAS coins, representing 93.29% of the total supply already in circulation. This high circulation percentage indicates a mature tokenomics structure where the vast majority of tokens have been released into the market, reducing future dilution concerns for current holders.

The remaining 1.71% of tokens comprises approximately 1.91 billion KAS, which are still locked or reserved within the project's allocation schedule. With a maximum supply capped at 28.7 billion coins, Kaspa maintains a predictable and transparent emission schedule that prevents unlimited inflation.

This distribution model reflects Kaspa's commitment to sustainable growth and fair market dynamics. The high circulation ratio provides market participants with confidence in the token's scarcity and long-term value proposition, while the controlled release of remaining tokens ensures continued network support and incentive alignment with the project's development roadmap.

FAQ

Is kas coin a good investment?

KAS coin shows promising potential for 2025. With its innovative technology and growing adoption, it could offer significant returns. However, as with any crypto investment, careful research is advised.

What is kas coin?

KAS coin is Kaspa, a cryptocurrency using BlockDAG architecture and GHOSTDAG protocol for near-instant transactions and high scalability. It processes one block per second with proof-of-work security, aiming to solve blockchain's throughput-security trade-off.

Can Kaspa reach $10 dollars?

Yes, Kaspa could potentially reach $10 given strong market growth and widespread adoption of its innovative blockchain technology.

How high will Kaspa go?

Kaspa could potentially reach $100 by 2025, based on market trends and technology adoption. However, future price predictions are speculative.