Kaspa's price surged 20% in a single day, primarily driven by open interest jumping from $9.89 million to $13.64 million and rising funding rates, indicating strong bullish market sentiment. This upward momentum is mainly attributed to market anticipation of the network's upcoming hard fork scheduled for May 5, which is expected to introduce smart contract functionality, such as vProgs and Covenants. Currently, Kaspa's price is testing resistance near $0.050, with additional target levels at $0.062 and $0.074, while support is at $0.030.

KAS2,49%

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