#CryptoMarketMildlyRebounds
Kaspa (KAS) is currently in a phase of strong rebound with noticeable whale activity and the development of infrastructure around the network.
1. At the end of November, Kaspa rose by approximately 40-45% in a week after coming out of a multi-month downtrend.
2. Large wallets purchased over 35 million KAS during the dip, which triggered a rally and broke through the $0.05 zone.
3. Technical updates are developing in parallel (DAGKnight, Kasplex) and the ecosystem of bridges and DeFi, but part of the growth is currently fueled by leverage in derivatives.
## Key Events Surrounding Kaspa
Sharp price rebound and breakout of the downward trend
News from the end of November reports that Kaspa rose by 40-45% over the week, bouncing back from a local bottom around $0.036 and returning above the zone of $0.05-$0.06 amid a surge in volume and interest in altcoins. On certain days, the movement reached +25-27% with volume increasing by more than 100% compared to the previous day, which is noted.
Technical analysis in CCN reviews and other publications emphasizes:
1. Break below the descending trend line and exit from the falling channel.
2. Fixation above several moving averages and key levels of $0.047–$0.05.
3. Growth of the RSI and trend indicators indicating a shift in balance towards buyers.
**What it means:** the market perceives the current rebound as a potential beginning of a new upward phase, but after such a rally, the risk of overheating is also high.
Whale activity and leverage on derivatives
Several sources note aggressive accumulation by large wallets: according to the Kaspa Builders team, eight large addresses have collectively purchased over 35 million KAS at a recent low.
This was accompanied by:
1. The daily trading volume has increased more than 2 times, reaching tens of millions of dollars.
2. An increase in open interest for futures and perpetuals on Kaspa by 25–40%, indicating an influx of speculative capital.
3. The increase in the Funding Rate into positive territory, meaning a predominance of longs.
A separate analysis from AMBCrypto highlights that part of the rally is now more reliant on derivatives than on the growth of on-chain activity, which makes the movement potentially fragile in the event of a sentiment reversal.
**What it means:** whales and leveraged traders are betting on a trend reversal in KAS, but a sharp shakeout is possible with a change in sentiment.
Tech upgrades: DAGKnight, Kasplex, and transition to "smart-contract L1"
At a fundamental level, several trends continue to support the narrative around Kaspa:
1. Development of DAGKnight – a new consensus for accelerating and enhancing the security of PoW-blockDAG, which is seen as the next step after GHOSTDAG. This is outlined in the team's technical reviews.
2. Rust implementation ( "Rusty Kaspa" ) and improving node performance, which lays the foundation for higher network throughput and subsequent hard forks for BPS growth.
3. Transitioning from a simple PoW coin to a smart contract Layer-1 through the Kasplex stack, which allows dApps from Ethereum to be transferred with minimal changes. This point is directly mentioned in market reviews as one of the drivers of interest.
Moreover, analytical materials note that the number of testnets and DeFi protocols, DEXs, and bridges is growing in the ecosystem, which is regularly reported on.
Infrastructure and integrations: bridges, Dymension, and "altbet" outside of BTC
Recent articles also highlight infrastructure news:
1. Launch of the first decentralized bridge Kaspa, which facilitates the flow of liquidity between KAS and other networks.
2. Voting and adding KAS as a base asset on the modular platform, which enhances the role of Kaspa in cross-network DeFi scenarios.
3. Media highlight the narrative of Kaspa as a PoW-blockDAG alternative to the "ETF-oriented" Bitcoin, that is, a kind of "pure PoW bet" for those seeking a more volatile exposure, as noted, for example, in the review of top altcoins.
**What it means:** Kaspa is establishing itself not only as a speculative asset but also as an infrastructure L1, onto which bridges, DeFi, and new applications are beginning to be tied.
---
If you want, I can break it down separately:
1. How sustainable is this rally in terms of on-chain metrics and leverage.
2. What price and volume levels for KAS are currently critical for the continuation of the trend.
I rely on the latest news and official materials, but part of the tech plans and metrics is still in development.
Kaspa (KAS) is currently in a phase of strong rebound with noticeable whale activity and the development of infrastructure around the network.
1. At the end of November, Kaspa rose by approximately 40-45% in a week after coming out of a multi-month downtrend.
2. Large wallets purchased over 35 million KAS during the dip, which triggered a rally and broke through the $0.05 zone.
3. Technical updates are developing in parallel (DAGKnight, Kasplex) and the ecosystem of bridges and DeFi, but part of the growth is currently fueled by leverage in derivatives.
## Key Events Surrounding Kaspa
Sharp price rebound and breakout of the downward trend
News from the end of November reports that Kaspa rose by 40-45% over the week, bouncing back from a local bottom around $0.036 and returning above the zone of $0.05-$0.06 amid a surge in volume and interest in altcoins. On certain days, the movement reached +25-27% with volume increasing by more than 100% compared to the previous day, which is noted.
Technical analysis in CCN reviews and other publications emphasizes:
1. Break below the descending trend line and exit from the falling channel.
2. Fixation above several moving averages and key levels of $0.047–$0.05.
3. Growth of the RSI and trend indicators indicating a shift in balance towards buyers.
**What it means:** the market perceives the current rebound as a potential beginning of a new upward phase, but after such a rally, the risk of overheating is also high.
Whale activity and leverage on derivatives
Several sources note aggressive accumulation by large wallets: according to the Kaspa Builders team, eight large addresses have collectively purchased over 35 million KAS at a recent low.
This was accompanied by:
1. The daily trading volume has increased more than 2 times, reaching tens of millions of dollars.
2. An increase in open interest for futures and perpetuals on Kaspa by 25–40%, indicating an influx of speculative capital.
3. The increase in the Funding Rate into positive territory, meaning a predominance of longs.
A separate analysis from AMBCrypto highlights that part of the rally is now more reliant on derivatives than on the growth of on-chain activity, which makes the movement potentially fragile in the event of a sentiment reversal.
**What it means:** whales and leveraged traders are betting on a trend reversal in KAS, but a sharp shakeout is possible with a change in sentiment.
Tech upgrades: DAGKnight, Kasplex, and transition to "smart-contract L1"
At a fundamental level, several trends continue to support the narrative around Kaspa:
1. Development of DAGKnight – a new consensus for accelerating and enhancing the security of PoW-blockDAG, which is seen as the next step after GHOSTDAG. This is outlined in the team's technical reviews.
2. Rust implementation ( "Rusty Kaspa" ) and improving node performance, which lays the foundation for higher network throughput and subsequent hard forks for BPS growth.
3. Transitioning from a simple PoW coin to a smart contract Layer-1 through the Kasplex stack, which allows dApps from Ethereum to be transferred with minimal changes. This point is directly mentioned in market reviews as one of the drivers of interest.
Moreover, analytical materials note that the number of testnets and DeFi protocols, DEXs, and bridges is growing in the ecosystem, which is regularly reported on.
Infrastructure and integrations: bridges, Dymension, and "altbet" outside of BTC
Recent articles also highlight infrastructure news:
1. Launch of the first decentralized bridge Kaspa, which facilitates the flow of liquidity between KAS and other networks.
2. Voting and adding KAS as a base asset on the modular platform, which enhances the role of Kaspa in cross-network DeFi scenarios.
3. Media highlight the narrative of Kaspa as a PoW-blockDAG alternative to the "ETF-oriented" Bitcoin, that is, a kind of "pure PoW bet" for those seeking a more volatile exposure, as noted, for example, in the review of top altcoins.
**What it means:** Kaspa is establishing itself not only as a speculative asset but also as an infrastructure L1, onto which bridges, DeFi, and new applications are beginning to be tied.
---
If you want, I can break it down separately:
1. How sustainable is this rally in terms of on-chain metrics and leverage.
2. What price and volume levels for KAS are currently critical for the continuation of the trend.
I rely on the latest news and official materials, but part of the tech plans and metrics is still in development.
