Kaspa has emerged as one of the most promising blockchain projects that prioritize scalability while preserving decentralization. Kaspa, based on the unique GHOSTDAG protocol and using a Proof-of-Work consensus, confirms blocks quickly and provides a consistent performing network through the unique multi-blocks, parallel orders of blocks feature. Kaspa’s block architecture has a unique advantage on transaction throughput in a decentralized manner, and is gaining traction with community support and development, positioning itself as a viable alternative to legacy networks. The momentous upgrade to support smart contracts will enable a vastly expanded ecosystem and potential real-world use cases like DeFi and NFTs.
Kaspa Price Analysis For July 28, 2025
The KAS price analysis shows mixed momentum, shifting from a sharp drop to sideways consolidation. KAS/USDT began the day with a clear downward channel, starting around 00:30 UTC. Selling pressure dominated early as the KAS price dropped steadily from above $0.105800 to a low near $0.103300 by 01:45 UTC. This sell-off created a short-term bottom, marked by an oversold RSI and a MACD golden cross around 01:50 UTC, indicating a potential recovery.
From 02:00 UTC, Kaspa Price began forming an upward channel, reclaiming bullish momentum. The RSI climbed out of oversold, and another MACD golden cross appeared at 02:30 UTC, confirming upward strength. By 03:45 UTC, the price peaked near $0.105500. RSI reached overbought territory, hinting at exhaustion. Between 04:00 and 05:15 UTC, KAS traded in another upward-sloping channel, but momentum weakened. A death cross on MACD and an overbought RSI at 04:30 UTC signaled a reversal. At 05:20 UTC, a sharp KAS breakout to the downside confirmed the loss of buying strength. Price plunged quickly, forming a downward channel that lasted till 06:30 UTC, retracing back to the $0.103400 zone.
Chart 1- KAS/USDT M1 Chart, Analysed By Anushri Varshney, Published on TradingView, July 28, 2025
By 06:45 UTC, the market saw signs of a rebound. A MACD golden cross and oversold RSI helped KAS recover slightly. However, by 07:30 UTC, another death cross and weaker bounce capped gains, forming a lower high near $0.104800. From 08:00 UTC onwards, the Kaspa Price entered a tight trading range between $0.103900 and $0.105100. By 11:00 UTC, KAS/USDT was trading near $0.103750, barely changed from the day’s open. Currently, Kaspa Price remains neutral, waiting for fresh momentum to break out of the range.
Kaspa Surges 40% as Smart Contract Launch Sparks Investor Optimism
Kaspa’s native token, KAS, has surged nearly 40% over the past week, driven by rising trader interest and a major upcoming upgrade. The momentum comes just as the network launches the ability to take on smart contracts through its Casplex Layer 2 solution due to launch on August 31st. This will allow developers to build decentralized applications on the Kaspa network, creating new use cases in DeFi, NFTs, and additional on-chain developments. This represents a stepping stone for the team at Kaspa, who successfully brought to life a Proof-of-Work, GHOSTDAG protocol, to help with scalability and the level of decentralization. If the team can jump into an already competitive sector against top-tier projects like Ethereum and Avalanche, this could be beneficial to attract developers and subsequent long-term investors onto the protocol.
From a technical standpoint, KAS has broken the $0.10 price barrier and recently saw highs of $0.1153. It is now testing the tip of a symmetrical wedge that has persisted for a long time and has the potential to break out fully through the $0.117 dimension. If KAS can rally enormously into a level over the $0.117 mark, we could see targets at $0.13 and $0.16. Whilst the Chaikin Money Flow Indicator shows tides of +0.17, indicating strong capital inflows. Kaspa appears to be going from strength to strength as we see more and more investment interest in the project.
Kaspa Price Prediction Remains Bullish Ahead of Smart Contract
Looking ahead, the Kaspa price prediction remains optimistic as momentum builds toward the network’s smart contract integration on August 31. The recent weekly rally of 40% along with a breakout above resistance at $0.10 indicates continued bullish sentiment. KAS is at the upper diagonal of a symmetrical wedge pattern and a confirmed break above $0.117. This will lead to higher targets at $0.13 and $0.16.
From a technical perspective, the Relative Strength Index is 79.56 showing strong buying interest, and it hit 80, so this is entering overbought areas. The Chaikin Money Flow reading of +0.17 indicates serious capital inflow. The launch of smart contracts with Casplex Layer 2 will improve utility on the network. This helps in encouraging developers to build further supporting Kaspa’s ecosystem. Should bullish strength continue, the Kaspa price may remain in an upward trajectory for the next couple of weeks.
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