Kaspa jumps 10.16% as on-chain activity rises and halving event reduces inflation

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Kaspa jumps 10.16% today to $0.0353

Highlights

Kaspa's daily transaction volume surged 30% as users embraced its BlockDAG protocol, driving on-chain activity and growth.
A May network hard fork will introduce programmable smart contracts (KRC-20), positioning Kaspa for upcoming DeFi adoption with $50 million locked and 5% annual inflation post-halving.
KAS trades in a bullish short-term range between $0.0315 and $0.0370, but mixed momentum and overbought signals suggest a consolidation or possible pullback ahead.

On-chain growth accelerates as DeFi upgrade and halving shift sentiment

Kaspa’s on-chain activity has seen a notable increase, with daily transaction volume up 30% as users adopt the BlockDAG protocol. The project currently has $50 million in total value locked and reports a circulating supply comprising about 80% of its 28.7 billion tokens, with annual inflation now reduced to 5% following its most recent halving event. The ecosystem is also anticipating a May network hard fork to enable programmable smart contracts (KRC-20), which will introduce DeFi applications to Kaspa.

Mixed momentum persists as bullish indicators meet overbought signals

Technically, KAS remains above the SMA-20, SMA-50, and the Ichimoku Kijun ($0.0313), which collectively form a strong support zone. However, it is still under the long-term bearish threshold set by the SMA-200 ($0.0513). Immediate resistance appears at $0.0370, with support in the $0.0313–$0.0315 zone. Oscillator signals are mixed: while RSI at 64.95 confirms bullish momentum, Stoch RSI and CCI both suggest an overbought short-term state; ADX on the daily chart points to a weak trend, MACD is neutral, and BBP with the Awesome Oscillator favor buyer dominance.

Sideways price action expected as breakout odds remain low

Over the next five sessions, KAS is likely to consolidate within the $0.0315 to $0.0370 volatility band relative to current levels. With less than a 20% probability for a further breakout, the most probable scenario is for the price to continue trading sideways in this corridor. A close above $0.0370 would signal a possible swing to higher resistance, while a drop below $0.0313–$0.0315 may attract additional selling pressure.

Anton Kharitonov, analyst at Traders Union, sees Kaspa in a textbook short- to medium-term uptrend, but long-term sentiment remains weak as it trades under the SMA-200. He notes a fundamental boost from rising on-chain activity and the upcoming smart contracts upgrade, but technicals show mixed momentum and overbought signals. Resistance at $0.0370 limits immediate upside while the support zone around $0.0313–$0.0315 is key for downside risk. "I remain cautious — unless Kaspa clears $0.0370 with conviction, there’s no reason to chase the rally at these levels."

Earlier, analysts noted that Kaspa was demonstrating cautious short- and medium-term bullish momentum despite lingering long-term resistance and mixed technical signals. The current article reaffirms this outlook, emphasizing that traders should watch for a decisive move outside the $0.0315–$0.0370 range as the next directional catalyst.

Source of Data: KAS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.