Whales Dump 100M+ KAS as TPS Spikes
“Hey, welcome to Kaspa Daily Pulse – here’s what the Kaspa community’s been buzzing about today.”
First up, the big theme was sell pressure. Multiple posts flagged a large holder off-loading chunks — first a move tied to a shared address with about 32 million KAS, then claims of roughly 116 million today and around 181 million over two days. That fueled the “dumping before weekly close” chatter and a lot of hand-wringing like “are we headed to seven cents?” One message even called out “back to eight point two five cents” during the slide. Net vibe: cautious… but plenty of “buying the dip” bravado still showing up.
Second, network activity spiked — people asked, “why so many transactions per second right now?” with notes that the live feed “can’t keep up.” Explanations ranged from Kasplex noise to TBDAI “preloading” wallets and minting NFTs for businesses. One back-of-the-napkin estimate put all that bustle at roughly three hundred fifty dollars in total fees — more headline than revenue. Meanwhile on testnet ten, users openly spammed traffic to around three hundred TPS just to see the counters fly.
Third, smart-contracts buzz — and impatience. Some thought SCs were landing on “the thirteenth,” others pointed out there’s “still no news” and reminded folks this is an L2, not native SCs. Expectations are high: borrowing and lending pilots, bridges in the works, maybe even projects porting over from Ethereum. At the same time, there were pleas that the Kasplex rollout “be better than KRC-20s,” and even a jab that “Kasplex broken TPS.” Anticipation meets frayed nerves.
Fourth, tooling friction. “Ledger Live integration taking forever” came up more than once. The community also joked — and groaned — about tip bots: tip.cc “goes kaboom right when KAS tries to get integration,” while others begged for any working tip solution. It’s not glamorous, but these little UX wins matter for day-to-day stickiness.
Finally, the mood swings. Macro talk about the Fed, BTC’s wobbles, and “Monday bloodbath” vibes whipsawed sentiment from “it’s over” to “never mind, we’re back!” in minutes. Calls like “last chance under ten cents” battled with “see you at one dollar (someday).” Underneath the noise, the long-view crowd kept repeating the same mantra: be patient, discount short-term price action.
Breathe. Today’s takeaway: whales and volatility drove nerves, TPS fireworks drove curiosity, Kasplex timelines drove debate, and integrations drove a few eye-rolls — but the core conviction didn’t crack.
“That’s it for today’s pulse. Let’s see what tomorrow brings. Catch you then.”