Kaspa Holds Strong as Hashrate Defies Market Drop
Hey, welcome to Kaspa Daily Pulse – here’s what the Kaspa community’s been buzzing about today.
First up: resilience on the network side. Despite chatter about a roughly “minus twenty percent” week and quotes hovering around five cents, miners noted the hashrate barely moved. Some are debating whether to power down hosted rigs at around two hundred dollars a month, swap gear for KS7 lites, or just DCA the equivalent into KAS. The vibe? Grim humor… but steady hash.
Second: the CEX debate turned spicy. Several voices blamed market makers and exchanges for suppressing price, pointing at MEXC and Gate wallets “juggling” about six million KAS a day and arguing that Tier-1 listings cost millions plus a slice of supply—numbers that put community funding out of reach. Others pushed back, saying tagged wallets they track are closer to single-digit percent of supply. Either way, exchange dynamics were front and center.
Third: wallets & custody got a lot of love. OneKey rolled a firmware update—folks are testing whether blind signing and decoding improved—while others are eyeing Tangem versus Ledger, splitting holdings across multiple cold wallets, and even noting that Ledger Live now shows Kaspa, prompting a few impulse hardware buys. The through-line: people are tightening their security setups during chop.
Fourth: funding clarity. The crowd revisited long-standing buckets: the Rust fund—“allocated; devs need to collect”—and the DagKnight fund, which was prefunded and, per community comments, won’t be touched until the work is completed. Some grumbled about timelines; others stressed you can’t reallocate those pools. Net effect today: renewed scrutiny, but no new moves.
Fifth: builder energy, even in the red. A community dev demoed a vault/wallet app pair: the vault lives on an air-gapped Android holding your keys, while the companion wallet creates unsigned transactions and hands them to the vault via QR codes to sign. It’s DIY op-sec that fits Kaspa’s self-custody ethos.
Bonus quick hits: infra folks were swapping archival node endpoints after a desynced indexer, and macro chat resurfaced last week’s flash-crash story—with some claiming about twenty billion in liquidations across the market—plus hopes for better November tailwinds.
If you’re feeling worn out, you’re not alone. But today’s thread had a clear heartbeat: keep the lights on, harden custody, and push through the noise while builders… keep building.
That’s it for today’s pulse. Let’s see what tomorrow brings. Catch you then.