Kaspa Panic vs Conviction: Community Split Today

Hey, welcome to Kaspa Daily Pulse – here’s what the Kaspa community’s been buzzing about today.

So, first up, the vibe across the whole market is rough. People were sharing that the total crypto market cap is sitting around three trillion dollars and down a bit over four percent on the day – and Kaspa rode that wave down too, chopping around the three-to-four-cent area. Fear is thick: folks are talking about being down over eighty percent from their entries, checking price “50 times a day,” and even doomsday calls like “Kas dead” and “under a penny if Bitcoin hits the low forty-thousands.”

But that leads into the second big theme: pure despair versus stubborn conviction. One camp is yelling “it’s over,” calling Kas “Kadena 2.0,” saying the run is done for years and that if it goes to zero, so be it. The other side is doubling down – literally. People are DCA’ing every week, some talking about selling cars, bikes, even portfolios earlier just to load Kas, and joking they’ll “die with my KAS” rather than sell. You’ve got everything from “buy now or cry later” to “I’ll just hold and become a whale under a penny.” It’s maximum emotional whiplash.

Highlight three: builders and tech aren’t slowing down. vProgs is the keyword of the day. Folks are saying Yoni’s pushing to get the vProgs framework on testnet sooner rather than later so devs can actually start building with it, and there’s even chatter about Aspect collaborating to enhance vProgs. The mood is that this is the first real adoption-oriented upgrade, very different from the earlier “10 bps” type news that traders just sold into. People are realistic though – they’re calling vProgs a big milestone for usability, but not expecting an instant moon candle off the announcement alone.

Fourth, there’s a lot of blame and theory-crafting about why price feels so heavy. Some are convinced Kaspa is being “killed” by leverage games on three major exchanges, saying corporate greed at places like Binance and Coinbase crushed the upside and that you “can’t win against screwed up futures books.”

Others zoom out and frame it as a rails war: big exchanges want to own the financial rails, while Kaspa is trying to make those rails public, so of course the incumbents aren’t eager to help.

And finally, a tiny glimmer of rational cope: a few people noticed Kaspa’s drop now mostly tracks Bitcoin instead of massively underperforming it, and KAS/BTC even ticked slightly up intraday – plus the fear-and-greed index is down near the low teens. Translation: yeah, it hurts, but some see this as the kind of ugly zone where future winners quietly accumulate.

That’s it for today’s pulse. Let’s see what tomorrow brings. Catch you then.