Whales Keep Stacking as Kaspa Community Splits

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

First up, the whales. One wallet in particular – “wallet one” – is living rent-free in everyone’s head. People are watching it scoop up KAS almost nonstop, now sitting at around four-and-a-bit percent of the total supply, with some folks calculating it could hit about five percent by late January if it keeps going. On top of that, there’s chatter that big exchanges like MEXC, Bybit, and Gate each hold a few percent of supply, so the question is: who really owns this thing, and what happens when those bags finally move? For now, the story is simple: retail is scared, whales are eating.

And yeah… it’s been painful. A lot of people are staring at break-evens around six, ten, even fourteen cents while price hovers in that three to four cent zone. You’ve got messages like “two years of dip,” “poverty dag,” and jokes about cardboard box mansions – but in the same breath, others are bragging about feeling “extreme greed,” DCAing weekly, and dreaming of a hundred-x to around three bucks and a one hundred billion market cap. There’s a running meme that 2025 is the Kaspa bear year, 2026 is “Kaspa year,” and 2027 is where the big top lands… if people can actually hold that long.

On the tech side, two big threads kept popping up: quantum resistance and vProgs. Folks reminded each other that Shai – the dev with a PhD in quantum cryptography – has said serious quantum threats are probably more than ten years out, and by then nodes should be roughly ten times stronger, making a quantum-safe upgrade “a minor tweak” rather than a full-blown panic. Meanwhile, vProgs are being treated like some secret weapon – private repos, no public branch, people joking it’s “as secret as a mass destruction weapon.” Some think it’ll boost real usage and fees per block, maybe even help the security budget; others are rolling their eyes at the idea it’ll moon the price overnight.

Finally, a nice bright spot: the miners and maxis. One miner with a cheap KS5L box is pulling in eighty to a hundred KAS a day, even though it’d be cheaper just to buy – they’re explicitly doing it to support network security and for the thrill of solo mining. You’ve also got people selling cars, clearing out garages, splitting bags across Ledgers and Tangems, and saying things like “Kaspa is the future… it’s a lifetime hold,” while dismissing VC-heavy coins and copy-paste projects as trash.

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