Kaspa Capitulation or Turning Point?

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

First up… the vibe in chat was ROUGH. A lot of people were doomposting hard, calling Kaspa “dumping,” asking “why are we at 4 cents,” and even throwing out the dreaded “1 cent is a magnet” line. You could feel that end-of-year exhaustion too — folks joking about “tax loss harvesting season ends tonight,” and generally acting like it’s been a brutal stretch. The key takeaway: sentiment skewed heavily bearish and kind of capitulation-y, with a few people basically asking if this is just “what it does.”

The most substantive convo, though, was around miners and network health. People went back and forth on whether it even makes sense to mine KAS “directly at a loss,” and what the incentive is as rewards dwindle. One side was like, “mining’s just a margins game with cheap power,” and the other side pushed back hard: without miners making a fair income, the chain gets “cooked,” and “hash and price go together.” The interesting nugget: someone floated a “worst case” idea — a soft fork to raise fees — and framed it as, “at least we’re not stuck with ossification slowing progress.” It wasn’t panic… but it was definitely a serious thread under all the noise.

On the brighter side, there was a legit morale boost when people noted the “BTC official channel” talked about Kaspa — specifically around “Kasplex zkEVM.” The community read that as more eyeballs drifting in, and even the skeptics admitted, “that’s not the worst for us.”

And builders are still building. One dev joked they opened VS Code to fix one bug and ended up fixing eight. There was also chatter about shipping a first “vprogs app,” plus the community trying to rally “200 hackers” for a first “Kaspathon” — they said they’re at 117 so far, so they need 83 more to hit the goal.

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