Kaspa Transactions Surge – Real Use or Just Testing?

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

First up: a LOT of people noticed a sudden burst of on-chain activity and were like, “uh… why so many transactions?” The chat quickly narrowed it down to Igra activity — folks pointed out a single send of about 20 million KAS, roughly 6 thousand transactions, and even “140 million worth of transactions” being shown. But the big caveat was loud and clear: it looked inflated and “testing probably,” not normal day-to-day usage. Somebody also mentioned “nine-point-nine blocks” in the mix, but the takeaway was basically: don’t let headline transaction counts fool you… context matters.

Second highlight: the dev-nerd corner got spicy… in a good way. There was a real back-and-forth on the hardfork and covenants — with one side saying it should make “simple logic” easier, and the other side correcting the record that this is NOT “no consensus changes.” Someone explicitly said there are multiple consensus changes, new op codes, and new consensus rules.

On the technical details, they dug into what covenant_id might do to node requirements and fees. One estimate: covenant_id in the UTXO set is about 32 bytes, and another person replied it’s about 33 bytes more storage. The fee angle wasn’t totally settled, but the logic was: covenant_id itself adds storage mass, and bigger scripts could indirectly mean higher fees.

That led into a mini call-to-action: “also run a node.” And someone argued that if people want price action to turn around, running a public node would help faster than almost anything.

Third: status check time. Someone asked how “tn12” is doing, and the response was basically “it’s doing fine.” People are experimenting with SilverScript, there are private discussions with folks testing things out, and builders said they’re actively creating developer tooling to make adoption smoother. They also noted Maxim is “deep into zk,” and the overall vibe was that core-level development energy is unusually high right now.

Fourth: mood check. A few people said their portfolios are hurting and asked why Kaspa is “so far down,” but you still had buyers stepping in — one person said they bought KAS via Revolut using Swiss francs. Right next to the pain, there was the classic long-term optimism: “long term up only,” “ecosystem is growing every day,” and dreams of pushing beyond 10 dollars-plus.

Fifth: stablecoins. People asked why there’s still no USDT or USDC on Kaspa, debated whether stables help manage volatility or just “empower” the existing system, and one person flatly answered “No” to the idea of a decentralized stablecoin.

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