Dev fund drama: for-profit Kaspa spending?

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

First up, the dev fund debate got heated. Community members discussed expanding how the fund can be used, including possible for-profit activity. Some were open to it if the spending genuinely benefits Kaspa, while others clearly opposed changing the rules. The fund was said to hold roughly 1.4 million KAS, although the conversation quickly descended into jokes about cheeseburgers, fries, and shared ketchup packets. Bear-market budgeting at its finest.

Price sentiment remained rough. KAS was mentioned around 2.79 cents, with one holder reporting an average entry near 23 cents. Several people expect more sideways movement, possibly lasting many months, while bearish predictions ranged from the 2-cent area down toward 1 cent. Others argued that the October 10 wick marked the bottom and predicted a new all-time high around the third quarter of 2027. None of those forecasts came with verifiable evidence, so treat them as community positioning, not established analysis.

There was also confusion around exchange wallet activity. A Kraken-linked wallet was said to have received 4.7 million KAS today and reached rank number 10. Some initially framed that as Kraken buying, but others pointed out that rising exchange balances usually indicate users depositing coins, often with the intention to sell. One useful technical clarification followed: every trade has both a buyer and seller, but aggressive market sell orders can still push the best available bid lower.

Mining discussion focused on ZKAS, described in chat as a privacy-focused Kaspa fork available through merge mining on the RK Stratum pool. Participants mentioned no premine but a 5 percent developer fee from blocks. Sentiment was mixed. Some miners liked being able to accumulate it while continuing to mine KAS, while others expected it to follow the weak performance of previous Kaspa forks unless development continues independently.

Finally, the roadmap conversation is still alive. People asked about DagKnight, SilverScript, and Argent, while noting that almost a month has passed since Toccata. The mood around the technology remains much stronger than the mood around promotion and price. As one participant put it, the coin may be solid, but the promotion is the problem.

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