KAS reclaims 3 cents, monthly close showdown looms!

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

First up, KAS briefly reclaimed the three-cent level, sparking a full-on celebration across the chat. Community members reported Kaspa outperforming Bitcoin and several other coins during the short move, while its market ranking climbed to around seventy-nine. For a moment, the mood flipped from pure despair to “POOMPAAAA” and moon boots. The excitement cooled quickly, though, as KAS slipped back near 2.9 cents. Still, volume was reported up roughly seventy-five percent.

The big technical focus is now the monthly close. Several traders want to see KAS finish around 3.5 cents or higher, with some viewing that as confirmation that the bottom may be in. Four cents remains the key battleground. The bullish camp believes another test could finally produce a breakout, potentially opening the path toward five cents and beyond. Others expect a slower recovery and continued accumulation between three and four cents. Meanwhile, concern remains around the KAS-to-Bitcoin pair, which some participants said could close at a new monthly all-time low.

Wallet number one stayed firmly under the microscope. One estimate placed Kaspa emissions at slightly under two million KAS per day, with the largest wallet reportedly buying around one million per day. Based on that calculation, current demand outside this wallet may be below one million KAS daily. The takeaway was simple: the wallet is supporting demand, but broader buying would still be needed for a sustained move higher. Community members also debated whether its purchases involve Bitvavo and other exchanges, but no confirmed identity emerged.

Liquidity was another major topic. Participants described KAS as extremely thinly traded, with one buyer claiming their own orders moved the price by three to four percent and triggered apparent arbitrage activity. Reported Hyperliquid open interest was only about one million dollars, compared with thirty million for SUI. That low liquidity cuts both ways: sellers can hurt the chart quickly, but meaningful new demand could also move KAS surprisingly fast.

Finally, the community remained sharply divided between long-term conviction and aggressive price expectations. Targets ranged from a simple return to previous highs all the way to multiple dollars, while cooler heads warned against budgeting money that has not been made yet.

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