KAS under 3 cents: gift or warning?

Hey, welcome to Kaspa Daily Pulse, here's what the Kaspa community's been buzzing about today.
First up, price pressure dominated the mood. KAS was quoted at roughly 2.62 cents, with several people expecting another low and joking that anything below 3 cents is either a gift... or a warning. Sentiment was clearly split. Some holders remain confident and are buying, while others think the market has not fully flushed out weak hands yet. One prediction called for a 20x move, but others pushed back, arguing that monetary policy and tough competition among altcoins make that far from guaranteed.
The second big topic was adoption and market access. Community members questioned why Kaspa still lacks spot listings on major tier-one exchanges and is not available on Hyperliquid. For some, that is simply the cost of being early. For others, it is a meaningful disadvantage that limits liquidity and visibility. There was also debate around Kaspa potentially reaching 10 dollars, with the more cautious view being that adoption would need to approach Ethereum-like levels in a much more crowded market.
Security became another major concern after discussion of the reported Coldcard exploit. Chat participants claimed losses had climbed from around 90 million dollars to 130 million dollars, although no formal confirmation was shared in the conversation. The debate focused on whether moving Bitcoin from an affected wallet could itself be risky because attackers may monitor pending transactions and use higher fees to redirect funds. That naturally led back to Kaspa custody. Several holders said they split funds across Ledger, Tangem, and OneKey rather than trusting one device.
That discussion also highlighted Kaspa’s largest wallet, which was said to hold more than 1 billion KAS. Community members called that concentration unnecessarily risky and questioned who controls the address. No confirmed identity was provided.
Finally, there was a technical clash involving a Flux commentator criticizing Kaspa for lacking archival nodes and claiming Flux handled chain bloat better. Kaspa supporters said he misunderstood the architecture and failed to explain the supposed improvement clearly. The exchange became heated, but the real takeaway is simple: archival history and chain bloat remain topics the community wants explained with more technical precision, not influencer theatrics.
So, confidence in Kaspa’s technology is still there, but price weakness, listings, wallet concentration, and custody risks are testing everyone’s patience.
That's it for today's pulse. Let's see what tomorrow brings. Catch you then.