- Kaspa surges 32.10%, outstripping the broader market’s 6.70% gain.
- Investor confidence surges as trading volume rockets 186.50%, hitting $115M in 24 hours.
- KAS sets a new high at $0.1894, and the market cap soars to $4.27B.
Kaspa (KAS) has made headlines for its outstanding performance in the cryptocurrency market, especially after it set an all-time high. Moreover, in the last week, Kaspa has gained 32.10%, outperforming the broader cryptocurrency market, which rose by 6.70%, and L1 cryptocurrencies, which grew by 5.70%.
KAS/USD 24-hour price chart (source: CoinStats)
This rally is the most extended series of gains for Kaspa since its outstanding increase during October-November of last year. At press time, KAS was trading at $0.1858, a 12.84% surge from the intra-day low.
Kaspa Outperforms Market Expectations
During the rally, Kaspa’s trading volume skyrocketed by 186.50% in the last 24 hours, hitting $115,381,070. This increase in market activity indicates increasing demand for Kaspa, further confirmed by its most recent record high of $0.1894. Concurrently, the market capitalization soared to $4,277,352,844, a 14.55% surge.
The post Kaspa (KAS) Hits New All-Time High, Can It Climb Higher? Indicators Weigh In appeared first on Coin Edition.