Kaspa price steadies as network activity and bullish sentiment rise

Kaspa (KAS) has fallen sharply from its all‑time high of about $0.20 to roughly $0.026, a drop of around 87%. Despite the weak price, the cryptocurrency recorded the highest bullish sentiment on CoinMarketCap, receiving 90.5% positive votes and overtaking Pi Network. Network metrics show a modest recovery: hashrate, which had declined to about 276 PH/s, rose to roughly 320 PH/s in early August, and daily active addresses increased from under 1,000 to about 3,000. The token’s supply is nearly fully circulated, with 27.6 billion KAS out of a 28.7 billion cap, and ownership is relatively diversified across many wallets. Kaspa also gained visibility on Google Finance, making its price data more accessible to mainstream investors.