Kaspa

KAS powers Kaspa, a proof-of-work blockDAG: 27.74B coins circulate out of a 28.70B cap. There was no premine, no sale and no team share.

Sell pressure. Mining is the only new supply: 180.0M KAS in 90 days. The reward drops about 5.6% every month, so the next 90 days add about 151.7M.

Buy pressure. Nothing takes KAS out: fees go to miners, and there is no burn or buyback.

Net. Net, supply grows about 0.65% in 90 days, and about 0.55% next.

Inflation

Last 90 Days

+0.65%

checked · Oct 4 2026

Net flow: 0.65% of supply goes to market over 90 days

Next 90 Days

+0.55%

estimate

Net flow: 0.55% of supply goes to market next 90 days

Supply growing · projected to keep growing

Sell pressure

1. Protocol inflation

~180.0M KAS

Mining is the only way new KAS appears. Each block pays its miner a fixed reward, and ten blocks arrive every second. The reward is cut by about 5.6% every month: 2.45 KAS per block at the start of the window, 2.31 from Aug 5 2026, 2.18 from Sep 4 2026. That added 179.99M KAS in 90 days, about 2.0M a day. The next 90 days carry three more cuts (Oct 5, Nov 4 and Dec 5 2026), so they add about 151.7M.

checked · Oct 4 2026

2. Vesting unlocks

Nothing vests. Kaspa launched in November 2021 with no premine, no coin sale and no team or investor share, so there is no locked pile waiting to open. Every KAS ever made came from mining.

checked · Oct 4 2026

3. Foundation + unscheduled unlocks

There is no company treasury. The community donation funds are the tracked holders: the DAGKnight fund (70.25M KAS), the Rust fund (46.16M), the dev fund (1.19M) and the mining dev fund (0.22M). None of them paid anything out in these 90 days, and all of them are already counted as circulating, so spending them would add nothing new.

checked · Oct 4 2026

4. Long-term locked or bankruptcy

No estate, trustee or long lock is paying KAS out, and no exchange failure holds a pile of KAS waiting to be returned.

checked · Oct 4 2026

Buy pressure

1. Programmatic buyback

No contract, company or fund buys KAS back. The network has no revenue of its own: every fee goes straight to the miner of the block.

checked · Oct 4 2026

2. Protocol fee burn

Kaspa burns no fees. The June 30 2026 upgrade raised the minimum fee but still pays it all to miners. Some people send coins to an address nobody can spend (1,519 KAS this window); that is tiny and is not a protocol burn.

checked · Oct 4 2026

3. Foundation buy

No foundation or treasury buys KAS on the market; the donation funds only receive gifts.

checked · Oct 4 2026

4. New long-term lock

Kaspa is proof-of-work, so there is no staking and no lock that takes coins out of the market.

checked · Oct 4 2026

Supply check · sell, buy & net

Last 90D

Next 90D

Sell total (M KAS)

179.992

151.673

Buy total (M KAS)

0.000

Sell % of circ

+0.649%

+0.547%

Buy % of circ

0.000%

Net inflation %

+0.649%

+0.547%

Circulating supply: 27736.249M KAS

Read the full Inflation Analysis

KAS: new coins for miners every second, a smaller reward each month, and no burn.

Long-form mechanism walk. ~5 min.

Metric 2 of 3

KAS · Coin Demand

Two sides: how much people want KAS right now, and how much buying could come later.

3 / 5Moderate

Current demand2.5 / 2.5

This part is based on social media. It shows how hot KAS is right now. A better rank means more people are talking about it.

KAS on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about

#17 · Oct 4 2026

Today, people are talking about KAS for one reason:

1
KAS fell about 7% on Oct 13 and keeps sliding.
On Oct 13 2026 KAS dropped about 7% to near $0.0385, and by Oct 14 it was around $0.037, about 13% lower than a week ago. The fall came on a weak day for most altcoins, after KAS failed to get back to $0.05. People ask whether the network upgrades of this year can bring real use, or if the price will keep following the whole market down.

Checked Oct 14 2026

Metric 3 of 3

KAS · Price DriversBeta

The few things that can move KAS's price that supply and demand miss.

1 · Network upgrades

Watch

Upgrades bring users → price upUpgrades go unused → price down

May 5 2025Crescendo: 10 blocks/s
Jun 5 2026Toccata node released
Jun 30 2026Toccata live: covenants
Sep 22 2026v2.1: ZK toolkit
Today
2027Goal: 100 blocks/s

Toccata covenants live since Jun 30 2026; next goal 100 blocks/s.

Data

Date	What happened / what is coming
May 5 2025	Crescendo: 10 blocks/s
Jun 5 2026	Toccata node released
Jun 30 2026	Toccata live: covenants
Sep 22 2026	v2.1: ZK toolkit
2027	Goal: 100 blocks/s (coming)

Checked Oct 10 2026

2 · Miner power

Quiet

Miners return → price upMiners leave → price down

Hashrate

Hashrate sits about 75% below its Jan 2025 peak.

Data

Date	Hashrate
Jul 31 2026	325 PH/s
Aug 31 2026	326 PH/s
Sep 30 2026	346 PH/s
Oct 14 2026	350 PH/s

Checked Oct 10 2026

Should you buy KAS? Questions about KAS

Should I enter Kaspa right now?

By the law of supply and demand, Kaspa's long-run signal is mixed (Oct 15 2026, score 6/10). New supply: +0.55% in the next 90 days. Demand: moderate (3/5). Kaspa's price drivers: 0 ▲ price up, 0 ▼ price down.

Does Kaspa beat XRP when it comes to new supply?

Yes, by our count. It adds +1.74% supply in a year; XRP adds +4.62%, with about 0.3B XRP leaving Ripple's escrow every 30 days. Both score 6/10 on Oct 10 2026, though XRP has stronger demand (4/5 vs 3/5), helped by US XRP ETFs holding 907M XRP. Supply and demand still read mixed for Kaspa in the long run.

Are Kaspa miners giving up as hashrate falls?

Many have left, but mining goes on. Kaspa's hashrate sits about 75% below its Jan 2025 peak. The network keeps building: Toccata covenants went live on Jun 30 2026, and the next goal is 100 blocks per second in 2027. New supply looks light, +0.55% in 90 days. For Kaspa, the supply-and-demand signal is mixed right now.

Can Kaspa reach $1?

At $1, Kaspa would be worth about $27.7B in total — about 24 times its $1.16B market cap today (Oct 15 2026, about 4.18 cents a coin). Kaspa's supply also grows +1.74% in the next year, so every extra coin needs buyers too. For Kaspa, the supply-and-demand signal is mixed right now.

When should I sell Kaspa?

Kaspa's signal is mixed for now. Kaspa's signal would turn if new supply keeps arriving (+0.55% in 90 days), or demand falls from moderate. The next date on Kaspa's calendar: 2027 — Goal: 100 blocks/s.

Is Kaspa a good investment in 2026?

Kaspa sits at 6/10 today (Oct 15 2026): supply 3/5, demand 3/5. One more year adds +1.74% to Kaspa's supply. Long-run signal: mixed.

When is a good time to buy Kaspa?

By the law of supply and demand, the better time to enter Kaspa is when its new supply is low, demand is high and its price drivers point up. Kaspa today: +0.55% new supply in 90 days (light), demand moderate (3/5), drivers 0 ▲ / 0 ▼.

What could push Kaspa's price up or down?

Right now 2 things drive Kaspa's price (0 ▲, 0 ▼). • Network upgrades: Toccata covenants live since Jun 30 2026; next goal 100 blocks/s. • Miner power: Hashrate sits about 75% below its Jan 2025 peak.

Should I buy Kaspa or Bitcoin?

Side by side on Oct 15 2026: Kaspa at 6/10 with a mixed signal, Bitcoin at 8.5/10 with a positive signal. By supply and demand, Kaspa is the weaker of the two.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasdog judge every coin, and why is +0.55% shown in red?

We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. KAS supply grows +0.55% in the next 90 days, so it shows in red: more KAS reaches the market than is removed. Zero or falling supply is always green, any growth is red.

What do Watch KAS alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

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