Kaspa

KAS · Layer-1
Checked
Oct 17 2026
The big picture
5.5 / 10Total score0510
Supply + DemandMax. 10
Hold KAS? We'll warn you first.
Free · 2 coins

Coming next

Nov 4 20262.06 → 1.94 KAS per block removed
Dec 5 20261.94 → 1.84 KAS per block removed
Jan 4 20271.84 → 1.73 KAS per block removed
Metric 1 of 3

KAS · Coin Supply

Miners get new KAS every block. Nothing burns.

2.5 / 5Moderate
Age5.0 yearssince Nov 2021
Unlocked100%of total supply
Last 90 days+0.64%new supply
Next 90 days+0.54%estimate

KAS runs Kaspa, a proof-of-work chain: 27.76B coins circulate, all unlocked, out of a 28.70B cap.

Sell pressure. Mining is the only new supply: 176.3M KAS in 90 days. The reward drops 5.6% every month, so the next 90 days bring about 148.6M.

Buy pressure. Nothing is burned, bought back or locked; every fee goes to miners.

Net. Net, supply grows about 0.64% in 90 days, and 0.54% next.

Inflation
Last 90 Days
+0.64%
checked · Oct 15 2026
Net flow: 0.64% of supply goes to market over 90 days
Next 90 Days
+0.54%
estimate
Net flow: 0.54% of supply goes to market next 90 days
Supply growing · projected to keep growing
Upcoming · Next 90 Days
  • Monthly mining reward cut2.06 → 1.94 KAS per block
    Nov 4 2026 · less new supply
  • Monthly mining reward cut1.94 → 1.84 KAS per block
    Dec 5 2026 · less new supply
  • Monthly mining reward cut1.84 → 1.73 KAS per block
    Jan 4 2027 · less new supply
Sell pressure
1. Protocol inflation
~176.3M KAS

Miners are the only source of new KAS. The block reward is cut by about 5.6% every month, one full halving a year: it fell from 2.45 to 2.06 KAS per block over these 90 days, at 10 blocks a second. Adding up every block in the window gives 176.3M new KAS, about 1.96M a day. Three more cuts (Nov 4 2026, Dec 5 2026, Jan 4 2027) bring the next 90 days down to about 148.6M.

checked · Oct 15 2026
2. Vesting unlocks
0

Kaspa launched in November 2021 with no premine, no coin sale and no team or investor share, so there is nothing to vest. Every coin in circulation was mined in the open.

checked · Oct 15 2026
3. Foundation + unscheduled unlocks
0

There is no foundation treasury, only community funds paid for by donations: the DAGKnight fund (about 70.25M KAS), the Rust fund (about 46.16M), the Dev Fund (about 1.19M), the Mining Dev Fund (about 220K) and two small marketing and funding wallets (under 2,500 KAS together). None of them fell in these 90 days, and all of it was mined and is already counted as circulating, so a payout adds no new supply.

checked · Oct 15 2026
4. Long-term locked or bankruptcy
0

No bankruptcy estate, trustee or long lock holds KAS. The largest single holder seen on-chain (about 1.53B KAS, up 50.9M in these 90 days) bought its coins in the market, so they were already in the float.

checked · Oct 15 2026
Buy pressure
1. Programmatic buyback
0

Nothing buys KAS back. There is no company, token treasury or fee switch behind the coin.

checked · Oct 15 2026
2. Protocol fee burn
0

Every fee goes to the miner; the protocol destroys none. People sent 2,502 KAS to the well-known burn address in these 90 days (it now holds about 11.23M), but those coins still sit inside the supply count, so nothing leaves the float.

checked · Oct 15 2026
3. Foundation buy
0

No foundation or treasury buys KAS. The community funds only receive donations and pay developers.

checked · Oct 15 2026
4. New long-term lock
0

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

checked · Oct 15 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M KAS)
176.264
148.592
Buy total (M KAS)
0.000
0.000
Sell % of circ
+0.635%
+0.535%
Buy % of circ
0.000%
0.000%
Net inflation %
+0.635%
+0.535%
Circulating supply: 27757.380M KAS
Read the full Inflation Analysis
KAS: miners get new coins every block, and nothing takes them out.
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
#19 · Oct 15 2026

Today, people are talking about KAS for two reasons:

  1. 1
    A token standard for Kaspa is almost final.

    On Oct 7 2026, KCC-20, the shared format for tokens that live directly on Kaspa, entered its last review before it becomes final. It is built on covenants, rules that coins can carry, which the Toccata upgrade switched on in June, and another standard for token details was added on Oct 14. People ask whether real token apps, and the fees they pay, will follow.

  2. 2
    KAS slid with the rest of the market this week.

    KAS fell about 4.6% on Oct 13 and about 5% more on Oct 15 2026 as most altcoins dropped, and it traded near $0.036. Market reports said no Kaspa news was behind the move. Traders are watching whether the $0.034 area holds.

Checked Oct 15 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
  1. May 5 2025Crescendo: 10 blocks/s
  2. Jun 5 2026Toccata node released
  3. Jun 30 2026Toccata live: covenants
  4. Sep 22 2026v2.1: ZK toolkit
  5. Today
    2027Goal: 100 blocks/s

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

Data
DateWhat happened / what is coming
May 5 2025Crescendo: 10 blocks/s
Jun 5 2026Toccata node released
Jun 30 2026Toccata live: covenants
Sep 22 2026v2.1: ZK toolkit
2027Goal: 100 blocks/s (coming)
Checked Oct 15 2026

2 · Miner power

Quiet
Miners return → price upMiners leave → price down
Hashrate
05001K1.5K2K202420252026CrescendoToccata379PH/s
05001K1.5K2K202420252026CrescendoToccata379PH/s

Hashrate sits about 75% below its Jan 2025 peak.

Data
DateHashrate
Jul 31 2026325 PH/s
Aug 31 2026326 PH/s
Sep 30 2026346 PH/s
Oct 18 2026379 PH/s
Checked Oct 15 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 17 2026, score 5.5/10). New supply: +0.54% in the next 90 days. Demand: moderate (3/5). Kaspa's price drivers: 0 ▲ price up, 0 ▼ price down.

Is Kaspa a dead project, or still moving?

Kaspa looks alive. Toccata covenants went live on Jun 30 2026, and the next goal is 100 blocks per second in 2027. Hashrate does sit about 75% below its Jan 2025 peak, so miners have cooled off, while demand reads moderate (3/5). Supply and demand still read mixed for Kaspa in the long run.

Can Kaspa reach $1?

At $1, Kaspa would be worth about $27.8B in total — about 27 times its $1.01B market cap today (Oct 17 2026, about 3.64 cents a coin). Kaspa's supply also grows +1.70% 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 (+0.54% 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 5.5/10 today (Oct 17 2026): supply 2.5/5, demand 3/5. One more year adds +1.70% 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: +0.54% new supply in 90 days (moderate), 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 17 2026: Kaspa at 5.5/10 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 +0.54% 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 +0.54% 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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