# Kaspa (KAS) — Should You Buy? Signal, Supply and Price Drivers (Oct 2026)

*From https://mrnasdog.com/research/kas, updated Oct 17 2026*

Supply and demand give Kaspa (KAS) a **mixed** long-run signal today (Oct 17 2026); its score is 5.5/10.

- **Signal today:** mixed for Kaspa
- **MrNasdog score:** 5.5/10 — supply 2.5/5, demand 3/5
- **New coins:** +0.54% in 90 days · +1.70% in a year
- **Demand:** moderate (3/5)
- **Drivers:** 0 ▲ price up · 0 ▼ price down

## The things that move Kaspa

What the score misses: 2 drivers. Today 0 push KAS's price up and 0 push it down.

### • Network upgrades

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

▲ Price up if: Upgrades bring users. ▼ Price down if: Upgrades go unused.

| 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 15 2026*

### • Miner power

Hashrate sits about 75% below its Jan 2025 peak.

Good for the price: Miners return. Bad for it: Miners leave.

| Date | Hashrate |
|---|---|
| Jul 31 2026 | 325 PH/s |
| Aug 31 2026 | 326 PH/s |
| Sep 30 2026 | 346 PH/s |
| Oct 18 2026 | 379 PH/s |

*Checked Oct 15 2026*

## How fast Kaspa supply grows

Fair-launch proof-of-work chain: miners get about 1.65M new KAS a day, falling 5.6% every month, and nothing is burned. 96.7% of the 28.70B cap is mined.

Kaspa adds +0.54% new supply in the next 90 days and +1.70% over a year — supply scores 2.5/5 (moderate) (place 58 of 101).

## Demand: how much people want KAS

Demand reads **moderate** (3/5), #29 of 110 coins we track — that is how much people want KAS now and how much buying could still come.

The members-only part of KAS's demand section is not included.

## Questions people ask about Kaspa

### 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.

## Where to read the rest of KAS

- Full KAS inflation analysis (every unlock, burn and buyback): https://mrnasdog.com/research/kas/inflation
- Every coin ranked by supply and demand, Kaspa included: https://mrnasdog.com/coins
- How we read Kaspa and every other coin: https://mrnasdog.com/research/pressure-framework/full

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