It’s getting pretty hard to ignore what’s happening with Kaspa crypto right now. Over the last 7 days, the price jumped close to 50%, and that move seemed to wake up a whole group of whales that have been scooping up every dip they can find.

The run pushed Kaspa market cap past $1.6 billion, sending it inside the top 50 crypto projects on some trackers. Even with this current run, the buying just hasn’t slowed down. Some of the on-chain numbers almost feel unexpected because the top wallets keep adding more Kaspa even when the crypto market hesitates.

One reason the price moved so fast is the unusually thin sell liquidity on exchanges like Gate. You didn’t need a massive buy order to clear out the asks; even mid-sized buys swept through the book. It created this odd effect where Kaspa looked stronger than most crypto altcoins simply because there wasn’t much resistance. And long-term holders seem completely unfazed, with more than a third of the supply not having moved in a year, which says a lot about their confidence.

Market Cap

Kaspa Top Wallets Running The Show: How High Can KAS Go?

Now, speaking of confidence, Wallet #1 has been on a wild accumulation streak. This single address bought more KAS crypto than the entire daily mining emission. Recently, it grabbed over 3 million KAS (holding more than a billion) even though miners only produced around 185k in that same period.

KAS KASPA CRYPTO

(source –Wallet#1, KASPA Explorer)

Other big wallets are also not stopping. Wallet #7 pulled 15 million off Kraken, and wallets #8 and #12 each grabbed a few million. That’s a bunch of supply being removed from circulation in a very short timeframe.

The market structure around KAS crypto keeps tightening. Large holders dominate the flow, and metrics like “two-year unmoved supply” creeping toward 16% show more coins getting locked away for the long haul.

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025

But Is KAS a Good Investment Now?

The constant accumulation puts KAS crypto in an interesting spot. Daily emissions keep shrinking, exchange outflows hit new highs, and the ecosystem, especially tools like Kasplex, keeps developing quietly in the background. With Kaspa fast 10 blocks-per-second design and whale wallets refusing to slow down, upward pressure feels like it could build again sooner than later.

Social buzz also bursts of fresh interest, though the price could easily pull back before any bigger move.

Those trying to decide where to put fresh capital might make more sense not to buy Kaspa right now and instead look toward emerging Bitcoin layer-2 projects, mainly because Kaspa has already run extremely hard and may be entering a phase where upside depends heavily on whale behavior rather than organic demand.

Bitcoin L2 ecosystems, on the other hand, are still in the early stages of expansion, with builders pushing Ordinals, rollups, sidechains, and scaling solutions that directly benefit from Bitcoin’s unmatched security and liquidity base.

While Kaspa’s tech is impressive, its token economics tighten slowly and leave less room for explosive, adoption growth compared to a Bitcoin layer-2 narrative that’s just beginning to attract institutional attention, developer funding, and real use cases anchored to the most trusted settlement layer in crypto.

DISCOVER: 10+ Next Crypto to 100X In 2025

Which Bitcoin Layer-2? The First and Only Bitcoin Layer-2 That Supports Multichain

Bitcoin Hyper is a layer-2 of Bitcoin. The first and only Bitcoin Layer-2 that is building an infrastructure play that enables faster, low-cost Bitcoin transactions, with a bonus staking yield of 40% APY, unbeatable by other crypto coins, not even KAS.

Its presale has crossed $28 million and is supported by multiple chains like Ethereum and Solana. It’s the ease of access that it offers. It’s the first and only multichain-supported Bitcoin layer-2.

Nearly a million tokens are currently staked, suggesting a strong interest and belief. At a low entry price of under 2 cents, Bitcoin Hyper aims to blend meme coin hype into the backbone of Bitcoin chain. We see Bitcoin bouncing today,  and Bitcoin Hyper could 100-1000X in a flash once it launches.

Buy HYPER now before the price increases in less than a day.

Connect with the Bitcoin Hyper community on Telegram and X.

Visit HYPER Here

DISCOVER: Crypto News Updates, November 27

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • It’s getting pretty hard to ignore what’s happening with Kaspa crypto right now. Over the last 7 days, the price jumped close to 50%. Why?
  • The first and only Bitcoin Layer-2 ready to enter the market is what the space needs.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Akiyama Felix
Akiyama Felix
Crypto Journalist

Felix Akiyama is a True Veteran, Originating From the Crypto Class of 2018. A former visual effect artist turned to onchain degen and Vitalik Loving ETH maxi. Felix is notable in the VFX world for being one of the few... Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

#1 Crypto Friendly Poker Room

  • Fully Anonymous Casino with Instant Crypto Withdrawals
  • No Hidden Deposit or Withdrawal Fees
  • Best-in-Class RakeBack Bonus
#1 Crypto Friendly Poker Room
Back to top