Kaspa (KAS) reached an all-time high of $0.1688 with a $3.7B market cap.
The upcoming Bitcoin halving in April 2024 is driving Kaspa’s growth, with miners eyeing alternative PoW networks.
In the midst of a surging crypto market, Kaspa (KAS), a Layer-1 proof-of-work (PoW) cryptocurrency, has reached an all-time high of $0.1688, boasting a market cap of $3.7 billion. This swing comes as Bitcoin ETFs witness billions of dollars flowing in, prompting crypto investors to explore alternative avenues for investment.
Kaspa (KAS) Price Chart (Source: CoinMarketCap)
Since the SEC approved the BTC ETF on January 10th, the global altcoin sector has surged by $140 billion until February 16th. This rally has propelled several mega-cap altcoins close to reaching new all-time highs this month, indicating increased interest and confidence in the cryptocurrency market.
In that, Kaspa stands out for its GHOSTDAG protocol, which merges PoW security with Proof of Stake (PoS) speed. This unique feature h
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