KAS (Kaspa) has pumped 4.14% in the last 24 hours.

Gate News Bot news, on August 14, according to CoinMarketCap data, as of the time of writing, KAS (Kaspa) is currently at 0.10 USD, with a rise of 4.14% in the last 24 hours, reaching a high of 0.10 USD and a low of 0.09 USD. The current market capitalization is approximately 2.65 billion USD, an increase of 105 million USD compared to yesterday.

Kaspa is the world's fastest, open-source, decentralized, and fully scalable layer one blockchain. It is the first block DAG, a digital ledger capable of achieving parallel block creation and instant transaction confirmation. Kaspa operates on a powerful proof-of-work engine, designed to handle up to 10 blocks per second without compromising security or decentralization. The project is built by industry pioneers, led by the community, fully open-source, and without centralized governance, following the spirit of currencies like Bitcoin. Kaspa was fairly launched on November 7, 2021, with no pre-mined or any other pre-allocated tokens.

Important news about KAS recently:

1️⃣ Innovative blockchain technology attracts market attention Kaspa, as the world's first blockDAG blockchain, is attracting widespread attention in the cryptocurrency market due to its unique parallel block creation and instant transaction confirmation capabilities. This technology has the potential to significantly improve the transaction processing speed and scalability of blockchain, making it one of the important factors driving the rise of KAS prices.

2️⃣ High-performance networks attract investor favor The design of Kaspa allows for the processing of up to 10 blocks per second, significantly enhancing network performance while ensuring security and decentralization. This feature is attracting more and more attention from investors and developers, promoting the rise in demand for KAS token and supporting its price performance.

3️⃣ Community-driven development model recognized Kaspa, created by industry pioneers and led by a community-driven development model, is gaining recognition in the cryptocurrency ecosystem. This decentralized governance approach enhances investors' confidence in the long-term development of the project, providing support for the value of KAS.

From a technical perspective, Kaspa's innovative blockchain architecture provides it with a unique competitive advantage. On the fundamental side, as more developers and users engage in the Kaspa ecosystem, its network effects may further strengthen, potentially driving the rise in KAS value.

This message does not constitute investment advice; investors should be aware of market volatility risks.