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KAS (Kaspa) rose 3.46% in the last 24 hours.
Gate News Bot news, on July 10, according to CoinMarketCap, as of the time of writing, KAS (Kaspa) is currently priced at 0.08 USD, with a rise of 3.46% in the last 24 hours, reaching a high of 0.08 USD and a low of 0.07 USD. The current market capitalization is approximately 2.142 billion USD, an increase of 71.6 million USD compared to yesterday.
Kaspa is the world's fastest, open-source, decentralized, and fully scalable Layer-1. It is the world's first blockDAG - a digital ledger supporting parallel blocks and instant transaction confirmations, built on a powerful proof-of-work engine with rapid single-second block intervals. Kaspa is created by industry pioneers and led by the community.
Important news about KAS recently:
1️⃣ KAS breaks through important price resistance level The KAS token price has successfully broken through a key technical resistance level, showing strong upward momentum. This breakthrough may attract more investor attention, driving the price further up in the short term.
2️⃣ Kaspa's unique blockDAG technology has attracted attention Kaspa, as the world's first blockchain to adopt blockDAG technology, is gaining more and more recognition for its features of supporting parallel blocks and instant transaction confirmations. This innovative technology could become a long-term driving force behind the rise in KAS value.
3️⃣ Increase in market interest for Layer-1 projects As an open-source, decentralized, and scalable Layer-1 project, Kaspa is benefiting from the increasing interest in foundational layer blockchain solutions. This may lead to more developers and users joining the Kaspa ecosystem, thereby driving demand for KAS.
From a technical perspective, KAS may face a short-term pullback after recently breaking through an important resistance level. Investors should closely monitor the support around 0.08 dollars. In the long term, the technological innovations and ecosystem development of Kaspa will be key factors influencing its value.
This message does not constitute investment advice, and investors should be aware of market volatility risks.