Kaspa (KAS) To Hit $3 In Explosive Bull Run, Expert Predicts 2650% Surge

In the dynamic landscape of the cryptocurrency market, Kaspa (KAS) has emerged as a strong contender in the altcoin race, demonstrating notable growth and breaking through the $0.1109 barrier in the past 24 hours, representing a 10.5% increase in this time frame. Interestingly, the bullish momentum for KAS might be far from over as potential catalysts loom on the horizon.

Timeline of Kaspa

A layer-1 altcoin is outperforming the broader crypto markets after putting up a nearly 30% rally in the last week. Proof-of-work blockchain Kaspa (KAS) is trading for $0.0496 at time of writing, up from a low of about $0.0383 one week ago. The 44th-ranked crypto asset by market cap is up more than 3.

According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon.

In this context, Finbold has investigated the crypto market to find various digital assets with the potential to expand in price, giving an appealing investment opportunity for the week starting August 7.

Kaspa continues to captivate the blockchain sphere with its intriguing nature as a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform. Emerging onto the scene precisely when the blockchain realm was searching for an Ethereum (ETH) alternative, Kaspa's protocol arrived as a timely solution.

Kaspa (KAS) is on a bullish run, maintaining three straight days of uptrend in what has propelled it to one of the altcoins with the best performance in the month of July. At the time of writing, Kaspa is trading at a price of $0.04223, up by 13.01% over the past 24 hours.

In the wake of the recent hype around growing institutional interest in digital assets, certain cryptocurrencies have been displaying promising trends and attracting significant investor attention

Kaspa (KAS) has been making waves in the altcoin market lately, with its impressive surge of over 60% in the past 14 days, according to CoinGecko data. The cryptocurrency is based on the GHOSTDAG protocol, which is a generalization of the Bitcoin Consensus.

Growth in the digital currency ecosystem is spreading to more altcoins across the board, with Kaspa (KAS) now leading today's altcoin surge following its 10% growth in the past 24 hours to $0.02695. With current growth trends, Kaspa has now extended its upsurge over the past week, in which it has printed a massive 26.94%.

Regarding RNDR, a token related to the network of decentralized rendering solutions based on GPU, two proposals were approved within the governance section of the project, specifically RNP-002 and RNP-003.