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Kaspa: Outpacing the Best Yet Facing Sales from Newcomers

Kaspa: Outpacing the Best Yet Facing Sales from Newcomers

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by Giorgi Kostiuk

2 days ago


Kaspa has demonstrated outstanding results in the blockchain space, but the strength of sell-offs among new investors raises concerns.

Kaspa's Transaction Speed Achievements

According to user @KaspaIndonesia, Kaspa now surpasses giants like Visa and Alipay in terms of transactions per second, reaching 4000 TPS. Visa follows with around 3500 TPS, and Alipay at 2500 TPS. This information highlights Kaspa's achievements in speed and scalability, thanks to its blockDAG structure that allows simultaneous processing of multiple blocks.

Reasons Behind Novice KAS Sell-offs

Despite the impressive metrics, many new investors are selling their tokens due to negative information encountered on social media. Comments alleging KAS as a fraud on exchanges like MEXC and Chainge, along with unrealistic price predictions of $10, create an atmosphere of distrust. One Twitter user noted, 'This is what a new investor sees when they start researching KAS: accusations of fraud and unrealistic price talk.'

KAS Price Prospects

While the KAS price remains volatile due to ongoing sell pressure, its long-term fundamentals are strong. The high-speed network, low fees, and increasing developer interest position Kaspa as a standout project in the Layer 1 space. The community needs to clean up its messaging on social media to attract and retain new holders.

Kaspa demonstrates high achievements in performance and scalability, but challenges related to current negative perceptions and sell-offs require attention to strengthen the community and attract new holders.

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