The price of Kaspa (KAS) has been stable recently, raising questions among holders. Analysts explore the reasons and potential outcomes of this situation.
Current Situation of Kaspa Price
The price of Kaspa has not shown the expected rise in recent weeks. The delay in the launch of smart contracts and the anticipation of major exchange listings add to the uncertainty. Nevertheless, the current price stability may indicate that most KAS holders are long-term investors rather than short-term traders seeking quick gains.
Importance of Smart Contract Delays
The delay in launching smart contracts may have caused concern among token holders, but analysts suggest that it might be a strategically sound decision. They recall the approaches of projects like Ethereum and Solana, which also faced delays but ultimately rewarded patient holders.
Analysts' Predictions and Advice
Analysts note that if Kaspa holds above key support levels around $0.08, it could lead to a rapid upward movement once smart contracts go live or new listings appear. While there are no guarantees, the current stability could signal preparation for the next significant movement.
While the current price of Kaspa appears stable, the situation may change. Long-term holders who exercise patience may find themselves rewarded.
