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Kaspa Outpaces Solana and Ethereum in Crucial Metric

Sep 19, 2024
  1. Kaspa Outpaces Solana and Ethereum
  2. KAS Price Stays Flat Despite Transaction Surge
  3. Strong Holder Base Adds Stability

Kaspa (KAS) has outperformed Solana (SOL) and Ethereum (ETH) in transaction volume, yet the KAS price remains stable. This achievement has caught the attention of crypto enthusiasts and analysts.

Kaspa Outpaces Solana and Ethereum

According to crypto analyst Yoriichi Tsugikuni, Kaspa’s KRC-20 transactions recently reached an all-time high, surpassing the transaction volumes of both Solana and Ethereum.

KAS Price Stays Flat Despite Transaction Surge

Despite the surge in transaction volume, Kaspa’s price has remained relatively stable. Per CoinGecko, at press time, Kaspa trades at $0.1729, reflecting a 0.58% increase over the past day and a 2.04% gain in the past week.

Strong Holder Base Adds Stability

Crypto Prose revealed that 7.04% of Kaspa’s supply has not been moved for over two years, reaching an all-time high. This indicates a high level of confidence among long-term holders in Kaspa’s future potential.

Kaspa’s achievements in transaction processing and unique market behavior suggest a bright future for the blockchain. The network’s ability to handle high throughput without compromising security or decentralization sets it apart from other Layer 1 networks.

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