Recent data indicates that the Kaspa ecosystem is strengthening, with growing investor confidence in its long-term prospects.
Increase in Major KAS Holders
According to data shared by *Kaspa Daily (@DailyKaspa)*, there has been a steady increase in the number of significant KAS holders. In the last three months, around 6,000 new wallets have entered the top 25% of meaningful holders, bringing the total to about 179,000 addresses. This suggests an increasing accumulation by large investors, who are enhancing their positions and moving tokens into long-term storage.
KAS Price Analysis
The KAS price recently broke above key resistance at $0.11 and is now stabilizing just above this level. If it successfully flips this zone into support, it could create a strong base for the next push toward its all-time high around $0.20. With decreasing exchange supplies and rising large-holder positions during the current consolidation, this phase may set the stage for upcoming growth.
Kaspa Ecosystem Outlook
As the Kaspa ecosystem continues to develop post-upgrades and more smart money positions itself into KAS, further growth can be expected. Investors are actively accumulating and many are watching price movements closely to position themselves ahead of potential price increases.
Signs of increasing investor confidence in the Kaspa ecosystem, such as the rise in major holders and the decline in exchange supplies, may indicate preparations for future price growth. Monitoring KAS's dynamics will be key to understanding the market's future movements.
