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Significant Network Upgrade for Kaspa: Impact on the Market

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by Giorgi Kostiuk

3 days ago


Kaspa, a scalable proof-of-work blockchain, nears a key milestone with the Crescendo Hardfork. The testnet currently runs at 10 blocks per second, with mainnet upgrade expected in late April 2025.

Preparing for Major Network Upgrade

Since Testnet-10 launched on March 6, 2025, the community has been actively stress testing in preparation for Kaspa's mainnet upgrade to 10 blocks per second (BPS). This upgrade is set to increase the network's throughput tenfold, accelerating transaction confirmations while maintaining its security advantages.

Smart Contracts Scalability

The Crescendo Hardfork also unlocks new potential for Kaspa’s ecosystem, including KRC-20 and KRC-721 standards that have been developed on Testnet-11 since January 2024. With zkEVM integration set to complete, Kaspa aims to deliver Ethereum-like functionality along with proof-of-work security.

Market Position and Community Outlook

Kaspa's 'Made in USA' designation on CoinMarketCap boosts its visibility as US policies evolve towards proof-of-work cryptocurrencies. With the upcoming network upgrade, interest in the project is rising, and some community members speculate Kaspa could rival other prominent proof-of-work cryptocurrencies.

The upgrade to 10 BPS slated for late April 2025 may redefine proof-of-work scalability. Coupled with smart contract capabilities, Kaspa is poised for significant changes in the cryptocurrency landscape.

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