In a surprising turn of events, several major cryptocurrency exchanges have temporarily halted Kaspa withdrawals and deposits following an unprecedented surge in transaction volume. This decision has raised eyebrows within the crypto community, and The source reports that it has prompted calls for better communication from the exchanges involved.
Suspension of Kaspa Transactions by Major Exchanges
On October 2025, exchanges such as Bitget, ViaBTC, and ProBit Global announced the suspension of Kaspa transactions after the network processed an astonishing 158 million transactions in a single day, setting a new world record. Despite the Kaspa network operating without issues, the exchanges faced significant challenges in managing the overwhelming transaction load.
Concerns Over Liquidity and Transparency
The sudden spike in activity has led to growing concerns regarding liquidity and transparency, with many users expressing frustration over the lack of timely updates from the exchanges. As the community awaits further clarification, the demand for improved communication and resolution timelines has become a central issue, highlighting the need for exchanges to adapt to the rapidly changing landscape of cryptocurrency trading.
