KaspaKAS

A proof-of-work blockDAG coin fair-launched in Nov 2021 with no premine; 10 blocks a second since May 2025.

Rank #76Since November 2021

Price on 31 Oct 2026

C$0.0464 +19.4% since 31 Jul 2026 · 83.8% below its all-time high

The short version

Kaspa is a proof-of-work cryptocurrency that orders blocks in a DAG with the GHOSTDAG protocol instead of one chain. It was fair-launched in November 2021 with no premine or coin allocation, and open-source developers maintain the rusty-kaspa node software; no company or foundation issues it. The Crescendo hard fork on 5 May 2025 raised block production from 1 to 10 blocks a second without changing the per-second coin emission. On 31 Oct 2026 one KAS cost C$0.0464. From 31 Jul 2026 to 31 Oct 2026 its price changed +19.4% in Canadian dollars, and it was 83.8% below its all-time high of C$0.2864 set on 31 Jul 2024.^[1]

Facts checked 2 Nov 2026 · 10 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.0899 (11 Jan 2026) · low C$0.0349 (19 Aug 2026) · -36.7%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.0464	US$0.0332
30 Sep 2026	C$0.0611	US$0.0429
31 Aug 2026	C$0.0375	US$0.0271
31 Jul 2026	C$0.0388	US$0.0277
30 Jun 2026	C$0.0431	US$0.0303
31 May 2026	C$0.0425	US$0.0308
30 Apr 2026	C$0.0443	US$0.0325
31 Mar 2026	C$0.0443	US$0.0318
28 Feb 2026	C$0.0648	US$0.0475
31 Jan 2026	C$0.0692	US$0.0510
31 Dec 2025	C$0.0602	US$0.0439
30 Nov 2025	C$0.0788	US$0.0564

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.0464^[1]
3-month change: +19.4% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 83.8% below its high of C$0.2864 (31 Jul 2024)^[1]
Market rank: #76, market value about C$1.3B^[1]
Kind: Native coin · Kaspa (its own network)
Started: November 2021

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew KAS come only from mining on the protocol schedule; no premine or issuer^{[2, 1]}

Can anyone freeze or take coins from holders?NoNo issuer, admin key or freeze function on the proof-of-work network^[2]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?YesAbout 28.7 billion; 96.8% issued^{[1, 3]}

Any scheduled unlocks in the next 12 months?NoNo premine, team or investor allocations^[2]

Does a team or foundation hold over 10% of supply?NoFair launch with no team or foundation allocation^{[2, 1]}

Do network fees reach coin holders?NoBlock rewards and fees go to miners; no staking or burn^[1]

Main network hacked or halted in the past 2 years?NoNo halt or exploit of the network found since Nov 2024; Crescendo fork activated 5 May 2025^{[4, 5]}

Is a regulator or court case targeting the coin itself?NoNo regulator or court case naming Kaspa found^[1]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: No issuer; open-source developers maintain rusty-kaspa (latest v2.1.0, 22 Sep 2026); kaspa.org states no premine or hidden allocation^{[2, 6]}
Admin key: None; rules change only through node upgrades, such as the Crescendo hard fork of 5 May 2025^{[7, 4]}

Supply

In circulation: 27.79B KAS of a 28.70B maximum (96.8%)^[1]
Maximum: About 28.7 billion KAS; 27.79 billion (96.8%) issued by 2 Nov 2026^{[1, 3]}
New coins: Mining only; the per-second block reward was unchanged by Crescendo and keeps falling on the published schedule^{[4, 8]}
Unlocks: None; no premine, team or investor allocations^{[2, 1]}

Use and fees

Main use: Proof-of-work digital cash with 10 blocks a second since the Crescendo fork of 5 May 2025^[4]
Who gets fees: Miners receive all block rewards and fees; there is no staking, burn or treasury^{[2, 1]}

Trading

Daily trading: About C$18.8M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 1.25% of its market value changes hands each day^[1]
20-week average: 2.2% above its 20-week average price^[1]
1-year change: -38.9% in C$^[1]^[9]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[10]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Rusty Kaspa v2.1.0, released 22 Sep 2026, is the current node software; v1.0.0 (31 Mar 2025) carried the Crescendo fork.^{[6, 7]}
By 2 Nov 2026, 27.79 billion KAS had been issued, 96.8% of the 28.7 billion maximum.^{[1, 3]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.