Kaspa gains 12% as on-chain activity drops 78%

  • Kaspa's KAS token gained 12% in 24 hours through Sept. 27.
  • Daily active users fell 78%, from 36,570 to roughly 7,910.
  • KAS closed at $0.04780402 on Sept. 26, with Sept. 27 data unavailable.

Kaspa's KAS token gained 12% in the 24 hours through Sept. 27 and 23% over the week, even as activity on the network weakened. Daily active users fell 78% from 36,570 to roughly 7,910 between Sept. 17 and press time, while transactions declined from about 208,480 to 113,530. The Sept. 27 closing price was unavailable; the last confirmed reference was $0.04780402 on Sept. 26. Coinbase-related transaction levels remained broadly stable, while CoinGlass identified a major liquidity cluster near $0.038. CoinMarketCap's sentiment reading was 4.81 on a scale of -10 to 10, and funding rates and open interest remained bullish, supporting the rally unless sentiment shifts.

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