Ethereum News Today: Kaspa Gains Momentum as Analysts Compare to Polygon's 12,500% Surge

Generated by AI AgentCoin World
Saturday, Aug 16, 2025 3:08 am ET1min read
Aime RobotAime Summary

- Analysts highlight Kaspa (KAS) as a top crypto buy, citing its GHOSTDAG protocol and 18,000% 3-year surge to $2.5B market cap.

- KAS mirrors Polygon’s pre-12,500% breakout with tight trading ranges, rising institutional interest, and congestion-free scalability.

- Price targets of $3–$6 are seen as conservative, with potential for outsized gains if momentum accelerates or Ethereum drives broader market rallies.

- MAGACOIN FINANCE and LOVRIN emphasize KAS’s strong fundamentals and institutional backing, positioning it as a Layer-1 contender beyond Ethereum’s influence.

Kaspa (KAS) is increasingly being viewed as a promising investment option by traders who see similarities to some of the most successful altcoin breakouts in history. While the broader crypto market remains fixated on Ethereum’s upcoming developments, KAS is quietly building momentum with strong fundamentals and a growing presence on major exchanges [1].

Analyst LOVRIN has positioned KAS as one of the best crypto to buy now, citing its innovative GHOSTDAG protocol, which enables one block per second and effectively eliminates network congestion—something

Ethereum
has historically struggled with [1]. Over the past three years, KAS has surged more than 18,000%, reaching a market cap of $2.5 billion and gaining listings on platforms like Kraken. LOVRIN projects a price range of $3 to $6 for KAS, with the potential for further gains should momentum accelerate [1].

Ethereum remains the dominant force in decentralized finance (DeFi) and smart contract technology, with analyst Ted noting its recent bounce from $4,466 and current movement toward $4,772. A strong Ethereum rally could benefit altcoins like KAS, but the latter has the technical and institutional backing to perform independently [1].

MAGACOIN FINANCE, a platform known for identifying early-stage opportunities, has drawn comparisons between KAS and Polygon’s trajectory before its 12,500% surge. The firm highlights similar on-chain signals, including tight trading ranges, rising institutional interest, and solid fundamentals, as indicators of a potential breakout [1]. According to MAGACOIN, the accumulation phase seen in KAS’s price action is a classic setup for a major move, especially when combined with growing attention from serious investors.

Kaspa’s appeal lies in its scalable infrastructure and congestion-free network, making it a strong contender for the next major Layer-1 blockchain. If Ethereum’s next move propels the broader market higher, KAS is well-positioned to capitalize on the trend. Even in the absence of Ethereum-driven momentum, the project’s fundamentals suggest a potential revaluation [1].

The $3–$6 price prediction for KAS appears conservative given its current trajectory. For traders following MAGACOIN FINANCE’s strategy, this is a prime example of how early recognition of strong technical setups can lead to outsized gains. If history repeats itself as it did with Polygon, KAS could emerge as one of the most sought-after assets in the next cycle [1].

Source: [1] Blockonomi. "Kaspa Price Prediction: Why This Hidden Gem Could ..." https://blockonomi.com/kaspa-kas-price-prediction-hidden-gem-quietly-gaining-momentum-ahead-of-ethereums-next-big-move/

[2] Binance. "CaptainAltcoin's Profile | Binance Square" https://www.binance.com/en/square/profile/captainaltcoin

[3] World Market Live. "Cryptocurrency - World Market Live" https://worldmarketlive.com/cryptocurrency/