Ethereum News Today: Kaspa Surges 18000% on GHOSTDAG Protocol and Exchange Listings

Kaspa (KAS) is emerging as a compelling contender in the altcoin space, with analysts and traders increasingly viewing it as a potential breakout candidate ahead of Ethereum’s next major price move. The cryptocurrency, which has quietly gained traction over the past three years, has seen an impressive 18,000% return and currently commands a $2.5 billion market cap. Its recent inclusion on major exchanges like Kraken has further solidified its growing legitimacy [1].

One of the key factors behind KAS’s rising profile is its unique GHOSTDAG protocol, which enables one block per second and effectively eliminates network congestion — a persistent issue for Ethereum [1]. Analyst LOVRIN has highlighted this as a major technical advantage and has positioned KAS as one of the best cryptos to buy now, forecasting a price range of $3 to $6, with higher potential if momentum continues [1]. While Ethereum remains the dominant force in decentralized finance (DeFi) and smart contracts, recent price action suggests a possible upward trajectory, which could indirectly benefit altcoins like KAS [1].

The market narrative around KAS is being closely compared to Polygon’s pre-breakout phase, during which it experienced a 12,500% gain. Traders who recognized early signs such as tight trading ranges, growing institutional interest, and strong fundamentals were rewarded handsomely. MAGACOIN FINANCE, a platform that has built its reputation on identifying such setups, sees similar signals in KAS’s chart and fundamentals. The combination of long-term accumulation and increasing attention from serious investors is seen as a recipe for a major price revaluation [1].

Ethereum’s potential rally is also contributing to the positive outlook for altcoins in 2025. Analyst Ted notes that ETH is showing signs of strength, having bounced from $4,466 and now pushing toward $4,772. A successful Ethereum move could act as a tailwind for strong altcoins like Kaspa. However, KAS is not solely dependent on ETH’s performance — its own fundamentals, including fast transaction speeds and a congestion-free network, position it as a serious Layer-1 contender [1].

The broader altcoin market is entering what some are calling “Altseason 2025,” with early signs of strength emerging across the board. KAS is particularly appealing due to its low entry price and growing network activity. According to one analyst, the coin is currently consolidating near $0.086, suggesting it could be setting up for a potential breakout [6]. Increasing on-chain transactions and new partnerships are further indicators of growing adoption.

While KAS is not the only altcoin in the spotlight — XRP and MATIC are also showing strength — its combination of efficiency, speed, and scarcity is generating a unique level of speculation. The token’s relatively early stage in the market makes it a high-risk, high-reward proposition, with some analysts in speculative circles suggesting it could deliver substantial returns in a short period [9].

It’s important to emphasize, however, that price forecasts should be approached with caution. Most predictions are based on technical analysis and market sentiment, not concrete financial metrics. Investors are encouraged to conduct their own research and consider the broader market dynamics before committing capital [6].

As the 2025 bull market gains momentum, KAS is being positioned as one of the hidden gems with the potential to surprise. Whether it will fulfill this promise remains to be seen, but the growing interest in the token is a clear sign that it is capturing the attention of a growing number of investors and traders [6].

Source: [1] CoinMarketCap Community - https://coinmarketcap.com/community/articles/68ab58c52797d44bf6196741/

[6] Manuel Guevarra - https://m.facebook.com/manuel.guevarra.369210/photos/a-new-executive-order-signed-by-former-president-trump-could-reshape-how-america/752548407658370/

[9] Bitcoin Sistemi - https://en.bitcoinsistemi.com/magacoin-finance-xrp-matic-among-5-best-cryptos-with-20000-roi-potential/