Markets· ★★· neutral·

KAS jumps 12% but Kaspa network activity collapses 78%

  • —KAS rose 12% in 24 hours and 23% over the week
  • —Daily active users fell 78% in a week, from 36,570 to 7,910
  • —Daily transactions dropped from 208,480 to 113,530
  • —Sentiment at 4.81 out of 10, funding rate and open interest stay bullish
Why it matters: The gap between price and on-chain activity signals downside risk toward the $0.038 support if sentiment shifts.
Source: AMBCrypto