Kaspa [KAS] Shows Unusual Strength as Market Momentum Builds

Kaspa surges 45% as whales accumulate and market momentum builds, raising questions about how long the rally can hold.

29 November 2025, 15:57 published Updated 29 November 2025, 15:57

KAS Price Nears $0.05 as Whale Accumulation Intensifies

Kaspa [KAS] continues to defy the broader altcoin trend, carving out its own trajectory in a week marked by mixed performance across the market. The token has surged roughly 45% over the past few days, approaching the $0.05 area while most large-cap altcoins have delivered gains closer to 10%. This move positions Kaspa as one of the top weekly performers in the sector.

Despite the overall positive sentiment—reflected by a 6% rise in TOTAL2—Kaspa’s rebound stands out for its intensity. The rally has effectively reversed nearly five weeks of losses in only a handful of sessions, prompting discussions about whether the momentum is accelerating too rapidly.

Technical Signals Show Strength but Also Overextension

Kaspa [KAS] Shows Unusual Strength as Market Momentum Builds

On the daily chart, the RSI has climbed above 70, indicating strong bullish momentum while simultaneously highlighting stretched conditions.
According to AMBCrypto, this surge has been accompanied by “whale accumulation supporting the move,” adding another layer of interest around the rally. The KAS/BTC pair has also recorded a 40% jump, hinting at rotational flows as traders reallocate exposure away from Bitcoin and into Kaspa.

The derivatives market is reflecting a similar trend. Open Interest (OI) has surpassed $70 billion, pointing to a significant buildup in leverage.
However, with KAS dipping 2.82% intraday, questions have emerged about whether the token could face a broader deleveraging phase.

Market Flows and Ecosystem Catalysts Support the Momentum

Macro liquidity continues to enter the crypto market, helping sustain risk appetite. For Kaspa, this environment keeps interest elevated as traders hunt for high-momentum assets. CoinGlass data shows over $1 million in outflows near the $0.05 zone, suggesting active defense from bullish participants.

These market dynamics coincide with growing anticipation around Kaspa’s DAGKnight upgrade, described as a major step toward improved speed and scalability. This upcoming development gives the asset a notable layer of fundamental support, complementing the technical and flow-based drivers behind the rally.

In this context, the combination of whale activity, macro inflows, and ecosystem upgrades appears “more strategic than speculative,” reducing the likelihood of an immediate large-scale sell-off despite the sharp upward move.

If current momentum continues, Kaspa’s 45% weekly climb may extend further, and the latest intraday pullback could simply represent a brief period of cooling rather than the start of deeper market unwinding.