Kaspa price is back among the stronger-performing cryptocurrencies, with KAS jumping more than 5% today and trading above $0.028. The move coincided with the rollout of KaChat 4.0, while the latest technical setup is also giving traders reasons to pay attention again. Recent market data has put KAS around $0.0286–$0.029, although the token remains volatile after the initial jump.
More Crypto Online is among the analysts turning more constructive on Kaspa. His latest 12-hour chart identifies $0.0266 as the level that keeps the current bullish setup intact, while the structure of KAS’s latest correction could open the door to a move toward $0.032–$0.034.
Kaspa Price Could Test $0.032-$0.034 Next
More Crypto Online’s analysis centers on the structure of the latest pullback. According to the analyst, KAS corrected in three waves, which is significant from an Elliott Wave perspective because a three-wave decline is generally interpreted as corrective rather than the beginning of a new impulsive move lower.
His chart labels the recent low as a potential wave B after KAS rebounded heaviily from approximately $0.025. The subsequent pullback reached the Fibonacci retracement area between roughly $0.0263 and $0.0290, with the 78.6% retracement sitting around $0.0263.
That lines up closely with the analyst’s $0.0266 bullish invalidation area.
As long as that region holds, More Crypto Online believes KAS has a good chance of testing the next resistance zone between approximately $0.0303 and $0.0341. The chart specifically places the 38.2%, 50% and 61.8% Fibonacci levels at $0.0303, $0.0322 and $0.0341, respectively.
That makes $0.032-$0.034 the immediate area to watch if buyers regain control.
Interestingly, the chart doesn’t necessarily stop there. A much higher potential resistance region is shown between approximately $0.040 and $0.0454. However, that appears to represent a subsequent wave-four scenario rather than an immediate target. KAS would first need to break through the $0.030-$0.034 supply area before that higher zone becomes technically relevant.
Source: X/@moretradingonl
The analyst summed up the improving setup by saying that “Kaspa is kinda cool again.”
That is quite a change in tone considering how weak KAS has looked over much of the year. Still, the bullish case has a clear condition attached to it: lose $0.0266 decisively and the current short-term setup starts to break down.
KaChat 4.0 Gives Kaspa a Fundamental Catalyst
The improving chart arrives alongside one of the more interesting Kaspa ecosystem releases in recent months.
KaChat, the decentralized messaging and payments application built around Kaspa, has begun rolling out version 4.0, dubbed “The Everywhere Update.” The release expands KaChat beyond its previous mobile-focused experience, with desktop and web accessibility among the major additions. It also adds Tangem wallet integration and tools intended to make running personal nodes and indexers easier.
The particularly interesting addition is KaPosts.
Instead of functioning only as a private messaging and payments application, KaChat is moving into on-chain social networking. KaPosts supports actions such as likes, comments, follows and reposts connected to KNS identities, with the activity recorded through Kaspa’s blockDAG.
That potentially gives KAS another source of transactional utility. Rather than users simply holding or transferring the token, applications such as KaChat can generate network activity from social interactions and payments.
The timing has certainly caught traders’ attention. KAS climbed more than 5% around the KaChat 4.0 rollout, reaching roughly $0.029. However, correlation shouldn’t automatically be interpreted as causation—the broader crypto market and technical positioning can also influence a move of this size.
Read also: Top 3 Altcoins to Watch in September: Why Kaspa Could Surprise
KIP-9 Makes Kaspa More Expensive to Spam
Another important development is much less visible to ordinary holders but potentially more important to the health of the network.
KIP-9 is now active, introducing an extended transaction-mass formula designed to control growth of Kaspa’s UTXO set and make state-bloat attacks economically impractical.
The problem it addresses is straightforward. An attacker can attempt to create enormous numbers of tiny unspent transaction outputs, commonly described as “dust.” Those outputs occupy persistent storage on nodes, meaning an attacker could increase the hardware requirements for network participants over time.
Kaspa previously encountered such an attack, and developers initially responded with a mempool-level patch. KIP-9 provides a more fundamental solution by introducing what it calls storage mass.
Rather than pricing transactions solely according to their computational requirements, the system now also considers their impact on permanent storage. Transactions that create large numbers of tiny outputs therefore become much more costly, while ordinary transactions are designed to remain relatively unaffected.
The security analysis behind KIP-9 illustrates how significant the difference can become. The proposal estimates that under the new mechanism, attempts to rapidly create enormous quantities of permanent UTXO storage would become either extremely slow or prohibitively expensive.
For Kaspa, this matters because higher throughput is only useful if the network can sustain it without allowing cheap spam to impose ever-growing storage costs on node operators.
Is KAS Really Making a Comeback?
There are finally some positive pieces coming together for Kaspa.
KaChat 4.0 provides a tangible application-level development, while KIP-9 addresses an important network-level problem. Meanwhile, KAS price has recovered from the roughly $0.025 region and is once again challenging the area around $0.029.
But calling this a full comeback would still be premature.
More Crypto Online’s chart makes the short-term conditions relatively clear. $0.0266 is the line bulls don’t want to lose. Holding it keeps the corrective three-wave interpretation alive and leaves $0.032-$0.034 as the next meaningful target zone. A clean break above $0.034 would make the higher $0.040-$0.045 region considerably more interesting.
Conversely, another breakdown below $0.0266 would undermine the immediate bullish setup and put the recent lows back in play.
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The post Is Kaspa Price Finally Making a Comeback? Analyst Maps the Next KAS Targets appeared first on CaptainAltcoin.