Kaspa’s Puell Multiple is climbing sharply, reaching its highest level in nearly a year. The indicator compares the daily USD value of newly mined $KAS with its 365-day average, helping assess miner revenue relative to historical levels. After spending months near or below 0.5, the multiple has now risen above 1.0, signalling a significant recovery in miner revenue relative to its yearly average. A rising Puell Multiple can reflect improving market conditions