Kaspa's Circulating Supply Just Hit Record Lows: KAS Price Analysis

Kaspa (KAS) is almost always in the spotlight, but this time it's because of on-chain scarcity and technical strength.. With just 0.78% of the circulating supply

Kaspa (KAS) has been almost always in the spotlight, but this time it’s because of on-chain scarcity and technical strength. According to Kaspa Report, the percentage of active supply has dropped steadily since late April, now sitting below 1%.

This means less and less KAS is being moved or sold, so holders are getting tighter with their coins, which typically precedes major price moves, especially when paired with growing demand.

Kaspa’s stock-to-flow ratio doubles every year thanks to its unique emission schedule. Unlike Bitcoin’s halving every four years, Kaspa cuts its block reward annually, ramping up scarcity at a much faster rate. Yet, because Kaspa runs on a block-per-second DAG architecture, it still functions as a fast, feeless medium of exchange – a rare balance.

Kaspa’s daily active supply is once again approaching record low levels, setting the stage for continued supply shock.Kaspa will persist in a constant state of extreme marketplace scarcity as its stock-to-flow ratio doubles every year. Yet, despite this state of extreme and… pic.twitter.com/gAUNBcsmah

The Kaspa price is currently trading around $0.115, up slightly on the day. More importantly, it’s holding firmly above its 200-day moving average at $0.109, which now acts as key support.

After breaking this long-term resistance earlier this month, KAS has entered a period of consolidation. The RSI is hovering in the mid-50s, signaling neutral momentum with a slight bullish lean. If bulls defend the 200MA, a retest of the $0.125 to $0.13 zone could come quickly.

Kaspa Price Prediction: Short-Term Outlook

If KAS stays above $0.109, upside targets are:

If it breaks down below support, watch for:

But given the combination of low active supply, rising stock-to-flow, and solid technical footing, the path of least resistance seems to be up.

Kaspa’s narrative is catching fire again – not through hype, but through data. The chain is showing signs of extreme holder conviction, and its monetary model continues to strengthen. With circulating supply movement at near-record lows and price sitting above the 200-day moving average, KAS could be setting up for a sharp move.

Read also: Is Kaspa Price Ready for a June Rally? These Signals Say Yes

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