Kaspa has had an impressive journey, but one thing still stands out. Despite its growing popularity and strong fundamentals, KAS is yet to be listed on Binance or Coinbase, the two largest crypto exchanges in the world. That could be about to change.
Lately, a few strange numbers have caught the attention of the crypto community, especially analysts like Crypto Proselyte. He believes something unusual is happening on the Kaspa network, and it could signal something big, possibly a long-awaited Tier 1 exchange listing.
Kaspa Activity Suddenly Explodes
According to Crypto Proselyte, Kaspa’s network has seen an unexpected and dramatic spike in activity. For months, daily transactions on the KAS network sat comfortably around 50,000. But that changed in late July. The numbers quickly jumped to 300,000, then 500,000, and eventually crossed 1 million transactions in just 24 hours.
That level of activity isn’t normal. In fact, this is the second-highest daily transaction count ever recorded on Kaspa. The only time it was higher was during the KRC-20 token craze back in October 2024, when daily transactions shot up to over 15 million.
To put it in perspective, Bitcoin’s highest ever was 926,000 daily transactions back in April 2024. Kaspa’s recent numbers are not only unusual, they are historical.
Something Weird Is Happening on #Kaspa — And It Might Be Big$KAS ‘s number of daily transactions (1.02 million) and the number of daily unique active addresses (510 thousand) are literally exploding !
— 𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐫𝐨𝐬𝐞𝐥𝐲𝐭𝐞 (@Crypt0Proselyte) August 1, 2025
Here’s a thread🧵👇 pic.twitter.com/8ZuATKhKJ9
Number of Real Users Also Surges
Transactions can be automated, but the number of unique active addresses tells a more grounded story. This is the number of real users actively engaging with the network. Crypto Proselyte explains that Kaspa usually averages about 15,000 to 20,000 daily active addresses. But just like with the transaction count, that trend has broken.
First, the number rose to 117,000. Then it hit 206,000. Now, it has climbed all the way to 510,000 active addresses in a single day. That’s almost exactly the same number as Bitcoin’s current active user count.
These aren’t small shifts. They represent a huge change in network activity that many believe can’t be ignored.
What’s the Real Reason Behind the Spike?
So what is driving this massive jump in Kaspa activity? Crypto Proselyte shares two possible theories.
The first is that Tier 1 exchanges like Binance or Coinbase might be conducting quiet network tests. This kind of stress-testing helps exchanges confirm whether a network can handle increased traffic and volume before a major listing. Given Kaspa’s reputation for fast block times and excellent scalability, this could be the perfect moment to prepare for such a move.
The second theory is that a new project or dApp could be launching in secret. Kaspa’s smart contract functionality is expected to go live by late August, and this kind of spike could be early groundwork for that upgrade.
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Either way, something has changed. And it’s happening quickly. Whether it’s an upcoming listing or the beginning of major ecosystem development, Crypto Proselyte believes the market should take notice.
With the KAS price now under close watch and Kaspa’s metrics breaking records, it wouldn’t be surprising if a Binance listing is next.
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