Can This Game-Changing Kaspa Partnership Trigger the Next KAS Price Leg Up?

Kaspa is making big moves in the blockchain world. A new partnership could transform what the network can do.

Kaspa is getting interesting attention in the crypto world. A new partnership is helping the blockchain do some impressive things.

What Is Kaspa (KAS) Working On?

Kaspa is joining forces with Igra Labs to build a ZK-Rollup with EVM compatibility. This will make Kaspa more scalable and programmable. It’s a big deal that could change the game for Kaspa and open up new possibilities.

A Zero-Knowledge Rollup batches transactions off-chain and creates a cryptographic proof to summarize them. This proof is the only thing that gets added to the main blockchain.

The result is faster transactions and lower fees.

Here’s a summary of the advantages of ZK-Rollups:

They reduce network congestion.

Provide almost instant transaction finality without waiting or a pending period.

Unlike optimistic rollups, there's no need for a dispute period, making them more secure.

They execute smart contracts efficiently.Kaspa uses a DAG-based structure, which provides fast finality and high scalability compared to traditional blockchains. Igra Labs is leveraging this foundation to develop a Layer 2 solution capable of handling over 3,000 transactions per second. This contrasts with Ethereum's current throughput of 15-30 transactions per second. Moreover, the Layer 2 inherits the strong security of Kaspa, which already boasts over 1 exahash per second of mining power.

The integration of Ethereum Virtual Machine (EVM) compatibility is significant. It enables Solidity smart contracts to run on Kaspa without needing to be rewritten. This means that Ethereum-based applications, such as DeFi protocols, NFT platforms, and decentralized exchanges, can easily port to Kaspa.

What Are the Advantages For Ethereum DApps?

This move has clear benefits for Ethereum applications and their users.

Lower Fees: Compared to Ethereum gas fees, which can be quite high, the ZK-Rollup offers a far more cost-effective way to use these applications.

Scalability: The system can handle 3,000+ transactions per second, a stark improvement over Ethereum's 15-30 TPS. This throughput could be crucial for handling demand during peak periods or market volatility.

Instant Finality: Users will enjoy transactions with nearly instant finality, in contrast to Ethereum transactions that can take time to confirm and are vulnerable to miners. The system is secured by both Kaspa's consensus and ZK-proofs. It also provides protection against MEV (Miner Extractable Value), where miners can reorder transactions to extract extra profit.

Igra Labs is planning to go beyond EVM support, aiming to add support for Solana VM, Move VM, and WASM. This would allow smart contracts from different blockchains to interoperate within Kaspa's Layer 2.

This initiative could be advantageous for various applications.

DeFi platforms like Uniswap and Aave would offer faster and cheaper transactions on Kaspa.

NFT marketplaces such as OpenSea could handle more trades and handle them quickly.

Games like Illuvium could operate without the performance limitations of Ethereum.

Infrastructure providers like Chainlink could make better cross-chain connections.

This ZK-Rollup initiative transforms Kaspa into a scalable and programmable ecosystem. It provides an opportunity for Ethereum projects to expand into a high-performance environment while maintaining compatibility with their existing codebase.

Igra Labs is aiming for a March 2025 launch of the test network, with the main network following in the coming months.

As the testing phase progresses, the community is eagerly awaiting the full rollout of this ambitious project.

Can Igra Labs Partnership Finally Help FUEL KAS Price Trend Upwards?

The partnership with Igra Labs to develop a ZK-rollup with EVM compatibility is a move that could help shift the tides for KAS.

The token has seen better days since December, with its price dropping by 60%. But after losing two-thirds of its value, KAS might finally be finding a floor. In the last four days alone, the token went up by 35%. It is currently trading at $0.0076.

This partnership couldn’t have come at a better time. Igra Labs is planning to launch the test network for its ZK-rollup this month. This could be exactly what is needed to give KAS a final push. If the early tests show promise and the integration goes smoothly, more people might want to join in. Usually, investors prefer to invest in products that aren’t quite finished yet. They can see the potential early on. The combination of EVM support and Kaspa’s speed might bring both developers and investors to the table.

Many are looking for blockchain scaling solutions or a way to combine different blockchains. Kaspa could become both an Ethereum scaling solution and a cross-chain hub. This might attract a new wave of investors. The recent price jump might mean