Why $3.5 Could Mark the Bull Run Peak for Kaspa: Timeline and Triggers Revealed

Kaspa price has been on an impressive run lately, even as many other altcoins have struggled. Over the past two weeks, KAS price jumped by more than 50%, climbing from around $0.058 to over $0.092. This move has sparked fresh optimism that Kaspa could reach much higher levels

The price of Kaspa (KAS) has been on an impressive run lately, especially compared to many other altcoins. Over the past two weeks, KAS/USD surged by more than 50%, increasing from around $0.058 to highs of over $0.092.

This move has sparked fresh optimism that Kaspa could reach much higher levels during this cycle, with one bullish X user, @bysiyakat (MoralBalance), suggesting a price target of $3.5. While ambitious, this goal might be possible if we consider the long-term technical patterns and momentum shifts.

As we’re about to discover, this scenario unfolds on the monthly time frame—a time frame that's best suited for revealing bigger picture trends.

Kaspa has been respecting an ascending parallel channel since 2022. The price consistently bounced between the channel’s boundaries and even broke above the midline multiple times during bullish waves in 2023 and 2024.

After peaking in 2024, KAS fell back down and is now testing the lower boundary of that same channel. This zone is a major decision point—if the price holds here and starts pushing upward, it could signal a fresh rally. But if it breaks below, the long-term trend might be in danger.

Another key technical factor is the EMA21, shown as a blue line on the chart. Kaspa recently dipped below it, which is usually bearish on longer time frames. However, the current candle is testing a move back above it. If successful, it might indicate that the drop was just a fakeout and a reversal is underway.

The analyst is targeting October 1, 2025 on the chart as a possible breakout point—perhaps because it aligns with a predicted cycle top or a fundamental event. Interestingly, if KAS continues respecting the ascending channel and regains momentum, the top of that channel coincides with the $3.5–$4.0 range.

So, is $3.5 feasible? Technically, yes. But it depends on Kaspa reclaiming key support levels and volume kicking in over the coming months. This is a high-risk, high-reward setup.

As another popular analyst, @Derek_Eco_Mind, highlighted, Kaspa surged nearly 49% in just 15 days while many other coins were struggling. And this wasn’t due to hype but rather to real tech upgrades and news that was unfolding slowly, in the background, and didn’t receive enough attention.

Here’s a clearer look at the changes and updates that occurred:

Crescendo Upgrade (May 5, 2025)

Kaspa is set to increase its speed from 1 to 10 blocks per second. This is a huge jump in throughput and confirms the project’s focus on scalability without sacrificing decentralization. The hard fork, known as Crescendo, is set to go live in early May and could act as a catalyst for the next price leg up.

Based Rollup on PoW

Kaspa is introducing the first ZK-based rollup on a proof-of-work blockchain—a big deal in the Layer 2 space. It opens the door for decentralized applications to be built on Kaspa, leveraging its security and MEV resistance, making it attractive to builders seeking alternatives to Ethereum.

EVM-Compatible Smart Contracts

The network is working on full compatibility with Ethereum’s smart contracts. This means developers will be able to use familiar tools and deploy on Kaspa, potentially unlocking a new wave of DeFi, NFT, and gaming applications.

Trending on CoinMarketCap—and Binance Tease

Kaspa is trending on CoinMarketCap, which signals strong interest from the retail community. At the same time, the community spotted some subtle hints suggesting that Kaspa could be listed on Binance, the world’s largest cryptocurrency exchange. A Binance listing would bring massive exposure and could push KAS to new highs.

This might also interest you: How High Can JasmyCoin (JASMY) Spike When Bitcoin Hits $150K?

Final Thoughts: Can KAS Hit $3.5?

The stars seem to be aligning for Kaspa—but it still has work to do. The $3.5 price target by October isn’t guaranteed, but it’s also not impossible. The technical structure supports a big move if Kaspa manages to reclaim the EMA21 and stays within the ascending channel.

With the Crescendo upgrade, EVM compatibility, and a growing community behind it, Kaspa appears to be one of the few altcoins that is doing something different—and getting recognized for it.

If this bounce holds, the journey to $3.5 may have just begun.

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