Kaspa Defies Odds with Unbeaten Community Sentiment Ranking
Kaspa (KAS) has continued to impress by holding its position as the number one cryptocurrency on CoinMarketCap's community sentiment ranking, beating out Bitcoin, XRP, and Ethereum for several weeks. Despite trading below its previous highs, Kaspa's network developments have been gaining traction.
The Toccata upgrade, which activated on June 30, has introduced programmable features to the network, including zero knowledge verification and covenants. This upgrade has seen real-world use, with over 1,196 covenant-creating transactions recorded in the past 24 hours, along with more than 2,700 covenant outputs.
Igra, an EVM-compatible Layer 2 anchored to Kaspa, has processed around 54,000 transactions over 24 hours. Network adoption of the post-Toccata software also appears advanced, with 86% of recent blocks coming from node version 2.0.1.