The crypto market is flashing bright green today, but Kaspa is leading the charge within the top 100. The coin, sometimes called ‘Bitcoin 2.0’, has surged by almost 20% without hesitation. It is now one of the few cryptocurrencies that is actually in the green for the month of November.
Best Form in Nearly Half a Year #
Over the past 24 hours, Kaspa has risen by 19.84%. No other coin in the top 100 comes close to this impressive result. In second place is the memecoin SPX6900 with a gain of 13.03%.
Kaspa has now closed in the green for four consecutive days, and today looks set to be the fifth. If it succeeds, this would be the best such streak since mid-May. Six green days in a row hasn’t happened since February.
Since Sunday, the price has already climbed by over 64%. With this surge, all losses from earlier this month have been decisively wiped out. Few other coins can say the same. For comparison, Bitcoin is still down nearly 17% in November, while Ethereum (ETH) is down 21%.
Launched in 2021, Kaspa can be seen as a faster version of Bitcoin. Like Bitcoin, it lets thousands of computers around the world solve computational puzzles to secure the network. But where Bitcoin processes only one block at a time, Kaspa can process many more in succession. This makes Kaspa feel faster, while still operating on the same basic principle as Bitcoin: an open, fair, and independent monetary system without a central authority.
Kaspa Breaks Out Against Bitcoin #
It’s not entirely clear why Kaspa is performing so well right now. However, from a technical analysis perspective, there seems to be enough support for a further advance.
Analyst Crypto Bull God sees that Kaspa is on the verge of breaking out of a so-called ‘falling wedge’ pattern on its chart against Bitcoin. Kaspa has been losing value relative to Bitcoin for over a year, but now a reversal seems closer than ever.
$KAS is attempting to break out of its falling wedge charted against $BTC
Massive potential UPside #Kaspa
— Crypto ₿ULL God, FSA, MAAA (@CryptoBullGod) November 26, 2025
The latest candle on the two-weekly chart is now pushing through the upper trendline. If it manages to close above it, a period in which it can regain some ground could be on the horizon.