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Kaspa approaches $1 b market cap with 94% mined

Kaspa Nears $1B Market Cap | Mixed Sentiments From Investors

By

Samantha Rivers

Jan 21, 2026, 12:27 PM

Updated

Jan 22, 2026, 12:20 PM

Quick read

Graph showing Kaspa's market cap approaching $1 billion with 94% of tokens mined

A notable buzz surrounds Kaspa as it nears a $1 billion market cap, with 94% of its supply mined. Opinions across multiple forums highlight both optimism and skepticism about the future of the cryptocurrency, raising important questions for potential investors.

Investor Perspectives: Divided Opinions

Community reactions show a split. Some members are optimistic, suggesting that reaching this mark signifies a solid future. One comment noted, "this is the maximum level Diamond Hands can reach," indicating confidence in ongoing support.

Conversely, others remain cautious. As one commenter remarked, "I am not sure if you mean that as a positive or a negative," referencing memories of Kaspa's earlier highs at $4 billion. Such doubts provoke discussions about whether current trends are a peak or mere delays.

Altcoins Following Bitcoin?

A consistent theme emerges regarding the performance of alternative cryptocurrencies. One commenter pointed out that "alt still follows bitcoin's price action," suggesting that Kaspa's movements might be linked to Bitcoin's fluctuations. This correlation leads to speculation about whether an altseason could fuel further growth.

Interestingly, remarks about a possible resurgence in altcoins were prevalent. One user asserted, "alts are going to have good returns this year," hinting at optimistic expectations for a market turnaround.

What Lies Ahead for Kaspa?

With this backdrop, another user casually stated, "My hands are lab grown 😎 Will always just buy more." This reflects an underlying bullish mindset among some investors, even amidst uncertainty. The question remains: will Kaspa maintain momentum, or are risks ahead?

Key Points to Consider

  • 🟑 Kaspa approaches a significant market cap of $1 billion.

  • πŸ”΄ 94% of its total supply is already mined, raising future availability concerns.

  • πŸ”Ά Many users speculate a possible bounce back for altcoins in 2026 amid shifting market dynamics.

  • ⚠️ Investor sentiment appears mixed, with uncertainty about whether current levels indicate a peak or potential opportunity.

Kaspa’s trajectory will be one to watch as 2026 continues. Investors find themselves weighing options carefully, as the combination of a saturated supply and looming market changes could shape the future of this cryptocurrency.