This Layer-1 Token Surges 2500%, Dwarfs Bitcoin, Ethereum, And Solana In 2023: Analyst Says ‘One Of The Cleanest Charts I’ve Seen In Years’

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Kaspa (CRYPTO: KAS), a layer-1 blockchain token, has seen a staggering year-to-date increase of 2500%, outperforming top cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL). What Happened: Kaspa describes itself as the “fastest and most scalable Level 1, instant validation transaction layer” and operates using a proof-of-work consensus mechanism. Its architecture is grounded in the GHOSTDAG/PHANTOM protocol, which is considered a scalable extension of the Bitcoin consensus. At the time of writing this article, KAS was trading at $0.13. BTC, ETH, and SO…

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