SOL - 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' | Benzinga
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 SOL rose by 125%, 67%, and 459% respectively in the same ...