Is Binance Covertly Increasing Its Holdings of Kaspa (KAS) Tokens?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Oct 29 2025

KAS+1.64%

SPK-0.533%

Should l Buy KAS?

Binance's Silence on Kaspa Listing: Binance has not yet listed Kaspa (KAS) for spot trading, leading to speculation that the exchange may be quietly accumulating the token due to its fair launch structure, which does not favor early investors.
Mysterious Wallet Activity: A wallet known as Kaspa wallet #1 has been aggressively buying KAS, raising suspicions of institutional accumulation, particularly after it purchased 2.3M KAS in one day following a larger buy from another exchange.
Domain Ownership Raises Questions: The wallet is linked to two KNS domains, including one with "binance" in its name, prompting debate about whether Binance is involved or if it's merely a coincidence or joke by an individual.
Potential Impact on KAS Price: If Binance is indeed accumulating KAS in preparation for a listing, it could significantly impact the token's market dynamics, increasing visibility and liquidity, although the situation remains speculative until confirmed.

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Technical Analysis for KAS

Technical Sentiment Analysis for Kaspa (KAS) As of , Kaspa (KAS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KAS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KAS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Kaspa (KAS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0129	0.0189	0.0253	0.0314	0.0378	0.0439	0.0503
Fibonacci	0.0189	0.0237	0.0267	0.0314	0.0362	0.0391	0.0439

About KAS

Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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