Kaspa Supply Nears Ceiling as KAS Circulation Reaches 96.85%

CaptainAltcoin reports that Kaspa has surpassed Bitcoin in an unusual supply metric as the quantity of newly issued KAS moving into circulation continues to decline. The report identifies a maximum supply of approximately 28.70 billion KAS, with about 27.8 billion already circulating, representing roughly 96.85% of the total possible supply. The figures come from a single report, with no additional outlet coverage available to independently confirm the comparison. The supplied summary also does not provide Bitcoin’s corresponding supply figure, leaving the exact basis of the ranking without further detail. Kaspa’s supply position is notable because most KAS that can be created under the stated maximum has already been mined. That leaves issuance approaching its limit while the flow of new coins into circulation becomes progressively smaller, according to CaptainAltcoin’s account of the metric. The broader crypto market was flat, with a total capitalization of $2.61 trillion and the Fear & Greed index at 28, indicating a Fear reading. Bitcoin traded at $75,836, up 0.10% over 24 hours but down 2.63% over seven days. KAS was priced at $0.02939355, down 0.84% over 24 hours and 11.44% over seven days, with a market capitalization of $817.15 million. The remaining supply trajectory and the pace at which issuance continues to contract are the relevant indicators to monitor.