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Kaspa (KAS) Price Hits 2-Month High Ahead of August 31 Smart Contract Debut

News and price analysis for Kaspa (KAS), which is rallying ahead of the launch of its smart contract capabilities in August 2025.

  • KAS has surged nearly 40% this week and over 10% in the past 24 hours alone.
  • The surge follows the announcement of its August 31st smart contract launch via Casplex L2.
  • The token is testing the upper boundary of a long-term wedge, with strong momentum.

Kaspa’s native token, KAS, has surged by 14.6% in the past 24 hours to trade at $0.1153, marking its highest price level since May 2025. This explosive rally, which has seen the altcoin gain nearly 40% over the past week, comes just ahead of a major development for the project.

🚨 JUST IN: #Kaspa Smart Contracts Launching August 31 via @kasplex L2 Mainnet

Kaspa is set to activate smart contracts with the launch of the Kasplex Layer 2 mainnet on August 31. This upgrade brings new utility to the $KAS ecosystem, enabling decentralized apps and expanding… pic.twitter.com/7BvYIDwHBz

— 𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐫𝐨𝐬𝐞𝐥𝐲𝐭𝐞 (@Crypt0Proselyte) July 21, 2025

Smart contracts will go live on August 31

On July 22nd, the Kaspa team confirmed that smart contract functionality will go live on the network via Casplex Layer 2 (L2) on August 31st.

For the first time, developers will be able to…

The post Kaspa (KAS) Price Hits 2-Month High Ahead of August 31 Smart Contract Debut appeared first on Coin Edition.

Source

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