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Kaspa is the new king of blockchain, not silver

Kaspa Surges in Transactions | Critics Dismiss It as Just Another Shitcoin

By

Carlos Mendez

Oct 6, 2025, 12:45 PM

Edited By

Raj Patel

Updated

Oct 7, 2025, 07:11 AM

2 minutes estimated to read

A graphic showing the Kaspa logo with a crown, surrounded by symbols of transactions and decentralization, illustrating its dominance in the blockchain space.

Kaspa has officially entered the spotlight, reporting 158 million on-chain transactions within 24 hours as of October 6, 2025. Despite this remarkable feat that eclipses giants like Visa, skepticism among some community members remains strong.

Transaction Velocity That Turns Heads

Showcasing 1,828 transactions per second, Kaspa is challenging the long-time dominance of Bitcoin and Ethereum. Here are key statistics:

| Network | Avg Daily Transactions | Notes |

| Bitcoin | ~400k | 10-min blocks |

| Ethereum | ~ congested, high fees | Proof of Stake |

| Solana | 80M | Frequent halts |

| Visa | ~150M | Centralized servers |

| Kaspa | 158M | Fully decentralized |

"Kaspa didn’t just catch Visa; it beat it in a testnet, live and verifiable by anyone running a node."

Community Reactions: A Mixed Bag

While many are celebrating Kaspa's achievements, others are not convinced of its legitimacy. Key voices in forums highlight two striking themes:

  1. Doubters Remain: "Kaspa is just a shitcoin. Nothing king about it. πŸ˜‚" This sentiment illustrates skepticism around its status in the crypto hierarchy.

  2. Watchful Eyes: Another user stated, "Important people with influence are watching πŸ‘€" suggesting that significant figures are observing the network's performance and potential.

  3. Rebranding Necessity: Users emphasize that the old narrative, branding Kaspa as 'silver' to Bitcoin's 'gold', no longer fits. A call for solid marketing strategies has come through loud and clear, as one commenter remarked, "How does Kaspa plan to get listed on other platforms?"

Implications for Kaspa's Trajectory

The rising transaction capabilities signal a potential turning point for Kaspa in the crypto landscape, raising questions about its ability to maintain this momentum. Currently outside the top 50 in coin rankings, community calls for effective marketing plans are growing.

Key Takeaways

  • πŸš€ 158M transactions in a single day showcase Kaspa's efficiency.

  • πŸ‘‘ "Kaspa is KING" - this claim could redefine its market identity.

  • ❗️ Visibility is key: Users stress the need for listings on major platforms.

As Kaspa’s narrative evolves, the road ahead appears challenging yet promising. The question looms: Can Kaspa transform skepticism into substantial market share in the coming year?