Kaspa KAS November Surpasses July, August in 27.13% Average Return as Institutional Adoption Drives Seasonal Strength

A new analysis from the Kaspa Report has upended conventional assumptions about the cryptocurrency’s seasonal performance, revealing that November historically outperforms the traditionally bullish months of July and August. Based on data through July 25, 2025, the study, which tracks monthly returns for the KAS token, shows November as the most consistent period for positive price movements. The report, visualized through a color-coded chart (green for gains, red for losses), highlights that darker shades—indicating larger percentage returns—occur most frequently in November [1]. This contradicts the prevailing belief that summer months are optimal for Kaspa, though the analyst emphasizes that historical patterns do not guarantee future outcomes [2].

The findings stem from a dataset combining Kaspa’s own records and TradingView data, with returns calculated in U.S. dollars. While July has been perceived as a strong month, the report notes that November’s average return of 27.13% significantly outpaces negative figures in the preceding six months (-26.98%) [1]. Analysts attribute this to long-term institutional adoption trends and the token’s utility in decentralized applications, though no specific use cases were cited in the data [3]. Notably, the chart excludes 2021 due to incomplete pricing data near Kaspa’s genesis block, a decision aimed at improving readability on mobile platforms [1].

The Kaspa team plans to update the chart monthly and develop a live version to aid traders in identifying recurring patterns. This initiative aligns with the project’s broader push for transparency, including a planned repository for all KAS-related infographics at Kaspa.Report [1]. The current market context adds nuance to these insights: while November’s historical strength is evident, short-term forecasts suggest volatility. As of July 19, 2025, KAS traded at $0.098171 with a 24-hour volume of $149.21 million and a market cap of $2.6 billion. However, CoinCodex projects a 25.63% price drop by August 22, 2025, pricing KAS at $0.075132 [4]. This discrepancy underscores the tension between long-term seasonal trends and immediate market dynamics influenced by macroeconomic factors [3].

Kaspa’s cyclical volatility is further illustrated by its performance over the past year. The token reached an all-time high of $0.208892 in August 2024, a 53% premium over its current price, while its circulating supply of 26.49 billion tokens (92% of max supply) suggests limited inflationary pressure compared to other layer-1 projects [3]. Despite a 45.67% decline from its July 2024 price, KAS has posted a 168.22% gain since July 2023, reflecting its status as a high-volatility asset. The upcoming August 31 smart contract launch may further influence investor sentiment, as the token recently hit a two-month high in late July [2].

For investors, the key takeaway lies in balancing historical data with short-term projections. While November’s consistent gains offer a strategic window for long-term positioning, the projected August dip necessitates caution in immediate trading decisions. The Kaspa Report’s efforts to demystify seasonal patterns highlight the growing importance of data-driven decision-making in the crypto space. However, the project’s success in maintaining its cyclical strength will depend on broader market conditions, including institutional adoption and the performance of its smart contract ecosystem [3].

Source:

[1] CaptainAltcoin, "New Data Reveals Kaspa Strongest Month: It's Not July or August," https://captainaltcoin.com/new-data-reveals-kaspas-strongest-month-its-not-july-or-august/

[2] Anisha Pandey, "Kaspa (KAS) Price Hits 2-Month High Ahead of August 31 Smart Contract Debut," https://coinedition.com/author/anisha-pandey/

[3] CoinCodex, "Kaspa Price Chart & Market Cap," https://coincodex.com/crypto/kaspa/

[4] CoinCodex, "Kaspa (KAS) Price Prediction 2025, 2026-2030," https://coincodex.com/crypto/kaspa/price-prediction/