The Kaspa price is down 10% today, now trading well below $0.070. This dip is part of the broader crypto market that’s “in red” for the 3rd day straight now.

However, we mentioned many times that over the last couple of years, Kaspa formed one of the strongest communities in crypto. And right now, the community is excited about a new Crescendo Upgrade as the Kaspa team released an official statement about updates.

The Kaspa team has made big progress with the Crescendo upgrade and completed several key milestones. They’ve successfully launched and stabilized the system, identified bottlenecks, added additional features, activated TN 10, and reached their feature freeze date. The main hardfork version is set for March 31, with mainnet deployment scheduled for May 5 at 1500 UTC.

This isn’t just another upgrade – it represents a fundamental advancement for the entire blockchain space. The Crescendo 10BPS Hardfork aims to set a new standard for what blockchain technology needs to deliver to be practical for everyday use.

The Crescendo upgrade brings three major improvements to the Kaspa network. First, increased throughput means the system can handle more transactions simultaneously without performance degradation. Users will be able to send KAS, make payments, and run applications while maintaining speed, low costs, and security.

Second, the addition of payload support transforms Kaspa beyond a simple currency. Users will be able to attach data to blocks, enabling smart contracts and application actions. This creates a foundation for building complex systems directly on the Kaspa blockchain.

Third, support for arbitrary applications opens virtually unlimited possibilities for developers. This flexibility makes Kaspa suitable for innovative DeFi and TradFi platforms, enterprise markets, decentralized social media, DAOs, games, and identity systems.

With these improvements, Kaspa positions itself as both an efficient peer-to-peer currency and a robust settlement layer technology. The network becomes a sandbox for developers, a launching pad for entrepreneurs, and a foundation for enterprise applications.

The Crescendo hardfork demonstrates that high-speed, decentralized technology can exist without compromising security or decentralization – potentially addressing the longstanding blockchain trilemma that has challenged the industry for years.

Read also: Is Kaspa Community at War With MEXC? Traders Cry Foul Over KAS Price Manipulation

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The post KAS Price Crashes, But Kaspa Just Leveled Up: The Crescendo Hardfork Brings Speed, Apps, and More Power appeared first on CaptainAltcoin.

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