Kaspa’s recent upgrade, termed Crescendo, marks a monumental step in the scalability and innovation of blockchain technology. Michael Sutton, a key figure in the Kaspa community, has shared insights on this pivotal development:
“Kaspa’s 10 bps crescendo upgrade, activated today on mainnet, allows the innovation and scalability of the Ghostdag protocol to truly shine for the first time.”
The upgrade decreased block time significantly from 1 second to 100 milliseconds, an achievement that fundamentally changes how transactions are processed and confirmed on the network. Here are some key points:
Block Time Reduction and Transaction Confirmation
Latency Reduction: Dropping block time to below global round-trip times (RTTs) ensures transactions can be mined much faster after reaching miners within the same continent.
Confirmation Speed: Although confirmation times don’t improve tenfold, they do see an enhancement by about 30%, making the network more responsive.
Throughput and Parallelism
With the block rate increase:
Transaction throughput increases almost tenfold, with real-world efficiency rates observed at around 80-90%.
Block parallelism enhances miner competition, promoting a fairer mining environment and potentially disrupting economic manipulations.
What’s New in Crescendo?
Beyond the increase in blocks per second, Crescendo brings:
KIP-9 (STORM): A novel approach to managing state bloat within the consensus mechanism.
Support for Basic Covenants and Additive Addresses through KIP-10 and 13.
Transaction Payloads enabled by KIP-14, allowing for the carrying of arbitrary data necessary for smart contract operations.
Archiving Transactions with KIP-15, which allows for trustless verification of transaction sequencing.
Implications for Future Systems
This upgrade paves the way for:
Layer 2 solutions that can work over Kaspa with robust trust models immediately post-upgrade.
The foundation for pre-zero-knowledge (zk) systems, allowing economical full smart contract execution verification.
The achievement of running a multi-leader consensus protocol at sub-internet round-trip times without artificial network restrictions is not just an upgrade; it’s a profound statement on the capabilities of modern blockchain architectures.
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Bitcoin Breakout Boosts Leading Layer 1 Altcoins
As Bitcoin continues to break out, several prominent layer 1 altcoins are also experiencing upward momentum. Solana (SOL), Kaspa (KAS), and Sonic (SONIC) are among the frontrunners in this bullish trend.
After finding support at the $145 horizontal level, the price of $SOL is poised to continue its upward trajectory. While the Bitcoin chart may appear simpler and more bullish, $SOL bulls need to overcome the descending trendline and the resistance levels at $170 and $180 to establish a strong position in this bull market.
The price of $KAS is on the verge of reentering the range it has been trading within since mid-November 2023. While this is positive news for the bulls, it also highlights that the price has only recently returned to a level it surpassed towards the end of 2023. With the bull market potentially concluding by the end of this year, $KAS bulls need to act swiftly.
If $KAS successfully reenters the range, it could potentially rise to the top at $0.19, not far from its all-time high of just under $0.21. Breaking above $0.106 would be a crucial first step towards achieving this goal.
$SONIC has demonstrated strong performance on Thursday, with an 18% increase earlier in the day that briefly touched and confirmed the major resistance at $0.345. Although the price has slightly decreased and settled above the $0.317 horizontal level, there is potential for another attempt at breaking the major resistance.
What makes the $SONIC price intriguing is that if the bulls manage to surpass this significant resistance, there are minimal obstacles preventing it from reaching $1.17 and ultimately the all-time high at $1.30. Traders should closely monitor this cryptocurrency.
Disclaimer: This article is provided for informational purposes only and does not constitute legal, tax, investment, financial, or other advice.
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Singapore, , May 1st, 2025 – LBank(lbank.com), the globally leading cryptocurrency exchange, successfully hosted 1001 Crypto Nights, one of the most anticipated side events during TOKEN2049 Dubai. The beachfront festival drew over 5,000 attendees and generated more than 100 million online impressions, setting a new benchmark for Web3 cultural experiences. Hosted by LBank in collaboration with MemeCore and Shiba Inu, and co-organized by Google Cloud and GAIA, the event showcased the dynamic fusion of Web3 innovation and community-driven culture. Its resounding success underscored LBank’s commitment to bridging culture and crypto—bringing together the energy of decentralized communities, the creativity of meme culture, and the immersive power of live entertainment in one unforgettable night.
The festival was powered by a standout roster of partners, featuring tech giants such as AWS, OneCloud, and Akamai, alongside leading blockchain ecosystems including Avalanche, Polygon, Kaspa, and Polkadot. Adding to the vibrant atmosphere, premier meme communities like WIF, BABYDOGE, BRETT, DOG, TURBO, NEIRO, ELON, SUNDOG, and PONKE joined as co-organizers, bringing their signature energy and cultural flair.
Attendees explored immersive brand activations and interactive booths throughout the venue, which was transformed into an Aladdin-inspired carnival. From fortune-tellers and live sketch artists to glowing body paint stations and fantasy cosplay photo zones, the experience offered something magical at every turn. A highlight of the evening was the “Chips System,” an innovative gamification mechanic that rewarded guests for completing both online and onsite missions. The night culminated in a breathtaking 300-drone light show above Dubai’s Palm Jumeirah, casting dazzling formations across the skyline and closing the event on a truly unforgettable note.
“Web3 thrives on openness, imagination, and shared momentum,” said Eric He, LBank’s Community Angel Officer and Risk Control Adviser. “Memecoins and community tokens are more than hype—they’re culture crystallizing on-chain, turning stories and humor into shared value. That’s why LBank is positioning itself as the go-to platform for meme innovation: from fast listings to deep liquidity and global community support, we’re actively building the cultural infrastructure of Web3.”
This landmark event continues LBank’s track record of curating immersive Web3 experiences around the globe. In April 2024, LBank Labs partnered with Web3 Summit and BlockNews to present Web3 Summit Dubai, where global experts examined the latest intersections of Web3, AI and FinTech. September 2024 saw LBank co-host the “Meet Your Meme” after-party during TOKEN2049, a high-energy gathering that united leading memecoin holders, creators, and builders for an evening of cultural exchange. Most recently, in February 2025, LBank Labs wrapped up its well-received “AI in the Skyline” side event at Consensus Hong Kong, which drew more than 800 attendees. The resounding success of 1001 Crypto Nights further underscores LBank’s strategy of leveraging signature offline events to grow and engage its global Web3 community.
As the curtains fall on 1001 Crypto Nights, LBank reinforces its mission to lead not just in exchange services, but in building meaningful cultural connections across Web3. With a growing global footprint, deep market expertise, and a culture-first strategy, LBank remains committed to empowering the next generation of users and reshaping the future of crypto.
About LBank
Founded in 2015, LBank is a leading global cryptocurrency exchange, serving over 15 million registered users in more than 210 countries and regions. With daily trading volume of more than $3 billion and support for over 800 cryptocurrencies, LBank is committed to delivering a comprehensive and user-friendly trading experience. Through innovative trading solutions, LBank has helped users achieve average returns of over 130% on newly listed assets.
As a pioneer in the Meme coin market, LBank has listed over 240 mainstream Meme coins and 40 Meme gems, with several achieving gains of over 500%. As the industry leader in first-time Meme coin listings, LBank has become the go-to platform for Meme coin investors.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not to make this article unique but mean the same thing as the original
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While market sentiment is now swinging back to the positive side, with Bitcoin rallying strongly over recent weeks, many altcoin investors are still probably in the disbelief phase. However, $SOL, $SUI, and $KAS are among the first in a coming crypto wave to the upside.
The $SOL price action is surging strongly to the upside. After pushing through the descending downtrend line, the price has flipped strong resistances into support. The next big resistance level is at $162, and above this at $180, and then $202.
With the Stochastic RSI indicators coming up from the bottom and crossing through the 20.00 level, the needed upside price momentum is arriving. A new all-time high could be on the cards before the end of this bull market.
The $SUI price has absolutely rocketed after breaking through the downtrend line. While $SOL still has some way to go in order to get back to its all-time high, $SUI potentially may not be more than a week or two away, especially if this surge continues in this manner.
The bulls will hope to close this week’s green candle above the $3.38 horizontal resistance, and turn this level into support, perhaps after coming back to confirm it next week.
From there, more towering green candles could send the $SUI price well beyond the all-time high at $5.40. The Stochastic RSI on the weekly is just getting going with the indicators fast rising from the bottom. It might take some very bad crypto or economic news to put the brakes on this one.
$KAS is another layer 1 altcoin that is seeing a very strong resurgence. $KAS hit a perfect bottom at $0.0523, and has been on the charge since then, breaking through the descending trendline. However, another higher high is still to be made at $0.114 in order to continue to break the downtrend. Also, before this, the $KAS bulls need to break through the $0.106 resistance level.
At the bottom of the chart once again is the Stochastic RSI. The difference here between $KAS and $SOL + $SUI is that the indicator lines are a lot more advanced to the upside. This would potentially mean that $KAS could reach a top first. It remains to be seen whether that top will be the top of the range at $0.188.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Hrzeliya, Israel, April 22nd, 2025, Chainwire
Kasrate, a crypto infrastructure company specializing in performance-driven mining optimization, has officially launched its private Kaspa (KAS) mining pool aimed at high-volume miners. The Kasrate Pool introduces a proprietary infrastructure layer that significantly increases profitability while maintaining hardware stability and operational simplicity.
The company reports verified performance gains of 15% to 30% higher net earnings compared to leading public pools, achieved through Kasrate’s custom-built architecture tailored specifically to Kaspa’s GhostDAG protocol.
Kasrate was developed by a team of experienced miners and engineers to address inefficiencies in existing mining infrastructure. Unlike traditional pools, Kasrate is not based on open-source software; it operates on a fully independent codebase designed from the ground up for optimized job distribution, reduced latency, and consistent payouts.
Key Features of Kasrate Pool:
Up to 30% higher profitability vs public pools
No overclocking or hardware modification required
Private, invite-only pool to ensure network stability and hash consistency
Transparent and low-fee model, designed to scale with client performance
Simple client-side integration, with complex backend optimization
Bootstrapped by crypto-native builders, with no VC involvement
Kasrate targets miners operating at 500TH/s and above, offering a tailored solution for mining farms and institutional-scale operators. As of launch, the pool has onboarded clients representing over 21 PH/s in total hashrate, all reporting improved returns and reduced operational variance.
Leadership Statement
“Kasrate was built from hands-on experience and a deep understanding of what miners truly need. We didn’t set out to reinvent mining – we set out to refine it. There are great tools in the market, but none offered the precision and efficiency we required for Kaspa. So we built our own infrastructure. Today, Kasrate helps miners earn more with the same machines and the same power, just through smarter architecture.” said Bar Reichman, CEO and Founder of Kasrate.
Availability
Kasrate is currently onboarding new clients operating at 500TH/s and above. Interested parties may contact the company directly to inquire about eligibility and integration support.
About Kasrate
Kasrate is a crypto infrastructure company focused on enhancing mining efficiency and profitability through custom-built solutions. Founded by a team of miners and engineers with deep industry experience, the company designs proprietary systems that address performance limitations in traditional mining setups. With a strong focus on Kaspa (KAS) optimization, Kasrate delivers tailored infrastructure to meet the needs of high-throughput miners, prioritizing stability, transparency, and operational simplicity.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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AVAX was one of the top altcoins in the 2021 bull market. It reached a high of $147 during that time but has since dropped to $20 despite the bull market potentially nearing its peak in late 2025 or early 2026.
Can AVAX bulls save this promising layer 1 network? Only time will tell. However, at the moment, there is a lot of work to be done just to reach the previous local high at $55.
The price is currently facing significant resistance levels at $20 and $22. The Stochastic RSI indicators are already heading back up, so the bulls need to capitalize on this upward momentum soon. Failing to surpass the last swing high at $55 would result in another lower high.
TON tests the descending wedge breakout + strong support
TON is approaching the strong horizontal support level of $2.80 once again. On the positive side, the price has broken out of the descending wedge and recently retested it, coinciding with the strong support level.
The Stochastic RSI indicators appear to be turning upwards, indicating potential upward price momentum. However, the initial climb for these indicators has resulted in weak price action.
The KAS price is still following the W pattern that was forecasted to occur last Friday. This pattern is likely to take the price to the overhead resistance at $0.10. Surpassing this resistance level would be a significant achievement. If confirmed, it would bring the KAS price back into the $0.10 to $0.19 range, providing an opportunity for the bulls to push the price back to its all-time high.
Not financial advice
In the shorter time frames, there is a possibility that any of the above altcoins could experience significant growth and potentially outperform Bitcoin. This could occur if and when Bitcoin surpasses its all-time high.
However, in the longer term, most altcoins are struggling compared to BTC. Therefore, investors who hold these cryptocurrencies should be aware of this trend.
If your altcoins are not outperforming Bitcoin, it may be worth reconsidering your investment strategy.
Disclaimer: This article is provided for informational purposes only. It is not intended to be used as legal, tax, investment, financial, or other advice.
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