The price of Kaspa (KAS) has experienced a significant surge, increasing by 31% over the past 7 days and 4% in the last 24 hours. This surge is partly attributed to its recent integration with CoinPal, a renowned cryptocurrency payment service provider.
While the integration with CoinPal is not the sole reason for Kaspa’s price rise, it has undoubtedly contributed to the bullish momentum of KAS. This integration comes at a time when the cryptocurrency market is witnessing a recovery, with Bitcoin (BTC) surpassing $30K for the first time in months.
Kaspa’s Integration with CoinPal
Kaspa is a fast, open-source, decentralized, and highly scalable Layer-1 blockchain. It is the first digital ledger to enable parallel blocks. Although Kaspa shares fundamental principles with Bitcoin, it introduces upgrades such as enhanced scalability, lower transaction fees, and faster speeds. By integrating Kaspa, CoinPal and its users will have access to over 50 supported cryptocurrencies, expanding their options.
CoinPal.io’s decision to incorporate Kaspa demonstrates the platform’s commitment to broadening its scope and staying ahead in the evolving realm of digital currencies. This integration contributes to the advancement of e-commerce and establishes CoinPal as a significant player in cryptocurrency adoption.