This Kaspa chart is strikingly similar to Bitcoin's behavior before its 600% surge

The chart shape of Kaspa is strikingly similar to the historical trend of Bitcoin, and analysts predict a bigger market.

Kaspa has performed strongly in the past month and has become one of the alternative cryptocurrencies with significant increases. The price of KAS has increased by about 50%. Analyst Yoriichi Tsugikuni believes that the current chart pattern may be preparing for a larger market.

Yoriichi compared Kaspa's structure to Bitcoin's shape before the main historical rally, noting that the two look surprisingly similar. His view is not that Kaspa will completely replicate every move of Bitcoin, but that the current layout may follow a familiar pattern: an early sharp pull-up, a long-term reset adjustment, and then another round of expansion.

Yoriichi predicts KAS will form a bitcoin-like structure

This chart superimposes the early Kaspa cycle with Bitcoin's historical price structure. This similarity is mainly reflected in the macro sequence. Both charts show the following characteristics:

• Strong initial expansion
• Major pullback correction
• Long-term reconstruction period
• Climb back from a low base

The Bitcoin section marked in the chart shows that prices have risen by approximately 628% from the low range to reach the next major peak. Yoriichi is actually exploring whether Kaspa is approaching the same stage of the cycle. <> Source: X/@YorichiiCrypto

If this scenario comes true, it will be a huge increase. Still, such comparisons are best viewed as fractal rather than accurate predictions. Markets rarely repeat history perfectly, and Kaspa's liquidity, adoption rates, market capitalization and investor base are significantly different from Bitcoin during that period.

Why the current layout is attracting much attention

The timing of Yoriichi's posting is profound because the Kaspa network has undergone significant changes in recent months. The Tokata hard fork introduces a new programmable layer through:

• Programmable UTXO
• Covenants
• Native zero-knowledge verification

This makes Kaspa no longer seen just as a fast Proof-of-Work payment network. Its larger vision is to become a programmable foundation layer that allows developers to build more advanced applications directly on top of the web. This provides a more solid fundamental story for the current price rise than during the early KAS rebound.

Recommended reading: How high can Kaspa (KAS) prices rise in October?

Silverscript opens the door to more applications

Another important development is the release of Silverscript 1.0 in September this year。The tool allows developers to build applications such as vaults and managed systems, giving Kaspa more practical programmability. This is crucial because one of the biggest questions surrounding Kaspa has always been whether its technical architecture can translate into practical applications and user activity.

Tokata and Silverscript bring the network closer to this goal. Now that the technical capabilities are stronger, the next step is to prove that developers and users will actually participate.

The main problem: Usage has not kept pace

This is the biggest weakness in the bullish argument. Kaspa's technology is advancing rapidly, but network activity has not yet expanded at the same rate. This creates a disconnect between the existing capabilities of the network and actual usage.

If KAS is to maintain a higher valuation, the market may want to see more than just upgrades and technical potential, but also stronger application activity, more users, deeper liquidity, and a clear need for new programmable features. As a result, the next stage in Kaspa's development may be more important than the hard fork itself.

Can KAS touch $0.50?

The recent price recovery has once again made $0.50 an important upside target. At current levels, reaching this level would still be a substantial increase, but far milder than directly projecting the full 600% increase in Bitcoin's history onto Kaspa.

$0.50 区域是一个重要的测试点，因为它将表明市场正在对 Kaspa 的新可编程方向赋予更高的价值。在此之上，若要实现类似比特币的走势，则需要价格和网络增长提供更强的确认信号。

Kaspa 价格展望

Yoriichi 的图表确实引人注目。尤其是从更广泛的周期而非单个蜡烛图来看，其与比特币的结构相似性是显而易见的。然而，Kaspa 当前故事中最有力的部分可能在于图表背后的基本面变化。

Tokata 扩展了开发者可以构建的内容范围，Silverscript 添加了实用工具，KAS 在一个月内已上涨约 50%。现在，网络需要使用量来跟上步伐。如果活跃度开始追赶技术进步的步伐，那么与比特币的比较将会变得更加有趣。