Kaspa and Ondo Finance have embarked on very different trajectories in 2026, although they still attract much attention in the cryptocurrency market. One has been struggling almost all year long to recover from a deep correction, while the other has rebuilt confidence after a difficult start and returned to the upward channel.
This comparison made the next few months particularly interesting. The third quarter may reveal whether Kaspa's recent blockchain upgrades can truly bring practical applications, and whether Ondo Finance can continue its recovery momentum supported by institutional demand. To explore possible future directions, we referred to Grok AI and DeepSeek AI's price forecasts for KAS and ONDO as of the end of September.
Kaspa price performance: KAS is under pressure for most of 2026
Kaspa is under pressure for most of 2026. KAS prices hit an annual high of $0.0532 in the first week of January, before entering a deep correction, a trend that continued into mid-year.
This decline is consistent with the weakening trend of the entire altcoin market. After a strong start to the year, buyers gradually lost control, and KAS repeatedly tested lower support levels. 
Key developments in 2026 include:
January: KAS climbs to annual high of US$0.0532.
February: Buying momentum weakened and prices slipped from the $0.050 range to around $0.040.
March: The overall market was weak, with Kaspa falling to nearly $0.040 at the end of the quarter.
April: Token trading prices mainly fluctuate between US$0.040 and US$0.050.
May: New selling pressure pushed KAS into the mid-range of $0.030.
June: Kaspa recorded its weakest month of the year, with prices stabilizing around $0.030 after losing long-term support.
In July, KAS prices stabilized between US$0.028 and US$0.030. If market conditions improve during the rest of the quarter, this stability range could become an important foundation.
Ondo Finance price recovery changes ONDO outlook
Ondo Finance presents a very different story in 2026. At the beginning of the year, a major token unlock increased circulation supply, putting pressure on ONDO prices, but the project gradually recovered as institutional activity continued to grow.
The recovery has benefited from stronger fundamentals and the expansion of the use of tokenized real-world assets (RWA). 
Several important milestones that have affected ONDO prices this year:
January: 1.94 billion tokens were unlocked causing huge selling pressure.
February: ONDO fell to cyclical lows of around $0.20.
March: Selling slowed as support formed between $0.20 and $0.25. Institutional TVL increased by 13%.
April: ONDO broke through the consolidation range and climbed to around US$0.29.
May: Strong quarterly revenue (US$13.26 million) and a successful treasury bond redemption pilot pushed token prices to around US$0.48.
June: Profit-taking followed the rally before ONDO established higher support between $0.30 and $0.35.
As of July 2026, ONDO trading prices range from US$0.31 to US$0.36. Despite the recent correction, the coin price is still well above its low for the year.
Several factors may affect Kaspa and ONDO prices in the third quarter
Kaspa enters the third quarter with several important catalysts. Bitcoin remains the biggest factor affecting the price of KAS, and if it breaks through US$70,000 again, it may improve the overall altcoin market.
Another important event was the Toccata hard fork that was activated on June 30. This upgrade introduces native KRC20 token support, SilverScript smart contract contracts, and zero-knowledge proof verification. The upgrade is now entering what many consider an "application verification period."
Kaspa has also benefited from tightening supply. About 95.4% of the maximum supply of 28.7 billion KASs have been mined, which continues to reduce new token issuance and miners selling pressure.
Competition remains another important factor. Developers are continuing to work on DAGKnight consensus upgrades, but Kaspa still faces competition from mature Layer 1 networks such as Solana and Avalanche.
Ondo Finance entered the third quarter with a series of different advantages. Bitcoin remains important, but institutional expansion has become the main driver of ONDO prices.
The company recently expanded its tokenized equity platform with the Ondo Stocks brand. The platform now supports tokenized U.S. stocks and ETFs on Solana and BNB Chain, and provides 24-hour casting and redemption services.
Institutional partnerships are another big advantage. Ondo has integrated with DTCC tokenization services and continues to work with companies such as BlackRock, J.P. Morgan and SBI Group.
Revenue sharing has become a new focus after governance approved a model that uses 20% of agreement revenue to pledge ONDO. Token unlocks, which are planned to last until 2028, still require attention, as additional supply could cause selling pressure if demand slows.
Grok AI predicts the trading range for Kaspa and ONDO until September
Kaspa (KAS)
Basic scenario: Grok AI expects KAS prices to trade between US$0.032 and US$0.038 before the end of September. The outlook assumes Kaspa continues to stabilize after a long correction. Lower token issuance and recent Toccata upgrades may support a gradual recovery, but stronger application implementation is still needed before a greater breakthrough can be achieved.
Bullish scenario: Grok AI forecast is US$0.042 to US$0.048, provided Bitcoin rises above US$70,000 and the upgraded Kaspa network begins to attract developers, decentralized apps and DeFi activity. If buying demand improves this quarter, limited supply of KAS may amplify price increases.
Bear scenario: Grok AI sets the downside range at US$0.022 to US$0.027. This result assumes that Bitcoin remains weak, market liquidity remains limited, and Toccata's upgraded application progress is slower than expected.
Ondo Finance (ONDO)
Basic scenario: Grok AI expects ONDO prices to be between $0.35 and $0.46 by the end of September. The outlook assumes continued institutional growth and Bitcoin remains relatively stable, with no major breakthroughs.
Grok AI's response to ONDO
Bullish scenario: Optimistic forecast puts ONDO between $0.54 and $1.13. The scenario relies on stronger institutional demand, continued expansion of tokenized assets and another round of Bitcoin surges. A revenue-sharing model (using part of the agreement revenue as collateral) may also provide additional support.
Bear scenario: Grok AI sees downside risks below $0.25. Continued token unlocking, weak crypto market or slowing institutional growth could all put pressure on ONDO prices during the quarter.
DeepSeek AI expects Kaspa and ONDO to go on different paths
Kaspa (KAS)
Basic scenario: DeepSeek AI expects KAS prices to trade between US$0.032 and US$0.042. The model believes that selling pressure on Kaspa may have been largely released. Before a stronger price increase is achieved, the actual application of the upgraded network remains the biggest missing link.
DeepSeek's response to Kaspa
Bullish scenario: DeepSeek AI forecast is US$0.050 to US$0.055, provided Bitcoin remains above US$70,000 and developers successfully launch the project on the Kaspa network. The forecast states that more than 95% of the largest KAS supply has been mined. If activity increases, this limited new supply may amplify buying demand.
Bear scenario: DeepSeek AI places downside risks below $0.025. The model believes that weak developer activity, limited DeFi growth and Bitcoin's fall below $60,000 again could push KAS lower before any meaningful recovery arrives.
Ondo Finance (ONDO)
Basic scenario: DeepSeek AI expects ONDO prices to trade between US$0.35 and US$0.46 by the end of September. The forecast assumes that Ondo Finance will continue to expand its institutional business, even if the tokens are consolidating for part of the quarter.
Bullish scenario: DeepSeek AI sets the upside range at $0.54 to $1.13. The model believes that approval of an extra income mechanism, stronger institutional demand and another round of Bitcoin gains could push ONDO into a higher valuation range over time.
Bear scenario: DeepSeek AI expects that the ONDO price could be below $0.25 if token unlocking creates additional selling pressure, or broader crypto market conditions deteriorate.
FAQs
Is Kaspa layer of network? Kaspa is a decentralized, open source and scalable Layer 1 solution.
Can Ondo reach $10? Yes, it is possible for ONDO to actually reach $10 by 2030, although this is considered a highly ambitious goal that requires the best market conditions. Achieving this milestone will mean an increase of approximately 10 to 25 times from mid-2026 price levels.

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