Kaspa Hits 2.1 Billion Total Transactions
Kaspa (KAS) has surpassed 2.1 billion cumulative on-chain transactions, with 95.55% of its total supply already mined, 539,977 wallet addresses on the network, and a current block reward of 2.75 KAS per block.

Network Crosses 2.1 Billion Lifetime Transactions
The Kaspa network has hit another significant milestone, surpassing 2.1 billion cumulative on-chain transactions, according to data shared by @kaspaunchained. The figure comes just a short time after the network crossed the 2 billion mark, reflecting the rapid pace at which activity is compounding on the chain.
The data, sourced from Kaspa Explorer, paints a picture of a network in consistent, accelerating use. Kaspa operates at 10 blocks per second, enabling high throughput without congestion. That architecture has clearly played a role in driving cumulative transaction counts higher at pace.
Supply, Addresses, and Block Rewards at a Glance
Beyond the transaction count, the on-chain data offers several other telling metrics. According to Kaspa Explorer, 95.55% of $KAS has already been mined, the network now hosts 539,977 wallet addresses, and the current block reward stands at 2.75 $KAS.
The near-complete mining of the circulating supply is consistent with Kaspa's emission schedule. The official Kaspa tokenomics page projected that around 95% of all KAS would be mined by approximately July 10th, 2026, putting the current figure broadly in line with that trajectory. The total supply is fixed at approximately 28.7 billion KAS, with no plans to increase it.
The declining block reward is also by design. During what Kaspa calls its Chromatic Phase, block rewards decrease geometrically over time, halving once per year but reduced smoothly each month by a fixed factor. This approach is intended to create a more gradual deflationary curve than the sudden halvings seen in Bitcoin.
The wallet address count of 539,977 also aligns with broader growth trends. Multiple sources have noted that over 530,000 addresses hold KAS, reflecting steady and wide distribution across the network.
Looking ahead, Kaspa is preparing for a material upgrade. A Toccata hard fork has entered its final phase, with a June 2026 activation window targeted for introducing native tokens and smart contracts. If successful, the upgrade would mark a significant shift for the network, moving it beyond its current payments-focused identity.
Sources:
Kaspa Official Tokenomics and Emission Schedule
CoinMarketCap: Kaspa Latest Network Updates
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Jon WangJon studied Philosophy at the University of Cambridge and has been researching cryptocurrency full-time since 2019. He started his career managing channels and creating content for Coin Bureau, before transitioning to investment research for venture capital funds, specializing in early-stage crypto investments. Jon has served on the committee for the Blockchain Society at the University of Cambridge and has studied nearly all areas of the blockchain industry, from early stage investments and altcoins, through to the macroeconomic factors influencing the sector.












