Kaspa Recent Updates: What’s New Across Infrastructure, Wallet Activity, & More

Kaspa’s recent updates cover infrastructure growth, smart contract research, community tools, and on-chain activity. The most significant developments include a new multi-chain bridge, major shifts in wallet accumulation patterns, progress on Kaspa’s VProgs architecture, and upcoming applications built directly on the network. 

Kaspa’s New Multi-Chain EVM Bridge

Kaspa community member James Lee announced the launch of a multi-chain EVM bridge built by the teams behind Igra and Kasplex. The bridge connects Kaspa to BNB Chain, with support already prepared for 30–40 additional networks.

The bridge is accessible through kaspabridge.com and is designed to give Kaspa users native access to EVM-based assets and applications. Lee said the teams focused on building rather than promising future features, and the next networks will be chosen through a community vote. The stated goal is to avoid gatekeeping and allow users to decide which chains should be connected next.

The bridge marks a significant infrastructure addition because Kaspa has not historically had deep integration with EVM ecosystems. With this connectivity, users can move assets between Kaspa and other chains while keeping the transactions within a clear and auditable workflow.

On-Chain Activity

According to Kaspa Report, there is notable activity involving the network’s largest wallet, known as Wallet #1. The address accumulated more than twice the total amount of KAS generated through block emissions in October 2025. This is the first time an address on Kaspa has accumulated more than the monthly supply itself.

Why This Matters

On-chain data indicates that most inflows into Wallet #1 came from an exchange that publicly stated it had no connection to the address. This implies that multiple holders sent KAS to the same target rather than a single user shifting funds internally. The result is a concentration of KAS supply under one holder.

However, Kaspa’s broader supply data shows the opposite trend at the network level. While Wallet #1 increased its concentration, the percentage of circulating KAS held by the top 0.01% of addresses actually declined during the same period. This suggests strong redistribution from large holders to smaller ones, outpacing even the rapid pace of Wallet #1’s accumulation.

A key factor behind the wallet’s aggressive buying was the market crash on October 10, triggered by a Binance price oracle failure. The sharp decline likely gave Wallet #1 an opportunity to accumulate KAS more quickly.

Kaspa’s report states that the network’s underlying decentralization trends remain intact because wider distribution continued even as a single wallet accumulated heavily.

VProgs: Kaspa’s Road Toward Smart Contracts and DeFi

Kaspa developer Michael Sutton shared the technical structure of VProgs (Verifiable Programs), which are intended to bring smart contract capabilities to Kaspa. VProgs are built on the Based Rollups model and follow the principle of “off-chain compute, on-chain verify.”

Kaspa’s approach does not attempt to run complex smart contracts directly on L1. Instead, the L1 becomes a high-performance sequencer and data availability layer.

Kaspa L1’s Role

Kaspa already delivers high throughput:

• 10 blocks per second (BPS)
• 3,000+ transactions per second (TPS)

The system favors decentralization by keeping node requirements low. Complex computation is handled off-chain, but all transactions are sequenced and verified by the L1 to maintain integrity.

Problems With Current L2 Models

Sutton explained two major pain points seen in the Ethereum ecosystem:

• The Single L2 Problem:
  A single large L2 can be congested by a high-demand application, causing delays across the chain.
• The Multiple L2 Problem:
  When many L2s exist, liquidity becomes fragmented. Funds on one chain cannot interact with applications on another.

Kaspa’s Solution Through VProgs

VProgs introduce two structural features:

1. Unified Sequencing
All applications share the same canonical ordering of transactions because the L1 sequences everything.

2. Synchronous Composability
Different applications can interact within one atomic transaction.
This creates a single unified liquidity pool across the network, removing cross-chain friction.

The Scalability Flywheel

Sutton referenced concepts from random graph theory. If operators produce ZK proofs infrequently, dependencies grow too large, increasing cost. If proofs are produced often, the system stays efficient.

This encourages high-frequency proving, lowering fees, increasing usage, and reinforcing the cycle.

Alignment With Industry Trends

Sutton pointed out that this design mirrors broader industry direction. During the same meetup, Nico from StarkWare emphasized moving computation off-chain to simplify smart contracts. Kaspa’s VProgs follow this exact model by letting the L1 handle only sequencing and verification.

Navigate: A New Open-Source Kaspa Browser

Kaspa developer @gptcrypto89 is working on a Web3 browser called Navigate, built specifically for Kaspa’s ecosystem.

The browser includes:

• Multi-wallet support
• On-chain DNS for KNS domains
• Built-in AI assistant
• On-chain chat
• Wallet and asset management tools

Navigate is designed as a local, open-source Web3 client that makes Kaspa applications easier to access. The focus is on giving users a complete toolset for interacting with Kaspa without depending on external corporate applications.

K Social: A Fully Decentralized Social App Nearing Mainnet

A new decentralized social platform called K Social is preparing to launch on Kaspa mainnet. Developer TheSheepCat described the platform as fully local and uncensorable.

The app works through:

• A local K app (desktop, Android, or local webapp)
• A local K-indexer
• A locally run Kaspa node

Because all components can run locally, no central entity can remove posts or limit access. The team has already posted the first K Social content on mainnet ahead of the public release.

Conclusion

Kaspa’s recent updates highlight a mix of infrastructure work, ecosystem tools, and technical research. The EVM bridge increases cross-chain access. Wallet activity shows dynamic supply movement. VProgs outline a clear path for verifiable computation and synchronized liquidity. New applications like Navigate and K Social expand the usability of the network. As these components continue to develop, Kaspa is building a broader environment grounded in efficient verification, user control, and open participation.

Resources:

1. Kaspa X platform: https://x.com/kaspaunchained

2. Kaspa Report X platform: https://x.com/KaspaReport

3. Kaspa Daily X Article on vProgs: https://x.com/DailyKaspa/status/1966149209968505132  

4. vProgs Yellow Paper Draft v0.0.1: https://github.com/kaspanet/research/blob/main/vProgs/vProgs_yellow_pa