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Reading: Kaspa Pumps, Cardano Recovers — Mono Protocol Steals the Spotlight in Presale Demand
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Market Analysis

Kaspa Pumps, Cardano Recovers — Mono Protocol Steals the Spotlight in Presale Demand

Last updated: November 28, 2025 11:50 pm
Published: 5 months ago
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Kaspa (KAS) recorded one of the strongest performances in the large-cap market this week. The asset has outpaced major cryptocurrencies, including XRP and ADA, while Mono Protocol continues attracting attention in the crypto space.

The market was mixed, but KAS led the weekly gains as new infrastructure development boosted demand.

Kaspa Jumps 40% in One Week After New Bridge Rollout

Kaspa gained 40% this week, with most of the rise occurring during the last 24 hours. The token trades near $0.06, giving it a market capitalization of around $1.6 billion. These values place KAS above several recognized altcoins, including Worldcoin, Algorand, and Arbitrum.

The opening of the first decentralized Kaspa bridge has been the main driver behind the latest move. Shortly after launch, Dymension announced that KAS had been voted in as a new base asset on its platform. The update created renewed demand among traders watching Kaspa’s multi-month performance.

Multiple analysts now see room for further movement. EuroSniper suggested a possible rise toward $0.16 in the coming months. Crypto King shared a similar view, noting that KAS has cleared a long downtrend and continues to hold the $0.05 area as support.

Cardano Rebounds After Rapid Fix to Chain Split Incident

Cardano experienced brief instability earlier this week after the network entered a chain split. A malformed transaction activated a bug last referenced in 2022, causing two separate chain versions to appear.

The issue was linked to an accidental action from a stake pool operator who followed AI-generated guidance.

Developers deployed a patch shortly after the incident. The update restored normal network operation and prevented wider disruption. ADA stabilized once the fix went live. The token increased by 4% on Thursday, trading near $0.431 at publication.

Despite this short-term recovery, ADA has remained down more than 35% over the past month. Market observers continue to watch how developers address longer-term stability concerns following the unexpected bug activation.

Mono Protocol Maintains Steady Progress

Alongside broader market movements, Mono Protocol continues to gain traction, particularly in the presale crypto market, with Stage 18 approaching completion. The project remains priced at $0.0525 and has now raised $3.57 million out of the $3.60 million target.

Black Friday Week plays a central role in this rise. Every presale coin purchase automatically receives a 100% bonus, doubling each MONO allocation. The offer remains active through November 30 and has driven renewed attention across the web3 crypto presale segment.

Mono Protocol’s chain-abstraction model supports this momentum by allowing cross-chain swaps, transfers, and contract calls without bridges, network switching, or gas management. The unified routing layer executes activities through a single system, creating a simpler path for users entering the pre-sale crypto market.

The project also maintains a Rewards Hub for social actions, referral routes, and presale quests. These features continue to drive rising engagement during Black Friday Week as investors search for accessible tokens that offer built-in incentives and clear utility.

Conclusion

Kaspa leads the week with a strong 40% rally supported by new infrastructure, while Cardano stabilizes after addressing a temporary chain split.

Mono Protocol maintains momentum in the crypto presale market with rising participation and continued development updates. The broader market continues to show varied performance across major assets and early-stage projects.

Learn More about Mono Protocol

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