Kaspa Open Interest Rises As Traders Position for Next Move

Kaspa (KAS) is again worth exploring as open interest jumped around 10% in the past 24 hours. This signals increased market participation as more traders place bets on Kaspa’s next big price swing.

At the same time, funding rates remain positive, suggesting that long positions continue to dominate – a classic indicator of growing bullish sentiment.

What Is Open Interest – and Why It Matters

Open interest refers to the total number of active futures or options contracts that haven’t been settled or closed. When open interest rises, it typically means that new money is entering the market, fueling momentum.

Combined with a positive funding rate, this tells us traders are leaning long – they’re betting that the price of KAS will go up, not down.

Kaspa Open Interest Climbs with Positive Funding RateKaspa open interest is up around 10% on average over the past 24 hours, signaling increased market activity and growing trader interest.With funding rates remaining positive, sentiment leans bullish as positions build in… pic.twitter.com/NK7MhGOL3J

— Kaspa Daily (@DailyKaspa) July 28, 2025

Kaspa Price Climbs 5%, Trades Above $0.104

Kaspa is currently up 5% on the day, now trading above $0.104. This move comes on the heels of several bullish technical patterns that we covered in today’s daily price prediction article. If you missed it, you can read the full breakdown here: Kaspa (KAS) Price Prediction for Today – July 28

In the analysis, we highlighted:

Bullish scenario: A break and close above $0.117 could open the door to $0.125 and beyond.

Neutral scenario: Price may consolidate between $0.101 and $0.110 if buyers hesitate near resistance.

Bearish scenario: A drop below $0.101 could expose downside targets at $0.095 or even $0.090.

With open interest climbing and funding rates positive, momentum is clearly building in Kaspa’s favor. Whether this leads to a breakout above resistance or a cooling-off period depends on how the market reacts in the next 48 hours.

But for now, one thing is clear – Kaspa is back on the radar, and traders should position accordingly.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Kaspa Open Interest Rises as Traders Position for Next Move appeared first on CaptainAltcoin.