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How did Kaspa reach 600 million transactions? What are the technical features that enable Kaspa’s high throughput? What developments are planned for 2026? Conclusion Source: FAQ
decentralized layer 1 blockchain, whenrecently reached a milestone of 600 million total transactions. This feat represents a significant development for the protocol, considering that the first transaction occurred on November 7, 2021, more than five years ago.
Data as of February 20, 2026 Official Explorer of Caspa show:
- Total number of transactions: 601 million+
- Total number of blocks: 361,742,049
- Circulating supply amount: 27,219,524,810 $what (94.84% of total mined supply)
- Average block time: 0.1 seconds
- Wallet address: 540,468
- Current block reward: 3.270 $whatreduction scheduled for March 6, 2026
How did Kaspa achieve 600 million transactions?
Kaspa’s mainnet has been up for approximately 1,566 days as of February 2026. During this period, the network averaged approximately 386,700 transactions per day. On February 7, 2026, the network recorded more than 597 million transactions. By February 14, explorers and community sources confirmed that the total number had exceeded 600 million. As of February 18, that number was over 601 million, with recent hourly data showing about 17,000 transactions processed.
There are some big events coming up in 2025, and the following provides some background.
- September 29, 2025: Approximately 60 million transactions per day, approximately 250,000 active addresses, and approximately 680 transactions per second (TPS).
- October 5, 2025: Over 158 million transactions in one day.
- October 6, 2025: Approximately 151 million transactions were processed at Layer 1 with no downtime reported.
These peaks indicate the network’s ability to handle sustained large capacity directly at the base layer.
What technical features enable Kaspa’s high throughput?
Kaspa’s BlockDAG architecture allows you to create and verify multiple blocks in parallel. The network is currently operating at 10 blocks per second. crescendo hard fork. The average block time is approximately 0.1 seconds.
in contrast, Bitcoin The sequential block model typically handles 3-7 TPS and confirmations are measured in minutes. Testnet 11 reportedly maintains 2,400-3,000 TPS without interruption with storage requirements of less than 200 GB, and no consensus security breaches. In additional testing, throughput reached approximately 4,000 TPS.
As a comparison, centralized payment networks such as Visa and Alipay are often cited as benchmarks for high transaction capacity. Some Kaspa stress tests recorded amounts per second that approached or exceeded these levels under controlled conditions.
Kaspa’s design follows nakamoto’s consensus principles, but generalizes them through BlockDAG to support parallelism. The network has no central governance authority.
Most importantly, institutional participation in mining is increasing. marathon digital reported Approximately $16 million worth of mining $what By mid-2024, reflecting diversification beyond Bitcoin mining.
What developments are planned for 2026?
a Covenant-centric hard fork This upgrade is expected to enable native assets and lay the foundation for smart contract functionality.
Planned ecosystem components include:
- silver script Intended to support decentralized finance (DeFi) applications
- KRC-20 token standard
- Additional developer tools and infrastructure
While Kaspa’s on-chain activity is noteworthy, it is not prominently listed in the Total Value Lock (TVL) rankings tracked by platforms such as DeFiLlama, which primarily covers EVM-compatible chains. For context, Ethereum has approximately $54.3 billion on TVMeanwhile, Solana recently reported weekly TVL growth of 6.83%.
The 600 million transaction milestone provides a measurable indicator of network usage as Kaspa expands its feature set.
conclusion
Kaspa’s 600 million total transactions reflect continued activity on its PoW layer 1 blockchain using the BlockDAG architecture. The network has demonstrated the ability to sustain high daily processing volumes, sub-second block times, and support parallel block generation with no reported downtime during peak events.
With 94.84% of the supply mined, block reward reductions planned, and a hard fork planned to introduce native assets, the network is entering a new technological phase. This milestone confirms measurable throughput and adoption since its launch in 2021, and future protocol changes will test its ability to support a broader range of use cases.
source:
- When using Explorer: Total transactions, supplies, blocks, etc.
- Defilama: 2026 TVL data
