table of contents
Kaspa’s new multi-chain EVM BridgeOn-Chain ActivityVProgs: Kaspa’s path towards smart contracts and DeFiNavigate: New open source Kaspa BrowserK Social: A fully decentralized social app getting closer to mainnet Conclusion Resources: FAQ
that it existsRecent updates cover infrastructure growth, smart contract research, community tools, and on-chain activity. The most important developments include new multi-chain bridges, major changes in wallet accumulation patterns, Kaspa’s VProgs architectureand future applications built directly on top of the network.
Kaspa’s new multi-chain EVM bridge
You Community acquires James Lee announced Launch of the multi-chain EVM bridge built by the team behind Igra and Kasplex. This bridge connects Kaspa to the BNB chain and support for 30-40 additional networks is already in place.
The bridge can be accessed from casperbridge.com It is also designed to provide Kaspa users with native access to EVM-based assets and applications. Lee said each team is focused on building rather than promising future features, and the next network will be chosen by community vote. The stated goal is to avoid gatekeeping and allow users to decide which chain to connect to next.
Kaspa has not previously been deeply integrated with the EVM ecosystem, so this bridge represents a significant addition to our infrastructure. This connection allows users to move assets between Kaspa and other chains while maintaining transactions within a clear and auditable workflow.
On-chain activity
According to Being ReportThere has been some notable activity related to the network’s largest wallet known as . Wallet #1. This address accumulated more than twice the total amount of KAS generated by block emissions in October 2025. This is the first time that addresses on Kaspa have accumulated more than the monthly supply.
why is this important
According to on-chain data, most of the inflows to Wallet #1 came from exchanges that publicly said they had no ties to the address. This means that multiple holders sent KAS to the same target, rather than a single user moving funds internally. As a result, the supply of KAS is concentrated under one holder.
However, Kaspa’s extensive supply data shows the opposite trend at the network level. While the concentration of wallet #1 increased, the percentage of circulating KAS held by the top 0.01% of addresses actually decreased over the same period. This suggests a strong redistribution from large to small holders and even outpaces the rapid accumulation pace of wallet #1.
The key factor behind the wallet’s aggressive purchases was the October 10th market crash caused by Binance’s price oracle failure. We believe that the rapid decline gave Wallet #1 an opportunity to accumulate KAS more quickly.
Kaspa’s report states that despite the large accumulation of single wallets, the underlying decentralization trend of the network remains intact as broader distribution continued.
VProgs: Kaspa’s path towards smart contracts and DeFi
Kaspa developer Michael Sutton share technical structure of VProgs (Verifiable Programs)aims to bring smart contract functionality to Kaspa. VProgs is built on the Based Rollups model and follows the following principles: “Compute off-chain, verify on-chain”
November Meetup | Smart Contracts in Practice | vProgs Architecture | Underground Web3 Developers with StarkWare and Kaspa. https://t.co/JEgrnIV398
— Web3 Devs Underground (@Web3_Devs) November 17, 2025
Kaspa’s approach does not attempt to execute complex smart contracts directly on L1. Instead, L1 becomes a high-performance sequencer and data availability layer.
Role of Kaspa L1
Kaspa already achieves high throughput.
- 10 blocks per second (BPS)
- 3,000+ transactions per second (TPS)
This system promotes decentralization by keeping node requirements low. Complex calculations are handled off-chain, but all transactions are ordered and verified by L1 to maintain integrity.
Problems with the current L2 model
Sutton explained two major problems in the Ethereum ecosystem.
- Single L2 problem:
A single large L2 can become congested with high-demand applications, causing delays throughout the chain. - Multiple L2 issues:
If there are many L2s, liquidity will become fragmented. Funds on one chain cannot interact with applications on another chain.
Kaspa’s solution through VProgs
VProgs introduces two structural features:
1. Unified sequence
Because L1 orders everything, all applications share the same canonical ordering of transactions.
2. Synchronous composability
Different applications can interact within one atomic transaction.
This creates a single unified liquidity pool across the network, eliminating cross-chain friction.
Scalability flywheel
Sutton referenced concepts from random graph theory. If an operator generates ZK proofs infrequently, the dependencies become too large and the cost increases. If proofs are created frequently, the system remains efficient.
This encourages high-frequency proving, lowers rates, increases usage, and strengthens cycles.
Alignment with industry trends
Sutton noted that the design reflects the broader direction of the industry. At the same meetup, StarkWare’s Nico emphasized moving computation off-chain to simplify smart contracts. Kaspa’s VProgs follows this exact model by having L1 handle only sequencing and validation.
Navigate: The new open source as a browser
Kaspa developer @gptcrypto89 It’s running in a Web3 browser called navigatebuilt specifically for the Kaspa ecosystem.
Browsers include:
- Multi-wallet support
- On-chain DNS for KNS domains
- Built-in AI assistant
- On-chain chat
- Wallets and asset management tools
Navigate is designed as a local, open source Web3 client that facilitates access to Kaspa applications. The focus is on providing users with a complete toolset for working with Kaspa without relying on external corporate applications.
K Social: A fully decentralized social app that approaches mainnet
A new decentralized social platform called K social We are preparing for release on Kaspa mainnet. developer sheep cat We explained that the platform is completely local and uncensorable.
The app works like this:
- Local K-app (desktop, Android, or local web app)
- Local K-Indexer
- kaspa node running locally
All components can run locally, so no central entity can delete posts or restrict access. The team has already posted the first K Social content on mainnet ahead of its launch.
conclusion
Kaspa’s recent updates focus on a combination of infrastructure work, ecosystem tools, and technology research. EVM bridge increases cross-chain access. Wallet activity indicates dynamic supply movements. VProgs provides a clear path for verifiable calculations and synchronized liquidity. New applications such as Navigate and K Social extend the ease of use of your network. As these components continue to develop, Kaspa is building a broader environment based on efficient verification, user control, and open participation.
resource:
Kaspa X platform: https://x.com/kaspaunchained
Kaspa Report X platform: https://x.com/KaspaReport
Kaspa Daily X article about vProgs: https://x.com/DailyKaspa/status/1966149209968505132
vProgs Yellow Paper Draft v0.0.1: https://github.com/kaspanet/research/blob/main/vProgs/vProgs_ yellow_pa
