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Project Overview
Kaspa is a decentralized and fully scalable Layer-1 based on the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel; instead, it allows them to coexist and orders them in consensus. The Kaspa blockchain is, in fact, a blockDAG.
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Multiple Meme projects in the Kasplex ecosystem have significantly surged
: Meme coins in the Kaspa L2 Kasplex ecosystem have seen a broad and significant surge, with several tokens reaching new market cap highs. According to KAS.FUN data, among the projects that have already graduated, Sompi's market cap is now reported at $25 million, boobot's market cap stands at $3.4 million, and JNSO's market cap is reported at $525,000.As previously reported, the Kasplex L2 network announced on April 17 that it has been integrated with Gate, opening a liquidity gateway from centralized exchanges.
Gate has now officially integrated with the Kasplex L2 network
Odaily News According to an official announcement, Gate has integrated with the Kasplex L2 network and enabled deposits and withdrawals for Kaspa (KAS) tokens on the Kasplex L2 network. Users can now withdraw KAS from the Kaspa L1 to Kasplex L2 wallets via Gate, significantly lowering the entry barrier and enhancing asset transfer efficiency and on-chain interaction experience.Kasplex is a Layer 2 network built on the Kaspa ecosystem, designed to improve smart contract compatibility and transaction processing efficiency, supporting a wider range of decentralized applications (dApps) to operate securely and efficiently within the Kaspa ecosystem. As an L2 network sequenced by Kaspa L1, Kasplex still uses KAS as its sole network token.