币界网报道:Kaspa (KAS) experienced a sharp 20% price drop in June, continuing its bearish trend amid broader market volatility. The cryptocurrency, which had shown resilience earlier in the year, struggled to maintain momentum as selling pressure intensified. Analysts attribute the decline to profit-taking by early investors and reduced trading volumes across decentralized exchanges. Despite the downturn, Kaspa's underlying technology—a proof-of-work blockchain optimized for speed and scalability—remains a focal point for long-term supporters. Market observers note that the project's development activity has stayed active, with recent upgrades aimed at improving network efficiency. However, the lack of major exchange listings and institutional interest has limited its price recovery. Traders are closely watching key support levels, with some anticipating further downside if Bitcoin's performance remains weak. The broader altcoin market has mirrored Kaspa's struggles, with many mid-cap tokens facing similar corrections in June.