币界网报道：Kaspa has surpassed Litecoin in market capitalization, now ranking as the 21st largest cryptocurrency with a market cap of $2.5 billion, compared to Litecoin's $2.4 billion. The Kaspa network, which launched in November 2021, utilizes a proof-of-work mechanism with a blockDAG structure for faster transactions. Its native token KAS has surged over 25,000% since launch, recently trading around $0.11. While Litecoin remains a top payment-focused cryptocurrency, Kaspa's rapid growth highlights shifting investor interest towards newer blockchain architectures offering scalability improvements. Both networks continue to see active development, with Kaspa's team working on smart contract capabilities and Litecoin maintaining its position as one of the most established cryptocurrencies.