Bitcoin
BTC$51 321.39

-1.01%

Ethereum
ETH$2 970.08

-0.04%

Tether
USDT$0.999407

-0.07%

Binance Coin
BNB$381.98

0.94%

Solana
SOL$101.64

-3.39%

XRP
XRP$0.540875

-1.48%

Kusama (KSM) Price, Market Cap and Information


Kusama (KSM) Buy Kusama Now
Kusama (KSM) Kusama is an early, unaudited, and unrefined release of Polkadot. Kusama aims to serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance.
CVIX 63
Current price $45.65
Change 24h -0.30%
Change 7d 0.86%
Market Cap $386 696 345
Available supply 8 470 098 KSM
Volume 24h $19 127 833
Updated Friday, February 23, 2024 12:00:09AM UTC
Nature Token
Mineable No
Discussion
WWW Website

Kusama price change 24 hours

Kusama Short Term Forecast

After Price Change
1 day $48.15 3.08%

Kusama Price Predictions

Kusama General Information

General KSM facts, technical details and Kusama Cryptocurrency information

Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product. Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Who Are the Founders of Kusama?

Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum. Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.

In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help "nurture and steward technologies and applications in the fields of decentralised web software protocols." The Web3 foundation also supports Kusama with research and community development thanks to its growth team.

What Makes Kusama Unique?

Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development. It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.

This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.

Like Polkadot, Kusama features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on Kusama. The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.

Kusama Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Feb 14 43.70 43.25 45.41 383 902 789
Feb 15 45.28 44.89 46.62 380 259 877
Feb 16 45.26 44.38 46.31 379 697 349
Feb 17 45.48 42.49 45.50 375 633 683
Feb 18 44.36 43.88 45.65 386 687 024
Feb 19 45.38 45.38 49.18 407 089 213
Feb 20 47.67 44.64 47.81 395 772 147
Feb 21 46.66 43.76 46.70 386 087 947
Feb 22 45.79 44.77 47.47 395 681 154
Feb 23 45.65 45.65 45.65 386 696 345

KSM/USD Price Charts

KSM to USD price chart – 7 days
KSM to USD price chart – 30 days
KSM to USD price chart – 60 days
KSM to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the Kusama information, KSM Prices and KSM's Market Cap. For the most up-to-date prices please visit the Kusama's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 61.6% 77 $51 321.39 -1.01% -1.18% $1 007 692 041 556 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 66.8% 72 $2 970.08 -0.04% 5.19% $356 888 554 759 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $0.999407 -0.07% -0.15% $97 783 839 269 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 57 $381.98 0.94% 7.61% $57 122 110 921 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 70.4% 53 $101.64 -3.39% -10.60% $44 820 445 776 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 86.4% 21 $0.540875 -1.48% -3.87% $29 509 391 184 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000078 0.01% 0.01% $27 984 520 970 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 69.2% 63 $0.586269 -2.03% -3.60% $20 791 742 444 ADA 7 days price change
9 Avalanche (AVAX) AVAX Avalanche predictions 66.8% 61 $36.78 -2.34% -11.59% $13 873 006 300 AVAX 7 days price change
10 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 74.4% 56 $0.139158 -0.09% 6.33% $12 248 949 216 WTRX 7 days price change
11 TRON (TRX) TRX TRON predictions 70.8% 57 $0.138928 -0.56% 5.92% $12 228 675 321 TRX 7 days price change
12 Dogecoin (DOGE) DOGE Dogecoin predictions 90% 14 $0.084094 -0.63% -1.49% $12 040 838 074 DOGE 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 69.2% 68 $18.12 -2.55% -9.17% $10 638 341 760 LINK 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 95.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 73.6% 47 $7.49 0.22% -3.63% $9 603 442 412 DOT 7 days price change

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