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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 10
Current price $18.89
Change 24h 0.54%
Change 7d -2.74%
Market Cap $159 988 237
Available supply 8 470 098 KSM
Volume 24h $6 833 418
Updated Wednesday, September 27, 2023 6:00:04PM UTC
Nature Token
Mineable No
Discussion
WWW Website

Kusama price change 24 hours

Kusama Short Term Forecast

After Price Change
1 day $18.46 -2.30%

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, $
Sep 18 18.63 18.57 19.41 162 110 218
Sep 19 19.06 19.03 19.38 163 281 879
Sep 20 19.32 19.15 19.66 166 011 571
Sep 21 19.67 19.19 19.91 163 421 580
Sep 22 19.30 18.70 19.51 159 709 362
Sep 23 18.90 18.56 19.10 157 518 292
Sep 24 18.68 18.52 18.94 157 117 044
Sep 25 18.25 18.25 18.92 159 551 754
Sep 26 18.93 18.69 18.98 159 278 152
Sep 27 18.87 18.86 19.28 159 988 237

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 89.6% 4 $26 210.63 0.14% -3.74% $511 042 042 519 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 93.2% 6 $1 595.67 0.61% -2.12% $191 853 154 532 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $0.999302 -0.03% -0.08% $83 208 764 786 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 94% 4 $211.82 0% -1.92% $32 587 966 771 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 92% 8 $0.502536 -0.41% -3.20% $26 757 645 992 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000082 0% 0.01% $25 524 583 774 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 89.2% 16 $0.084835 1.21% 0.19% $8 625 708 807 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 91.2% 10 $0.243814 -0.40% -4.25% $8 564 830 439 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 94% 6 $0.060492 0.30% -3.04% $8 540 349 300 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 86.8% 23 $18.92 -1.40% -6.80% $7 810 238 767 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 84.4% 20 $0.085185 0.79% 0.50% $7 589 746 104 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 57.6% 86 $2.17 0.23% -11.19% $7 446 763 148 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 94.4% 1 $0.999141 -0.05% -0.07% $5 343 294 102 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 85.6% 16 $4.00 -0.11% -2.82% $4 915 661 831 DOT 7 days price change

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