Kusama (KSM) is the native token of the Kusama network, defined as the ‘wild cousin’ of Polkadot, one of the most innovative blockchains. Built on Substrate, the same core technology as Polkadot, Kusama connects different blockchains to form a scalable and secure multichain network. It differs in its bold and experimental approach, offering a space for the rapid testing of new features without lengthy verification processes. Kusama acts as a ‘canary network’ for innovations
aimed at Polkadot.
Table of Contents:
Kusama Foundation
Launched in 2019, Kusama’s vision comes from Gavin Wood, founder of Polkadot and co-founder of Ethereum. Kusama aims to provide an open and inclusive space for blockchain development, benefiting from the support of the Web3 Foundation
.
Kusama Price Outlook
When will it reach 1 dollar?
With a current value of around 40 dollars, reaching 1 dollar would require a loss of 97.5% of its value, an extremely unlikely event. Kusama maintains high demand as an experimental and interoperable platform
.
When will it reach 10 dollars?
A more realistic goal, requiring a 75% decrease in its current value. Pessimistic forecasts indicate the possibility of this scenario by 2024 or 2025, even if they remain speculative
and uncertain56.
When will it reach 100 dollars?
To reach 100 dollars, Kusama would have to increase its value by 150%. Optimistic forecasts indicate this possibility by 2024 or 2025, but they remain subject to speculation
and uncertainties56.
When will it reach 1000 dollars?
A very ambitious goal, requiring a 25-fold increase in value compared to the current price, with forecasts currently devoid of realism56.
Valuation as an Investment
Considering Kusama as a good investment requires a thorough evaluation, considering various factors such as supply and demand, market conditions, and other elements that influence the cryptocurrency industry. Before investing, careful research and expert consultation are essential
.
Kusama Price Forecasts from 2024 to 2030
Based on online data, the table below summarizes Kusama’s price forecasts according to different sources. Please note that these estimates are indicative and may vary from real market trends
.
| Anno | Minimum Forecast | Average Forecast | Maximum Forecast |
|---|---|---|---|
| 2024 | $15,235 | $18,766 | $22,294 |
| 2025 | $16,655 | $20,816 | $24,974 |
| 2026 | $18,075 | $22,866 | $27,654 |
| 2027 | $19,495 | $24,916 | $30,334 |
| 2028 | $20,915 | $26,966 | $33,014 |
| 2029 | $22,335 | $29,016 | $35,694 |
| 2030 | $23,755 | $31,066 | $38,374 |
