Kaspa vs Ondo

General

Description

Kaspa Logo
Kaspa
 (KAS)

Kaspa is a cryptocurrency that uses the GhostDAG protocol instead of a traditional linear blockchain. Unlike classic blockchains, Kaspa does not discard concurrently mined blocks but processes them simultaneously in a BlockDAG network. This enables extremely fast transactions with minimal confirmation times, without compromising security or decentralization.

Kaspa overview
Ondo Logo
Ondo
 (ONDO)

Ondo Finance brings real-world assets (RWAs), such as government bonds and money market funds, onto the blockchain, making them tradable at any time and without the need for a bank account. The project collaborates with renowned financial institutions like BlackRock and is developing the Ondo Chain, a blockchain specifically tailored to regulatory and institutional requirements.

Ondo overview

Purpose and goals

Kaspa Logo
Kaspa
 (KAS)
  • Efficient transactions enabled by BlockDAG
  • High network security
  • Fair and decentralized mining
Ondo Logo
Ondo
 (ONDO)
  • Tokenization of real-world assets (RWA)
  • Bridge between TradFi and DeFi
  • Regulatory-compliant blockchain infrastructure

Price and market data

Price chart

Kaspa
 (KAS)

$0.0894

-7.39%
Ondo
 (ONDO)

$0.985

-6.49%
Market data
KaspaOndo
Market cap
$2.36B
$3.11B
Market share
0.058%
0.077%
Current price

$0.089

-$0.0025-2.85%

$0.99

-$0.027-2.71%
KAS converterONDO converter
All-time high
$0.21
Aug 01, 2024-57.00%
$2.14
Dec 16, 2024-54.07%
Crypto all-time highs
Cycle low
$0.054
+68.36%Apr 07, 2025
$0.63
+56.76%Jun 22, 2025
Prediction for 2025
Powered by AI
$0.23
+161.93%
$2.56
+160.20%
KAS predictionONDO prediction
Relative Strength Index
Neutral
BuySell
Neutral (47.17)
Neutral
BuySell
Neutral (52)
Price trend
Negative
(16/30 days)
Positive
(16/30 days)
Price performance
-46.73%
+37.46%
Price performance
-28.56%
-25.99%
Price performance
-5.08%
+0.12%
Price performance
-7.39%
-6.49%
Price performance
-2.85%
-2.71%
Price performance
-0.18%
-0.12%
Annual return
-22.47%
-27.76%
Annual return
-1.59%
+1,186.25%
Annual return
+2,322.97%
KAS returnsONDO returns
Total return
+44,718.75%
2022 – 2025
+350.67%
2024 – 2025
Average annual return
+1,077.53%
+579.24%
Transaction volume
$50.27M
24h
$169.52M
24h
Max supply
28.7B
10B
Circulating supply
26.36B
3.16B
Inflation
11.92%
Year
Year
Crypto inflation

On-chain data

Market data
KaspaOndo
Total Value Locked (TVL)
$1.36B
What is Total Value Locked?
Market cap/TVL (ratio)
2.28
Transactions (avg./day)
1,792
Active addresses (24h)

Our rating

Our rating
KaspaOndo
Our overall rating
Kaspa
Ondo
How we evaluate cryptocurrencies

Our individual ratings

Risk
Kaspa: 5 of 10
Risk (Kaspa)
Ondo: 6 of 10
Risk (Ondo)
Kaspa Logo
Ondo Logo
riskyless risky
Community
Kaspa: 5 of 10
Community (Kaspa)
Ondo: 5 of 10
Community (Ondo)
Kaspa Logo
Ondo Logo
smalllarge
Hype & momentum
Kaspa: 4 of 10
Hype & momentum (Kaspa)
Ondo: 7 of 10
Hype & momentum (Ondo)
Kaspa Logo
Ondo Logo
weakstrong
Active usage
Kaspa: 3 of 10
Active usage (Kaspa)
Ondo: 6 of 10
Active usage (Ondo)
Kaspa Logo
Ondo Logo
lowhigh
Network effect
Kaspa: 2 of 10
Network effect (Kaspa)
Ondo: 5 of 10
Network effect (Ondo)
Kaspa Logo
Ondo Logo
weakstrong
Decentralization
Kaspa: 6 of 10
Decentralization (Kaspa)
Ondo: 2 of 10
Decentralization (Ondo)
Kaspa Logo
Ondo Logo
centralizeddecentralized

Our opinion

Kaspa Logo
Kaspa
 (KAS)
Kaspa addresses one of the biggest challenges of traditional blockchains: scalability without compromising security or decentralization. Using the GhostDAG/PHANTOM protocol, all generated blocks are integrated—a key advantage over classic blockchains like Bitcoin and Ethereum, which discard many blocks. Extremely short block times and fast confirmations make Kaspa one of the most performant Proof-of-Work cryptocurrencies. Another benefit is the kHeavyHash algorithm, which makes mining more efficient and resource-friendly compared to classic PoW algorithms like SHA-256. However, PoW remains energy-intensive, potentially leading to regulatory challenges in the long term. Kaspa also faces challenges: it must compete with established networks like Bitcoin and Ethereum, which have strong network effects and developer communities. Additionally, Kaspa is still in an early ecosystem development stage—especially regarding smart contracts, DeFi, and real-world applications crucial for long-term adoption.
Kaspa overview
Ondo Logo
Ondo
 (ONDO)
Ondo Finance targets one of the fastest-growing markets in the crypto sector: the tokenization of real-world assets (RWA). This area has the potential to bring trillions of traditional financial assets onto the blockchain by providing institutional investors with compliant access to DeFi. The partnership with BlackRock and focus on liquid assets like government bonds build trust and may give Ondo a strategic advantage. However, the long-term adoption of the Ondo Chain remains uncertain. While it aims to address regulatory challenges, institutional players might still prefer centralized solutions tailored to their specific needs. Furthermore, close ties to traditional finance structures could limit Ondo’s flexibility in the decentralized finance space, making it less appealing to typical DeFi users. Ultimately, Ondo’s success will depend on its ability to balance regulatory compliance, liquidity, and decentralization effectively. If it can attract institutional capital without sacrificing openness to the crypto sector, Ondo Finance could become a leading platform for RWA tokenization. Conversely, regulatory uncertainties or weak network effects could slow its growth and allow competitors to outpace it.
Ondo overview

Details

Info
KaspaOndo
Founder
Yonatan Sompolinsky, Aviv Zohar, Guy Corem
Nathan Allman, Pinku Surana
Developer
Yonatan Sompolinsky, Michael Sutton, Shai Wyborski, Mike Zak, Elichai Turkel,Ori Newman, Anton Yemelyanov
Ondo Finance, Inc.
Published
2021
2021
Open source
Yes
No
Sector
Layer-1
Real World Assets
Key feature
Performance and Decentralization
Institutional Blockchain
Blockchain
Kaspa Blockchain
Ethereum Blockchain
Staking
No
Yes
Consensus mechanism
Proof of Work, GhostDAG
Proof of Stake
Energy consumption
Medium
Low
Transactions per second
400 TPS
Institutional investors
  • Pantera Capital
  • Coinbase Ventures
  • Tiger Global Management
  • Digital Currency Group
  • Shima Capital
  • CMS Holdings
  • etc.
Community
248,826 followers
338,804 followers
Website
kaspa.org
ondo.finance
Whitepaper
Whitepaper
Whitepaper
Kaspa vs Ondo

Kaspa or Ondo

Market data comparison of KAS versus ONDO

The current price of Kaspa is $0.089 and has decreased by in the last 24 hours. Ondo is currently trading at $0.99, with a drop of over the same period. Kaspa has a market cap of $2.36B and ranks 55th. Ondo follows with a market cap of $3.11B, ranking 48th — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Kaspa or Ondo?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Kaspa and Ondo. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Kaspa or Ondo, you can take a look at some additional market data to help with your decision:

Currently, Kaspa is about below it's all-time high of $0.21 reached on Aug 01, 2024.
In comparison, Ondo is down approximately from it's all-time high of $2.14 on Dec 16, 2024.
Kaspa currently has a 70.34% lower 24h transaction volume of $50.27M compared to Ondo with $169.52M.
Over the past year, Kaspa achieved a total return of , while Ondo returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Kaspa and Ondo. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Kaspa or Ondo?

Today, there are many reputable and secure exchanges that make it easy to invest in Kaspa and Ondo. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Kaspa and Ondo are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Kaspa and Ondo?

If you want to store cryptocurrencies like Kaspa or Ondo yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Kaspa, Ondo, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, Santiment, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-08-16T11:05:43.160321+00:00. Sources: CoinGecko, santiment.net, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a guarantee of future price developments or as an invitation to act. All visitors are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and may result in the total loss of your invested capital. Past performance is not indicative of future results. We do not assume any liability for the timeliness, accuracy, or completeness of the information provided, including third-party content. Some of the links on this website are affiliate links. If you purchase a product or service through one of these links, we may receive a commission — at no additional cost to you. All actions are taken at your own risk.