Kaspa Founder at Oxford Union: Crypto Is Not a Financial Tool, KAS Price Stalls

Kaspa founder Yonatan Sompolinsky delivered an address at the Oxford Union. He did not talk about price. He did not shill a token. Instead, he argued that crypto is not a financial tool but institutional infrastructure for the internet.

The core argument is simple. The internet is the world's largest democracy but has no real institutions. People can communicate freely and transact globally, but those transactions still rely on external institutions – banks, courts, governments – to enforce them. That is a coordination failure.

Drawing on Tocqueville's observation that democratic societies form broader but shallower human bonds, Sompolinsky said the internet amplified this problem. It connects billions of people while stripping away meaningful commitment between them.

His solution is not altruism or central control. He calls it coordination markets – designing systems where self-interested participants naturally reach cooperative outcomes through well‑designed mechanisms. That, he argues, is what crypto can actually deliver: native internet institutions for commitment and coordination without trusting a central party.

The scalability problem is where Kaspa enters. Most blockchains are too slow and expensive to serve as a real coordination layer for the internet. Kaspa's GHOSTDAG consensus protocol processes blocks in parallel through a BlockDAG structure. That enables high throughput while maintaining security and decentralization.

The broader message was : the real promise of crypto is not financial speculation. It is fixing the deepest coordination failures of digital society.

Yonatan's full speech is available here:

KAS Price Outlook – The Chart Says Something Else

While Sompolinsky spoke at Oxford, the KAS price chart told a different story. Kaspa trades at $0.0322 as of April 9, 2026. That is up 0.87% on the day, but the bigger picture is brutal.

The 4‑hour chart on MEXC shows a clear downtrend that started in late 2025. KAS peaked near $0.10 in October 2025. Since then, price has made lower highs and lower lows. The current price of $0.032 is 70% below that peak.

The 200‑day moving average sits at $0.0456. KAS has traded below this level for weeks. That is a classic bearish signal. As long as price stays under the 200‑day MA, the trend remains down.

Source: TradingView

The RSI (14) sits at 53.95. That is neutral, not oversold. No panic selling, but also no bullish momentum. The RSI has been bouncing between 40 and 60 for months. That tells you the market is indecisive.

Support sits at $0.030. That level held in late March. A break below $0.030 opens the door to $0.025, the February low. Resistance sits at $0.040. Above that, $0.045 – the 200‑day MA – is the real ceiling.

Volume is low. The speech at Oxford generated no pump in trading activity. The market is ignoring the philosophical argument and focusing on the downtrend.

Read also: Ripple Could Become a Federally Regulated US Trust Bank Within 12 Months - XRP's Institutional Path Clears

The disconnect between vision and price

Sompolinsky is thinking in decades. The market is thinking in hours. His Oxford Union address is a long‑term credibility play. It positions Kaspa as a serious project with a serious founder. But that does not move price today.

For KAS to reverse the downtrend, three things need to happen. First, a break above $0.040. Second, a close above the 200‑day MA at $0.045. Third, a catalyst that brings new buyers – an exchange listing, a major partnership, or a broader altcoin rally.

Without those, the KAS price will likely trade between $0.030 and $0.040 for weeks. The Oxford speech was important for the project's story. It was not important for the chart.