Kusama (KSM) price underwent a strong 70% breakout on Feb.15 as excitement continues to build for the Kusama and Polkadot (DOT) ecosystems ahead of the upcoming parachain auctions.
Kasuma price soars 70%
KSM/USDT 4-hour chart. Source: TradingView
Kusama is an experimental, interoperable blockchain platform that is often referred to as a “Polkadot’s wild cousin” due to having a similar codebase. The protocol is built on Substrate, the developer kit/framework for the Polkadot blockchain, and designed to be an interoperable and scalable framework for developers.
Projects that eventually want to launch on Polkadot have the opportunity to launch on Kusama first to test how their protocol will operate in the wild and to access features that are not available yet on Polkadot.
Social media activity, market sentiment rise for