CSPR price jumps more than 130% ahead of Casper 2.0 upgrade

• Casper Network (CSPR) price is soaring ahead of the highly anticipated Casper 2.0 upgrade.
• CSPR’s trading volume has spiked 2,500%, with strong futures interest.
• Casper Network price recently broke out from a falling wedge, but RSI hints at a pullback.

CSPR price has soared 130% early Monday, hitting an intraday high of $0.027 on Crypto.com.

This remarkable rally has propelled the token to its highest level since December 9, 2024, marking a significant turnaround from its lowest point this year.

From its 2025 low, CSPR has now surged more than 180%, capturing the attention of investors and traders alike.

The token’s market capitalisation has climbed to approximately $215 million, while its 24-hour trading volume has exploded by nearly 2,500% from the previous day, reaching around $115 million.

Notably, this surge in trading activity underscores the growing interest in CSPR as it approaches a pivotal moment in its development.

Why is the Casper Network price rising?

The primary driver behind CSPR’s meteoric rise is the anticipation surrounding the upcoming Casper 2.0 upgrade, scheduled for May 6, 2025.

This upgrade promises to enhance the network’s speed, security, and overall developer experience, positioning it as a more attractive platform for enterprise and developer adoption.

In an April 22, 2025, post on X, the Casper team described the upgrade as “a leap forward for the Casper Network and a defining step toward bridging the real-world economy with Web3.”