Kusama KSM

Kusama's price today is $3.37, with a 24-hour trading volume of $2,332,053. KSM is up 5.35% in the last 24 hours and ranks #366 by market cap.

Kusama is a blockchain platform that helps developers that want to deploy a project on Polkadot and need an environment to test out their project before it goes live on Polkadot. It is very similar to Polkadot but is intended to be used as a development tool.

In a sense, Kusama is like a 'sandbox' where projects that would operate on Polkadot can be tested, and improvements can be made before being used by a much wider audience.

Kusama is currently the premier testing environment for Polkadot projects. In fact, it is used to test official Polkadot upgrades before they are deployed on the Polkadot platform. Anyone who develops projects for Polkadot can use Kusama, which is directly modeled on Polkadot's architecture.

As mentioned above, the value of Kusama is its similarity to Polkadot and its ability to allow Polkadot developers to test their projects in a lighter environment before they are deployed on Polkadot.

We've also written an extensive explanation of the Kusama blockchain's functionality and usefulness, as well as how it works. 

What is Kusama's all-time high (ATH)?

On May 17th, 2021, Kusama hit a historic high of $621.71, 5 years ago.

What is Kusama's all-time low (ATL)?

On January 14th, 2020, Kusama bottomed out at $0.8765720000, 6 years ago.