STRK Rebounds as Network Activity Cools and Unlock Looms

Starknet’s STRK has surged about 210% in four weeks, but fading network activity and fresh token supply are clouding the rally. STRK climbed 122% from October 8 to October 11, reaching $0.1232 as social sentiment and usage rose. Active addresses peaked at 2,823 and 1,166 new wallets joined—about 13 times the recent average. By October 13, active addresses had fallen 63% and new wallets 81%, while STRK had lost nearly 30% from its peak. On October 15, STRK rebounded nearly 25% from a low of $0.0718 to around $0.096, although it remained about 22% lower for the week. The move followed a seven-day, nonbinding governance poll on whether to research an independent, quantum-resistant Layer 1. A yes vote would authorize research only; Starknet has not confirmed a move away from its Ethereum Layer 2 model. If the proposal is rejected, its post-quantum work would continue as an Ethereum Layer 2. About 127 million STRK—nearly 1.7% of circulating supply and worth roughly $12.2 million at the reported price—unlocked on October 15. Monthly releases of up to 127 million tokens to investors and early contributors are scheduled through March 2027. The top 10 holders’ combined balance rose to about 7.09 billion STRK, its highest level since April, which may offer some support. For traders, resistance is near $0.0977 and $0.10; a sustained break could bring $0.1221 into view. Support sits around $0.0732, with the recent low at $0.0718. Liquidation concentrations are clustered near $0.065–$0.070 below price and $0.094–$0.10 overhead. Weekly MACD remained positive, while Stochastic RSI above 90 signalled stretched momentum. STRK’s rebound therefore faces cooling activity, recurring supply and governance uncertainty.