Starknet Price Rebounds 25% as STRK Tests $0.10

Starknet (STRK) rose nearly 25% on Oct. 15 to about $0.096 after dipping to $0.0718, but remained roughly 22% lower for the week. The rebound followed the opening of a seven-day, nonbinding governance poll on whether to research an independent, quantum-resistant layer-1 network. A “yes” vote would authorize further research, not a move away from Ethereum. If the proposal is rejected, Starknet would continue its post-quantum work as an Ethereum layer-2. For traders, $0.0977 and the $0.10 level are immediate resistance. A sustained break could put $0.1221 in view; support is around $0.0732, with the recent low at $0.0718. Liquidation concentrations sit below price near $0.065–$0.070 and overhead around $0.094–$0.10. Up to 127 million STRK allocated to investors and early contributors are scheduled to unlock monthly through March 2027; the Oct. 15 tranche was worth about $12.2 million at the reported price. Weekly MACD remained positive despite the decline, while Stochastic RSI readings above 90 indicated stretched momentum. The sharp STRK price recovery therefore faces resistance, token-supply risks and uncertainty over the research proposal’s outcome.
Neutral
The news has mixed implications for STRK, supporting a neutral market view. The nearly 25% daily rebound and the poll’s reported strong early support may attract short-term buyers. However, the vote is nonbinding and concerns research only; it does not approve an independent network or establish a transition timeline. The immediate technical picture is also contested: STRK was still down about 22% for the week and was trading just below resistance near $0.0977 and $0.10. A sustained break could encourage momentum buying toward $0.1221, while failure could bring support near $0.0732 and the $0.0718 low back into focus. Indicators offer no decisive confirmation. Weekly MACD remained positive, but Stochastic RSI readings above 90 suggest momentum may be stretched. Liquidation concentrations on both sides could amplify volatility if price approaches those levels. In addition, scheduled monthly unlocks of up to 127 million STRK through March 2027 may create recurring supply concerns; the Oct. 15 tranche was valued at about $12.2 million at the quoted price, though an unlock does not necessarily mean immediate selling. As in past crypto rallies driven by governance headlines, initial speculation can fade when the news is only a proposal or research stage. In the short term, traders may react to the poll, resistance levels and liquidation zones. Longer term, a credible research process could influence views on Starknet’s quantum-security strategy and dependence on Ethereum, but the eventual technical and governance decisions—not this preliminary poll alone—are more likely to determine lasting market effects.