STRK jumps 48% weekly and tests $0.05 support

3 min

Starknet’s STRK trades near $0.0576, up 8.7% over 24 hours. It briefly reached $0.0607, the highest since May, after a clean breakout above $0.05. The immediate test: buyers must defend $0.05 to keep momentum. STRK has gained about 48% in seven days and nearly doubled over the past month, yet it remains 62% lower than a year ago.

Price, Levels, and Momentum

STRKUSDT Chart 1D TradingView

Resistance: $0.065, the May high
Support: $0.05, then $0.041 and $0.037
Bull case: holding above $0.05 and breaking $0.065 would set the highest level since February and confirm the breakout
Bear case: a decisive drop below $0.05 would shift focus back to the $0.041 consolidation zone

Daily momentum: MACD line at 0.0057 above the signal line at 0.0042 with a positive histogram. Weekly momentum: RSI turning higher after extended bullish divergence.

Liquidity and Market Metrics

Trading activity has increased: daily volume near $155 million and market cap about $428 million, placing STRK back among the top 100 tokens.

🔥 $STRK is finally getting a second narrative that actually changes demand.

The first one was simple:
Starknet = Ethereum ZK L2 & the market stopped caring.

The new thesis is Bitcoin + privacy, and this one has a clearer connection to the token. That’s very important for… https://t.co/SpNhwQ03o6 pic.twitter.com/2KIQJv58xP

— Karamata_ 💎 (@Karamata2_2) October 5, 2026

Flows, Derivatives, and Reported Buying

bought $740k of starknet this week (yes, seriously).

here's the thinking, and i'll say up front that this is one of the grossest charts i've ever seen and makes me want to throw up.

it's down about 99% from the launch highs and it's been down only for 2.5 years. i'd guess 99… pic.twitter.com/J2Pr3NQMzg

— Pumponomics (@ThePumponomics) October 3, 2026

On-chain signals show accumulation without confirming broad demand: a wallet linked to Quanterty bought 17.4 million STRK worth about $767,000. Pumpnomics reported purchases totaling about $740,000 over the past week. STRK’s spot netflow on October 4 was negative $731,000, indicating more tokens left exchanges than arrived. Derivatives activity is rising: open interest up 4% to $86.5 million and derivatives volume up 76%. These figures show increased trading engagement but do not reveal positioning bias.

Network Activity and Supply

Starknet Fees & Market Cap Chainspect

Starknet generated $53,676 in weekly revenue, the first time above $50,000, signaling fee growth. Total value locked stands near $307 million. Privacy-focused DeFi activity includes a privacy pool, private swaps, and perpetuals. STRK is not a privacy coin; app traction does not guarantee lasting token demand. Circulating supply is about 7.42 billion of a 10 billion maximum, so future unlocks could add selling pressure.

Outlook

The setup depends on $0.05 support. Holding that level and clearing $0.065 would confirm the breakout and extend the recovery; losing $0.05 would shift attention back to $0.041 and $0.037.