The Starknet (STRK) token is showing steady gains and, at press time, is trading above $0.1705, up 11.00% over the past 24 hours. The price increase is linked to heightened on-chain activity, mainly driven by the launch of Bitcoin (BTC) staking. The BTCFi Season, which began on September 30, has supported positive momentum and strengthened investor confidence.
Last week, BTC staking was launched on the Starknet mainnet, bringing Bitcoin into the network’s consensus. STRK remains the dominant token — 75% (BTC share — 25%). Staking rewards are now split evenly — 25% of STRK emissions are directed to BTC staking participants.
Surge in wrapped BTC staking and Starknet network activity
BTC itself cannot be staked directly; however, wrapped tokens — WBTC, LBTC, tBTC, and SolvBTC — are supported. Each wrapped token has its own reward pool. According to Dune, the total amount of staked wrapped BTC is approximately $106.34 million.
The total Total Value Locked (TVL) on Starknet increased by 3.80% over the last 24 hours to $219.09 million. This reflects the aggregate value of digital assets deposited across the ecosystem and indicates growing user confidence and network scale.
DEX trading volumes on Starknet also remain elevated — over $30 million for two consecutive days. Stablecoin market value has climbed to a new all-time high of $120.45 million. These data points confirm improving liquidity and activity, reinforcing Starknet’s position within the blockchain ecosystem.
STRK shows bullish momentum amid resistance and rising retail interest
During the session, STRK traded between $0.1885–$0.1713. Exponential Moving Averages (EMA) show mixed signals: the 20-day EMA is $0.1439, the 50-day EMA is $0.1369, and the 200-day EMA acts as resistance at $0.1787.
Despite the resistance area, the MACD remains bullish: the MACD line (0.0098) is above the signal line (0.0047), and the histogram reads 0.0051, indicating growing buying pressure. A breakout above the 200-day EMA would confirm a sustained uptrend.
According to CoinGlass, STRK futures open interest hit a new record of $164.43 million versus $117.63 million on Monday. Rising open interest reflects an increase in long positions, signaling stronger optimism among traders.
The Market Value to Realized Value (MVRV) ratio for STRK, according to Santiment, is –16.96%, indicating the asset is undervalued relative to its average cost basis. Many holders are currently at a loss, which reduces selling pressure and supports price stability.
STRK growth outlook
Lower selling pressure and higher network activity create prerequisites for further token appreciation. At current levels, limited profit-taking may support STRK’s upward move, especially if key resistance levels are broken.
The addition of Bitcoin staking has been a significant catalyst for Starknet, boosting user engagement and investor confidence. From a technical standpoint — and given rising retail interest — STRK has the potential to continue advancing in the medium term.