Ethereum Layer 2 community Starknet’s STRK token is surging as we speak amid broader crypto market outflows forward of the STRK Investor and Staff Unlock scheduled to start in three weeks.
STRK has been underperforming because the Token Era Occasion (TGE) in February 2024, when STRK opened at round $2. STRK is presently buying and selling at $0.17, down greater than 96% from its preliminary worth, and has a market cap of $770 million.
The token has had a robust month after being comparatively flat in 2025, rising 40% up to now 30 days and 26% as we speak, regardless of 127 million STRK being unlocked within the coming hours.
STRK Chart – CoinGecko
With 127 million STRK (value $21.5 million at present costs) in circulation each month since April, the token remains to be up 16% since April 1st. Nevertheless, it’s value noting that the remainder of the cryptocurrency market was down considerably on the time, with BTC buying and selling at $85,000 on the identical day.
Starknet continues to succeed in new staking milestones as provide will increase. As we speak, the chain introduced that the community has reached 900 million staked STRK, value greater than $150 million, accounting for roughly 20% of the circulating provide.
STRK’s sturdy worth motion comes as privateness tokens reminiscent of Zcash (ZEC) and Monero (XMR) have outperformed different markets, with Starknet co-founder Eli Ben-Sasson greatest identified for his function in launching ZEC.
Key metrics on the chain have additionally recovered within the fourth quarter, because the token worth has efficiently averted periodic unlocks. Starknet is the sixth largest firm by Layer 2 secured worth, in accordance with L2Beat, with Complete Worth Locked (TVL) up 200% from July’s native low.
This development is primarily pushed by the prolonged perpetual futures DEX, which accounts for simply over 40% of Starknet’s TVL. Prolonged’s TVL almost doubled in October, growing from $55 million originally of the month to $96 million on the finish of the month. This will have been pushed by the Perp DEX airdrop farming mania that began in September.
