Starknet’s STRK token surged 31% in 24 hours, flipping the $0.04 resistance level to reach a four-month high of $0.046—a price point not seen since May 2026—as the broader altcoin market undergoes a trend reversal following a period of prolonged weakness.
Starknet’s native token, STRK, successfully held the $0.03 support level before staging an aggressive rally that pushed the asset to $0.046, according to market data. At press time, STRK was trading at $0.040, having gained 31% on daily charts.
Trading volume for the altcoin saw a record-breaking jump, surging by 718% to hint at significantly greater market participation. Data from Coinank revealed that Daily Turnover had jumped to a yearly high of $6.6 million, indicating that the market activity was mostly on the buy side.
As the market rebounded, Starknet investors returned with strength. On 18th September, the protocol’s capital inflows climbed to $61.7 million, a level not seen since November 2025 when STRK was on a strong upside run while trading around $0.28.
Open market demand also reflected this shift, with the altcoin’s Spot Netflows remaining negative over the past four days. On 19th September, Netflows dropped to -$1.34 million for the first time since April, marking a period when Starknet historically performed well on the price charts.
Despite growing market optimism, some on-chain monitors have raised concerns over team-linked wallet dumping. According to recent analysis, team-linked wallets received 17 million STRK and began depositing the tokens into exchanges over the past month, a pattern that has historically preceded supply increases and market weakness.
Additionally, new supply is anticipated to hit the market, with analysts noting that 175 million tokens will likely increase new supply. This could result in a fight between renewed demand and fresh supply.
At press time, STRK‘s price was sitting above its short-term and long-term moving averages, with the Relative Strength Index (RSI) deep in the bullish zone at around 66. These indicators hinted at the likelihood of a trend continuation. If demand holds, STRK will target a reclaim of $0.046 and a flip of $0.05. For this outlook to hold, STRK must close above $0.041; failure to do so could see the altcoin revisit $0.03 support.
