Starknet (STRK) is currently trading at $0.1285, below its MA-20 at $0.1666, MA-50 at $0.1396, and MA-200 at $0.1339, which highlights continued pressure from sellers in the short, medium, and longer term.
Highlights
- Anchorage Digital now offers staking for STRK and BTC, providing institutions secure custody and encouraging increased institutional participation in the Starknet network.
- Within a year, STRK staking captured 20% of its circulating supply, surpassing Ethereum's comparable milestone, with over 1 billion STRK and 1,700 BTC staked, valued at $300 million.
- Starknet advanced interoperability and privacy through the S-two prover launch and integrated Near Intents to enable seamless cross-chain asset swaps.
Institutional staking surges as new integrations boost Starknet engagement
Starknet has seen developments such as the launch of the S-two prover and enhancements in interoperability and privacy features. Anchorage Digital now supports staking for both STRK and BTC, giving institutions a secure custody option and driving greater institutional engagement in the network. STRK staking reached 20% of its circulating supply within a year, outpacing Ethereum’s similar milestone, and currently exceeds 1 billion STRK and 1,700 BTC with an estimated $300 million staked. The integration of Near Intents further enables seamless asset swaps across chains within Starknet.
Rapid rebound clashes with bearish momentum and mixed technical signals
According to Ichimoku, the next dynamic resistance remains near $0.1917, while the region of $0.1179 offers short-term support based on the HMA value. Momentum signals are mixed on the daily chart: the MACD stays in negative territory, suggesting persistent bearish momentum, but ADX above 25 points to strengthening trend intensity. Daily oscillators like RSI, Stoch RSI, and CCI all indicate oversold conditions, hinting at potential relief in selling pressure, while BBP stays negative, signaling sellers still dominate intraday dynamics. The Awesome Oscillator aligns with downside sentiment, and today’s price action shows a strong 10.3% rebound with a minor opening gap up, pushing price near the upper end of today’s range amid high volatility and a firm tone through the session. The momentum picture diverges, as fierce intraday recovery contrasts with prevailing bearish signals on most oscillators.
Previously it was reported that Starknet continued to experience heightened bearish momentum, with the price trending well below major moving averages and most technical indicators — including the RSI, Stoch RSI, and Awesome Oscillator — reinforcing persistent downward pressure. The MACD presented a neutral signal, but volatility remained elevated as the market watched immediate support levels and Ichimoku’s Kijun resistance while ongoing downward trend was confirmed by several oscillators.
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