Starknet (STRK) is a prominent layer-2 scaling solution for Ethereum, designed to enhance transaction speed and reduce costs through zero-knowledge rollup technology. Its native token, STRK, is used for paying transaction fees, staking, and participating in network governance. Understanding its market performance is essential for both traders and long-term investors.
Starknet (STRK) Price Overview
Live data indicates that Starknet (STRK) is currently priced at $0.1135**, with a 24-hour trading volume of **$23.18 million. The token has experienced a slight decrease of 0.26% over the past day. At the time of writing, STRK is trading between a 24-hour low of $0.1095** and a high of **$0.1164.
Key Market Metrics
- Market Capitalization: $408.09 million
- Circulating Supply: 3,594,239,418 STRK
- Max Supply: 10,000,000,000 STRK
- All-Time High: $4.00 (recorded on February 20, 2024)
Detailed Price Performance
A closer look at Starknet's price movements reveals key trends and potential support levels.
Short-Term Performance
- Price Change (1H): -0.42%
- Price Change (24H): -0.26%
- Price Change (7D): -0.41%
Medium to Long-Term Trends
- Price Change (30D): -18.9%
- 90-Day High: $0.1862
- 90-Day Low: $0.1016
The data shows a period of consolidation after a significant correction from its all-time high, with the price finding a temporary range between approximately $0.10 and $0.12.
Historical Price Data
Analyzing historical price action helps identify patterns and market sentiment. The following table summarizes recent daily performance:
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 01 Jul 25 | $0.1168 | $0.1174 | $0.1089 | $0.1095 | 21,368,283 |
| 30 Jun 25 | $0.1231 | $0.1236 | $0.1158 | $0.1168 | 23,122,795 |
| 29 Jun 25 | $0.1142 | $0.1246 | $0.1125 | $0.1230 | 21,199,107 |
| 28 Jun 25 | $0.1103 | $0.1155 | $0.1087 | $0.1142 | 12,224,118 |
This data indicates fluctuating volumes and price ranges, typical of an asset establishing a new baseline after a major price discovery event.
Global STRK Conversion Rates
For international traders, understanding the local currency value is crucial. Here are the current conversions for 1 STRK:
- 1 STRK to USD: $0.1135
- 1 STRK to EUR: €0.0962
- 1 STRK to GBP: £0.0826
- 1 STRK to INR: ₹9.71
- 1 STRK to CNY: ¥0.8127
- 1 STRK to JPY: ¥16.28
These rates are updated in real-time based on the global average market price.
Factors Influencing Starknet's Price
Several fundamental and technical factors can impact STRK's valuation:
- Ethereum Network Activity: As a layer-2 for Ethereum, high gas fees on the mainnet often drive users to scaling solutions like Starknet, potentially increasing demand for STRK.
- Ecosystem Growth: The number of decentralized applications (dApps) built on Starknet and the Total Value Locked (TVL) in its ecosystem are key growth indicators.
- Market Sentiment: Broader cryptocurrency market trends heavily influence altcoins like STRK. Bullish Bitcoin and Ethereum momentum often trickle down to layer-2 tokens.
- Staking and Governance: Utility in network security and decision-making can create long-term holding incentives, reducing circulating supply.
For those looking to dive deeper into on-chain metrics and advanced charting tools, you can explore more strategies for comprehensive market analysis.
Frequently Asked Questions
What is Starknet (STRK) used for?
STRK is the native utility token of the Starknet network. Its primary uses include paying for transaction fees (gas), staking to secure the network, and participating in the governance process by voting on proposals that shape the protocol's future.
How does Starknet's technology work?
Starknet utilizes zero-knowledge rollup (ZK-rollup) technology. It batches thousands of transactions off-chain, generates a cryptographic proof (a STARK proof), and posts this single proof to the Ethereum mainnet. This drastically reduces costs and increases throughput while maintaining Ethereum's security.
What is the total supply of STRK tokens?
The maximum supply of STRK tokens is capped at 10 billion. The current circulating supply is approximately 3.59 billion tokens. The remaining tokens are typically allocated for ecosystem funding, grants, and developer rewards, released according to a public vesting schedule.
Where can I securely store my STRK tokens?
STRK is an ERC-20 token, so it can be stored in any wallet that supports the Ethereum standard. This includes hardware wallets (e.g., Ledger, Trezor) for maximum security, as well as software and mobile wallets (e.g., MetaMask, Argent). Always ensure you are using official wallet sources.
Why is the current price far below its all-time high?
STRK's current price is down significantly from its all-time high due to a combination of factors, including general market corrections, token unlock events increasing circulating supply, and the typical volatility seen in newer crypto assets as the market finds a sustainable valuation.
How can I start building on the Starknet network?
Developers can start building scalable dApps on Starknet using its native Cairo programming language. The ecosystem offers extensive documentation, developer tools, and grants to support new projects. To view real-time tools and developer resources, many platforms provide integrated environments for prototyping.