STRK billion-dollar market cap, but spot trading volume is only a few million? The awkward truth behind STRK’s rebound against the trend.
STRK moves above 0.0528U, up 20.82%. While the overall market is falling hard, it’s drifting in green—seemingly strong, but actually it’s the “old L2” that’s been down for a long time, being swept up by momentum traders. Today, Starknet mainnet has no upgrades or deployments. Its market cap exceeds $1 billion, yet the 24-hour spot trading volume is only one or a couple of million dollars—pushing gains mainly through perpetual contracts. Just after clearing the 0.05 psychological level, if spot volume can’t keep up, this step won’t hold at all and it could drop back at any moment.
$STRK