Two days ago, volume was $243M, then $422M, and today it’s $590M—almost like shifting up through the gears. $STRK has tripled from the bottom in 30 days, putting its market cap in the top 100. But the trading is no longer really being driven by retail sentiment; someone is clearly moving liquidity onto this chain.
What interests me more is where this rally began: on September 19, daily volume suddenly surged tenfold, and when the price pulled back afterward, it didn’t fall back to where it started. This isn’t a typical one-day pump. Buyers absorbed the selling pressure after testing the waters, and funds changed hands around $0.04. At the current level of $0.104, there’s a high-volume trading zone from two months ago above, and a newly formed support base of accumulated tokens below.
The -97.66% from the ATH isn’t relevant here. For a coin coming out of a four-year bear market, the first volume-driven rally is often not the reversal itself, but funds laying the groundwork for what comes next: a Restaking liquidity narrative, governance-related expectations, or simply waiting for a higher price at which to sell. It’s still too early to tell.
The real risk is whether volume at this level can be sustained. If $590M was just a one-day spike, the most likely path from here is a wide consolidation. If volume continues to hold up, $0.12–$0.15 will be the next zone to watch closely. I’d like to add one more clue here: which addresses are currently accumulating large amounts of $STRK on-chain, or which market maker was involved in this rally? Do you have any information on the flow of funds?
What interests me more is where this rally began: on September 19, daily volume suddenly surged tenfold, and when the price pulled back afterward, it didn’t fall back to where it started. This isn’t a typical one-day pump. Buyers absorbed the selling pressure after testing the waters, and funds changed hands around $0.04. At the current level of $0.104, there’s a high-volume trading zone from two months ago above, and a newly formed support base of accumulated tokens below.
The -97.66% from the ATH isn’t relevant here. For a coin coming out of a four-year bear market, the first volume-driven rally is often not the reversal itself, but funds laying the groundwork for what comes next: a Restaking liquidity narrative, governance-related expectations, or simply waiting for a higher price at which to sell. It’s still too early to tell.
The real risk is whether volume at this level can be sustained. If $590M was just a one-day spike, the most likely path from here is a wide consolidation. If volume continues to hold up, $0.12–$0.15 will be the next zone to watch closely. I’d like to add one more clue here: which addresses are currently accumulating large amounts of $STRK on-chain, or which market maker was involved in this rally? Do you have any information on the flow of funds?