Spark (SPK) is the governance and staking token of the Spark Protocol, a DeFi capital allocator that optimizes stablecoin liquidity across DeFi, CeFi, and real‑world asset channels.
SPK’s utility centers on governance, staking rewards, and protocol participation, with a fixed 10 billion max supply and gradual emissions to support long‑term ecosystem alignment.
The price currently trades around ~$0.0187–$0.0236 USD, far below its all‑time high near $0.1845 in mid‑2025, reflecting a deep correction after the initial airdrop and market shifts.
Recent protocol developments — such as raised savings limits and efficiency‑focused governance proposals — could support future demand if enacted and adopted.
Technical price action shows consolidation near key support levels, indicating indecision amid broader crypto volatility; stronger volume would be needed for a clear breakout.
SPK remains speculative and sentiment‑driven, with its price closely tied to DeFi activity, exchange liquidity, and macro crypto trends.
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