# Starknet (STRK) News Today: Why STRK Is Up – 02 October 2026 **Author:** CoinStats AI **Published:** October 2, 2026 at 02:57 --- ## Coin Information - **Name:** Starknet (STRK) - **Current Price:** $0.04417642 - **24h Change:** +2.68% --- ## What is the latest Starknet (STRK) news today? > **TLDR** > • Starknet v0.14.4 mainnet upgrade is planned for 5 October 2026, supporting up to 1.1 billion Layer-2 gas. > • Starknet v0.14.0, named Grinta, went live on 1 September 2025, introducing a decentralized sequencer architecture. > • A scheduled unlock of 127M STRK, about 1.3% of total supply, is set for 15 October, with monthly unlocks through March 2027. > • STRK trades 99.01% below its all-time high of $4.41, with market cap at $324.82M and 24-hour volume at $45.36M. > • Transaction fees on Starknet are now paid exclusively in STRK, strengthening the token’s link to network activity. Starknet news today is centered on network development and token-supply considerations, although no major new announcement from the Starknet Foundation or StarkWare was identified in the available September 30–October 2 reporting window. STRK was trading at **$0.04376**, up **0.79% over 24 hours**, while registering gains of **1.90% over one hour**, **11.64% over seven days**, and **62.47% over 30 days**. Starknet’s market capitalization stood at **$324.82M**, ranking it **#204**, with **$45.36M** in 24-hour trading volume. Circulating supply was **7,421,949,506 STRK** against a total supply of **10,000,000,000 STRK**. ## Starknet news today: protocol upgrades remain the key catalyst The most notable near-term development highlighted in current coverage is the planned Starknet v0.14.4 mainnet upgrade, reportedly scheduled for October 5, 2026. The upgrade is expected to support substantially larger block-sized proofs, with reported capacity of up to 1.1 billion Layer-2 gas. If deployed as planned, the change could give developers more room to build computationally intensive applications and improve Starknet’s competitiveness among zero-knowledge rollups. The reported upgrade follows Starknet v0.14.0, known as Grinta, which went live on September 1, 2025. That release introduced a decentralized sequencer architecture and marked an important step in the network’s broader decentralization roadmap. Starknet documentation also states that transaction fees on the network are now paid exclusively in STRK, strengthening the token’s direct connection to network activity. No reliable evidence in the latest search results confirms that v0.14.4 has already gone live. The October 5 date should therefore be treated as a planned milestone rather than a completed deployment. ### Token unlocks remain a central market issue Supply pressure is another important theme for STRK holders. Current market coverage points to a scheduled unlock of **127M STRK** on October 15, representing approximately **1.3% of total supply**. The distribution is described as involving early contributors and investors, with monthly unlocks reportedly continuing through March 2027. The upcoming release could become a source of volatility, particularly after STRK’s strong recent performance. At its current price, the token remains **99.01% below its all-time high of $4.41**, underscoring both the scale of its long-term decline and the possibility that short-term rallies may continue to attract profit-taking. Starknet’s broader roadmap continues to emphasize Bitcoin-related decentralized finance, privacy tools, staking, and further decentralization of the sequencer and prover infrastructure. However, the available reporting does not establish a new partnership, governance vote, security incident, or product launch during the last 24–48 hours. The clearest confirmed near-term focus is therefore the planned protocol upgrade and the approaching October token unlock. **Sources:** - [STRK – Starknet Documentation](https://docs.starknet.io/learn/protocol/strk) - [Starknet Q3 Recap: BTCFi, Grinta & Growth](https://www.starknet.io/blog/how-starknets-q3-paved-the-way-for-bitcoin-decentralization-and-the-future-of-crypto) - [Starknet (STRK) Price Prediction For 2026 & Beyond](https://coinmarketcap.com/cmc-ai/starknet-token/price-prediction/) - [Starknet STRK Price – CoinGecko](https://www.coingecko.com/en/coins/starknet) ## Why is Starknet (STRK) price up today? > **TLDR** > • Starknet (STRK) traded at $0.04376, up 0.79% in 24 hours, with 62.47% gains over 30 days. > • STRK recorded $45.36M in 24-hour volume against a market capitalization of $324.82M. > • Circulating supply stood at 7,421,949,506 STRK versus a total supply of 10,000,000,000 STRK. > • STRK remained 99.01% below its all-time high of $4.41, indicating an incomplete long-term recovery. > • The token ranked #204 by market cap, with gains driven by sustained momentum and active turnover. Starknet (STRK) is trading at **$0.04376**, up **0.79% over the last 24 hours**. The move is part of a broader short-term recovery: STRK has gained **1.90% over the past hour**, **11.64% over seven days**, and **62.47% over 30 days**. This momentum helps explain **why is Starknet up today**, although the daily advance remains relatively modest compared with its recent monthly performance. ## Momentum and Trading Activity The strongest signal is the consistency of the gains across multiple time frames. Positive hourly performance indicates that buying pressure is still present in the immediate market, while the 7-day and 30-day returns show that STRK has been in a sustained rebound rather than experiencing an isolated one-day spike. Trading activity is substantial relative to the token’s current valuation. STRK recorded **$45.36M in 24-hour volume** against a market capitalization of **$324.82M**, equivalent to roughly 14% of its market cap changing hands during the period. That level of turnover can amplify price movements, especially when demand increases in a relatively smaller-cap asset. It also suggests that the current advance is supported by active market participation rather than occurring in an illiquid market. ## Market-Cap and Supply Context Starknet’s market cap places it at **rank #204**, leaving it more sensitive to shifts in speculative appetite than larger, more established cryptocurrencies. However, the available data confirms the current market-cap level rather than a specific 24-hour percentage change, so the day’s increase cannot be attributed to a quantified market-cap expansion. Supply dynamics remain relevant. Circulating supply stands at **7,421,949,506 STRK**, compared with a total supply of **10,000,000,000 STRK**. With a significant portion of the total supply already circulating, price performance is influenced primarily by demand and trading flows, while future supply distribution remains an important consideration for market participants. ## Technical Perspective The short-term trend is bullish based on price performance alone. Gains of **11.64% over seven days** and **62.47% over 30 days** indicate strong upward momentum, while the positive **1-hour change of 1.90%** suggests buyers remain active today. Nevertheless, STRK is still **99.01% below its all-time high of $4.41**, showing that the longer-term recovery remains incomplete and that the token is rebounding from deeply depressed levels. Overall, STRK’s rise today appears driven by sustained recovery momentum, active turnover, and renewed demand for a lower-cap crypto asset, rather than by a large standalone 24-hour breakout. ## What is the Starknet (STRK) market sentiment today? > **TLDR** > • Starknet sentiment is moderately bullish, driven by fundamentals and October outlook, not euphoric. > • Funding rate stands at 0.0041% per 8h, with open interest down 4.86% to $64.38M. > • Nostra oracle incident involved approximately $3.5 million borrowed after price manipulation. > • STRK posted 11.64% seven-day and 62.47% 30-day gains, with Fear & Greed Index at 71. > • Binance long/short ratio is 1.15, with 53.5% of accounts long and 46.5% short. Starknet market sentiment is **moderately bullish but not euphoric**, with improving momentum offset by cautious positioning, ecosystem-security concerns, and the token’s still-damaged long-term reputation. ## Social and community sentiment Recent X discussions show a constructive shift toward Starknet’s fundamentals and October outlook. Traders are highlighting support around the $0.038–$0.040 demand zone and potential upside targets near $0.05095, $0.05342, and $0.06297. Several analysts describe a possible continuation of the late-September rally, while others frame the move as a counter-trend recovery rather than a confirmed structural reversal. Community narratives have broadened beyond price speculation. Posts emphasize rising bridge activity, DEX volume, stablecoin adoption, and the emergence of BTCFi applications such as strkBTC and private liquid staking. The discussion remains relatively data-driven rather than viral: builders increasingly stress network utility over token performance, while traders focus on technical confirmation and risk management. The main negative theme is trust. Discussions continue to reference the Nostra oracle incident, in which approximately $3.5 million was reportedly borrowed after price manipulation, as well as broader concerns about low active-user levels and DeFi risk. This has produced a more selective form of optimism: confidence in Starknet’s technology and ecosystem growth is stronger than confidence in STRK’s immediate valuation. ## Trader positioning and market indicators Derivatives data points to a balanced market rather than crowded bullish exposure. The current funding rate is **0.0041% per 8h**, with a seven-day average of **0.0042%**. Positive funding in 19 of 21 periods indicates that longs have generally controlled the market, but the rate remains well below an overheated threshold. Open interest is **$64.38M**, down **4.86%** over seven days, suggesting that the recent advance has not been driven by aggressive new leverage. The Binance long/short ratio is **1.15**, with **53.5%** of accounts long and **46.5%** short—mildly long, but still within a balanced range. Liquidations have favored longs recently: **$69.12K** was liquidated over the latest 24-hour period, including **$54.65K** in long positions. This indicates short-term pullback risk and some leverage cleansing. Broader risk appetite remains supportive, with the Fear & Greed Index at **71 (Greed)**, although it has been stable rather than accelerating. ## Sentiment shift and outlook The shift from bearish exhaustion to cautious optimism has been supported by STRK’s **11.64%** seven-day and **62.47%** 30-day gains, stronger ecosystem narratives, and expectations for an altcoin recovery. However, stable open interest, neutral funding, and security concerns imply that sentiment is constructive—not yet a broad-based speculative frenzy. **Sources:** - [Finora_EN STRK technical analysis](https://x.com/Finora_EN/status/2105690448849220000) - [JundoHud Starknet fundamentals and risks](https://x.com/JundoHud/status/2105210784410415528) - [Starknet strkBTC and private staking](https://x.com/Starknet/status/2103553142235541743) - [Nostra oracle incident coverage](https://coinstats.app/news/f71bf22abfa998be4bf042d7a58c712e8aada0f1c6bca19676e1c46de5133bb8_Nostra-Finance-exploit-drains-35M-after-8000x-oracle-price-manipulation) ## What are the key Starknet (STRK) support and resistance levels today? > **TLDR** > • STRK trades at $0.04376 with gains of +1.90% over 1 hour, +0.79% over 24 hours, +11.64% over 7 days, and +62.47% over 30 days. > • Immediate support sits at $0.0430–$0.0438, with primary resistance at $0.0500 and major overhead resistance at $0.0600–$0.0650. > • STRK remains 99.01% below its $4.41 all-time high, confirming a deeply discounted long-term structure. > • Reported 24-hour volume is $45.36M against a $324.82M market capitalization. > • A daily close above $0.0500 would strengthen the continuation structure; rejection could retrace toward $0.0400. Starknet support and resistance levels today center on the **$0.04376** price area, with STRK showing positive momentum across every reported timeframe: **+1.90% over 1 hour, +0.79% over 24 hours, +11.64% over 7 days, and +62.47% over 30 days**. The broader structure is bullish in momentum terms, although the absence of a full OHLC chart prevents precise calculation of RSI, MACD, and moving-average readings. ## Key Levels - **Immediate support:** $0.0430–$0.0438 This is the current price zone and the first area where short-term buyers would need to defend momentum. - **Primary support:** $0.0400–$0.0410 A round-number psychological zone and potential pullback area following the recent advance. - **Deeper support:** $0.0350–$0.0370 A breakdown through $0.0400 would expose this region as the next important medium-term demand area. - **Immediate resistance:** $0.0450–$0.0460 The first upside hurdle above the current market price. - **Primary resistance:** $0.0500 This is the next major psychological level and would represent a notable continuation threshold. - **Major overhead resistance:** $0.0600–$0.0650 A sustained move above $0.0500 could shift attention toward this broader resistance band. ## Indicators and Chart Structure On the **hourly timeframe**, the positive **+1.90%** move suggests near-term buying pressure, but STRK is also approaching the first resistance area. Without the underlying hourly candles, exact RSI, MACD, and moving-average values are not available. A bullish hourly setup would generally require price to remain above the $0.0430–$0.0438 support area while short-term moving averages continue rising. On the **daily timeframe**, the **+11.64% seven-day gain** and **+62.47% 30-day gain** indicate a strong recovery trend. The structure resembles an impulsive advance rather than a confirmed reversal pattern, with round-number consolidation around $0.0400 and $0.0500 likely to be important. A daily close above $0.0500 would strengthen the continuation structure; rejection there could produce a retracement toward $0.0400. On the **weekly timeframe**, STRK remains substantially below its **$4.41 all-time high**, with the current price **99.01% below it**. This confirms that the long-term chart remains in a deeply discounted structure despite recent momentum. ## Volume and Outlook Reported 24-hour volume is **$45.36M**, providing meaningful trading activity relative to STRK’s **$324.82M** market capitalization. For the rally to extend, upside breaks should ideally occur with expanding volume. Declining volume near $0.0450 or $0.0500 would increase the likelihood of consolidation or rejection. The short-term bias is constructive above $0.0430, while the medium-term outlook remains positive above $0.0400. A decisive loss of $0.0400 would weaken the structure and bring $0.0350–$0.0370 into focus. --- ## Related Questions - What are the key risks if the October 15 unlock of 127M STRK triggers a sell-off? - How will the planned Starknet v0.14.4 upgrade on October 5 impact transaction fees and scalability? - What technical indicators would confirm a breakout above the $0.0500 resistance level? --- ## Related Coins ### Unibase (UB) - What is the latest Unibase (UB) news today? - Why is Unibase (UB) price down today? - What is the Unibase (UB) market sentiment today? - What are the key Unibase (UB) support and resistance levels today? - Is Unibase (UB) a good investment? - What is Unibase (UB) crypto? ### Bonk (BONK) - What is the latest Bonk news today? - Why is Bonk price down today? - What is the Bonk market sentiment today? - What are the key Bonk support and resistance levels today? - Is Bonk a good investment? - What is Bonk crypto? ### Kite (KITE) - What is the latest Kite news today? - Why is Kite price up today? - What is the Kite market sentiment today? - What are the key Kite support and resistance levels today? - Is Kite a good investment? - What is Kite crypto? --- *This article was generated by [CoinStats AI](https://coinstats.app/ai)*