Key Highlights:
- $STRK price drops more than 13% after experiencing a rally yesterday, November 10, 2025.
- Profit-taking and upcoming token unlock are the main reasons for the dip in the price of the token.
- Investors will now closely monitor the $0.14 mark as it acts as a support level.
Starknet’s native token, $STRK, in the last 7 days surged more than 55% which was mainly driven by market enthusiasm surrounding its integration with privacy-focused Zcash and strategic upgrades in Bitcoin-based decentralized finance (DeFi). This rapid increase in the price of the token did gather significant attention from the investors, hinting at a possible breakout in the Layer-2 space. However, the rally has now cooled down.
At press time, the price of the token stands at $0.1605 and has plunged 14.28% in the last 24 hours as per CoinMarketCap.
The Rally: Drivers and Technical Signals
The main development that led to STRK’s rally was the announcement of the integration of Zcash. Moreover, Bitcoin’s DeFi ecosystem upgrades also helped rally the momentum, spurring traders to pile into STRK in anticipation of sustained growth. Consequently, the token’s market activity surged, with 24-hour trading volume increasing by 120% to somewhere about $730 million. This number indicates that there had been a strong buying and subsequent profit-taking.
Technically, STRK’s momentum pushed the relative strength index (RSI) to an overbought 76.42 on the 24-hour chart, a classic indicator that the asset’s price had become overheated. The rally encountered resistance at the $0.185 mark, corresponding to the key 38.2% Fibonacci retracement level, causing the price to stall and begin a pullback. This short-term exhaustion is typical for parabolic moves, often prompting traders to secure gains before potential reversals.
Profit-Taking Pressure and Market Dynamics
Following any parabolic run, profit-taking is a natural phenomenon. STRK also became a victim of profit-taking by the investors, which led to a decrease in its price. The sharp uptick in volume indicated heavy selling into strength, as investors locked in profits at elevated levels. STRK dropped by 13% which is way more than the declines seen in other major altcoins such as XRP (Ripple’s native token) and Ethereum (ETH).
This weakness was further aggravated by an increase in Bitcoin dominance to 59.28% which generally drains liquidity from altcoins in favour of Bitcoin, creating a challenging environment for speculative tokens like STRK.
Upcoming Token Unlock: A Major Near-Term Risk
Adding to this bearish momentum, in this week, a significant amount of STRK tokens are going to be unlocked. According to Drops Tap, on November 15, 2025, Starknet will unlock 128.23 million STRK, which is 1.28% of the total supply.
Unlocking usually exerts a downward pressure. If you have a look at the token unlocks that have taken place up until now (since 2024 for Starknet), most of the token unlocks have triggered subsequent price drops. This recurring dilution risk comes from newly unlocked tokens entering the market, so investors often sell early before it happens.
STRK’s monthly unlocking schedule guarantees ongoing supply inflation, which poses a persistent overhand on price appreciation and investor confidence. Market participants will closely watch how the token’s price reacts post-unlock and whether demand can absorb the increased circulating supply without deeper declines.
Macro and Sentiment Context
The Altcoin Season Index has dropped by 3.3% in the last 24 hours, while the BTC dominance rose, and liquidity managed to rotate out of riskier assets. STRK’s pullback indicates that the market is moving into a risk-off phase, where high-risk tokens get hit the hardest.
As of now, the investors are monitoring the $0.14 level closely because it is the 50% Fibonacci support. If the price stays above $0.14, it indicates strength and a possibility of bringing the buyers back in. If the price of the token drops below the $0.14 mark, the price may continue to drop even more.
