BREAKING: Starknet (STRK), the Ethereum Layer 2 scaling solution token, has surged 20.7% in the past 24 hours, currently trading at $0.04427267 as of April 22, 2026.
Key Market Data
The rally has pushed STRK’s market capitalization to $259.6 million, representing a 21% increase of $45 million in 24 hours. Trading volume has reached $75.2 million, indicating strong market participation in the move.
The token reached an intraday high of $0.04453949 before settling at current levels, representing a significant recovery from its 24-hour low of $0.03610372. This 23.4% intraday range demonstrates heightened volatility and trading activity.
Extended Performance Metrics
Starknet’s performance extends beyond the 24-hour window:
- 1-hour change: +4.8%
- 7-day change: +32.6%
- 30-day change: +22.9%
The token is currently trading 38.3% above its all-time low of $0.03211754, which was recorded on April 15, 2026, just seven days ago. This suggests a strong reversal from recent lows.
Supply and Valuation
With a circulating supply of 5.86 billion STRK tokens out of a maximum supply of 10 billion, the fully diluted valuation stands at $443.4 million. The token currently ranks #155 by market capitalization across all cryptocurrencies.
Historical Context
Despite the recent gains, STRK remains 98.99% below its all-time high of $4.41, reached on February 20, 2024. The current price action represents early-stage recovery from recent market lows.
Market Implications
The surge in Starknet comes amid renewed interest in Ethereum Layer 2 scaling solutions. The significant trading volume and consistent gains across multiple timeframes suggest sustained buying pressure rather than a temporary spike.
Traders are closely monitoring whether STRK can maintain support above the $0.044 level, with the 24-hour high of $0.0445 serving as immediate resistance. The token’s ability to hold recent gains will be tested in the coming sessions.
Last updated: April 22, 2026, 17:07 UTC
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About the Author: Ananya Melhotra
