Starknet Price Prediction 2025: STRK Eyes a Strong Bullish Trend
What's next for Starknet?
Key Takeaways
- Starknet (STRK) debuted in February 2024.
- Since its launch, STRK has fallen significantly but enjoyed something of an upturn in late 2024.
- Our price predictions suggest Starknet could hit $1.48 next year.
Starknet’s STRK token has witnessed a substantial price decline since its February launch, plummeting from a peak of $4 to under $0.50 after an airdrop to select blockchain users.
Notably, sales by Ethereum infrastructure firm Nethermind and airdrop hunters, who offloaded millions of dollars worth of the token, were observed, as reported by blockchain analysts Lookonchain . However, the Starknet price managed to rebound later in the year. On Dec. 3, 2024, STRK was worth about $0.708.
Let’s examine our price predictions for Starknet, made on Dec. 3, 2024. We will also examine the STRK price history and discuss what Starknet is and does.
Starknet Price Prediction
Let’s look at the CCN price predictions for STRK made on Dec. 3, 2024. The predictions are made using the wave count method.
Since STRK only has a price history dating back to March, we will only make a short-term prediction.
STRK Price Analysis
The most likely wave count suggests that STRK started a five-wave downward movement in March. If the count is accurate, STRK has completed the downward movement and started an A-B-C corrective structure.
If the count is accurate, STRK is currently in wave C of this upward movement, likely to end at the 0.5 Fibonacci retracement resistance level of $1.48.
If the correction has the same length as the downward movement, STRK will reach the target in January 2025.
Short-Term STRK Price Prediction
The Starknet price prediction for the next 24 hours is bearish. STRK trades inside an ascending wedge pattern, creating several long upper wicks and possibly a double-top pattern (black icons).
If STRK breaks down from this wedge, it could fall to the next closest horizontal support at $0.55.
Starknet Average True Range (ATR): STRK Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Dec. 3, 2024, Starknet’s ATR was at 0.05, implying average volatility.
Starknet Relative Strength Index (RSI): Is STRK Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and 30 show overbought and oversold conditions, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 3, 2024, Starknet’s RSI was at 40, showing a bearish trend. However, the daily RSI has generated a bullish divergence and moved outside of its oversold territory, both signs of a bullish trend.
Starknet Market Cap to TVL Ratio
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.
On Dec. 3, 2024, the Starknet Market Cap to TVL ratio was 5.58, indicating overvaluation.
CCN Strength Index
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
- 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
- 25 to 35: The price tends to move within stable bounds with minimal volatility.
- 36 to 49: Assets begin a stable uptrend but without strong surges.
- 50 to 59: Consistent growth with moderate price advances, building momentum.
- 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Dec. 2, 2024, STRK scored 63.1 on the CCN Index, suggesting momentum strong enough that a trend reversal might be imminent.
Starknet Price Performance Comparison
Starknet is an Ethereum Layer-2 rollout, so let’s compare it with other similar projects.
STRK Price History
Let’s now look at some of the highlights and lowlights of the Starknet token price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting an STRK price prediction.
| Period | Starknet Price |
|---|---|
| Last Week (Nov. 26, 2024) | $0.6055 |
| Last Month (Nov. 3, 2024) | $0.3628 |
| Three months ago (Sept. 3, 2023) | $0.3849 |
| Launch price (Feb. 20, 2024) | $3.66 |
| All-time high (Feb. 20, 2024) | $3.66 |
| All-time low (Aug. 5, 2024) | $0.3202 |
Starknet Market Cap
The market capitalization, or market cap, is the sum of the total number of STRK in circulation multiplied by its price.
On Dec. 3, 2024, Starknet’s market cap was $1.59 billion, making it the 79th-largest crypto by that metric.
Who Owns the Most Starknet (STRK) Tokens?
On Dec. 3, 2024, one wallet held more than 25% of the Starknet supply.
Richest STRK Wallet Addresses
As of Dec. ,3 2024, the five wallets with the most Starknet tokens were
- 0x1521f00f0d805b4aefc518d163f7ab84e4dfd68c. This wallet held 2,501,325,095 STRK or 25.01% of the supply.
- 0x10e5756a27486e4f495b438f4b0b627ee4abbf0f. This wallet held 995,188,145 STRK or 9.95% of the supply.
- 0xce5485cfb26914c5dce00b9baf0580364dafc7a4. This wallet held 895,891,388 STRK or 8.96% of the supply.
- 0xa6c4c9a021a7fe60986c197c1236545d3c04c25b. This wallet held 705,301,408 STRK or 7.05% of the supply.
- 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 223,028,985 STRK or 2.23% of the supply.
Starknet Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Maximum Supply | 10,000,000,000 |
| Circulating supply as of Dec. 3, 2024 | 2,259,283,720 (22.59% of total supply) |
| Holder distribution | The top 10 holders owned 62.97% of the supply as of Dec. 3, 2024 |
From the Starknet Whitepaper
In its technical documentation or whitepaper , Starknet describes itself as “a permissionless Validity-Rollup, also known as a zero-knowledge rollup (ZK rollup) for Ethereum.”
It adds: “Starknet aims to achieve secure, low-cost transactions and high performance using the STARK cryptographic proof system. Starknet contracts and the Starknet OS are written in Cairo, a custom-built and specialized programming language.”
Starknet (STRK) Explained
It is a permissionless decentralized Layer 2 validity rollup built to allow Ethereum to scale via cryptographic protocols called STARKs without compromising its core principles of decentralization, transparency, inclusivity, and security.
Starknet was developed by StarkWare Industries, an Israeli tech company founded in 2018 by Eli Ben-Sasson, Uri Kolodny, Michael Riabzev, and Alessandro Chiesa.
The Starknet token is needed to operate the ecosystem, maintain and secure it, decide on its values and strategic goals, and direct its evolution. This token will be required for governance, payment of transaction fees on Starknet, and participation in Starknet’s consensus mechanism.
How STRK Works
The Starknet token is a mechanism for paying fees to enable the network’s operation, maintenance, and security by enabling consensus staking. Additionally, it is used to decide on Starknet’s values and technology goals by voting for governance proposals.
Is Starknet a Good Investment?
It is hard to say. The Starknet token has dropped since its launch in the second half of February 2024. On the horizon, there’s no clear bullish or bearish sign.
As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in STRK.
Will Starknet go up or down?
No one can really tell right now. Because of insufficient data, our Starknet token price predictions for 2024, 2025, and 2030 are more speculative.
Should I invest in Starknet?
Before you decide whether or not to invest in Starknet, you will have to do your own research, not only on STRK but also on other related coins and tokens. Either way, you will also need to ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
FAQs
Will STRK reach $10?
Our long-term price predictions suggest Starknet will not reach $10 in the near future.
What is Starknet?
Starknet is a permissionless decentralized Layer 2 validity rollup, built to allow Ethereum to scale via cryptographic protocols called STARKs, without compromising Ethereum’s core principles of decentralization, transparency, inclusivity, and security.
The Starknet token is needed to operate the ecosystem, maintain and secure it, decide on its values and strategic goals, and direct its evolution. This token will be required for governance, payment of transaction fees on Starknet, and participation in Starknet’s consensus mechanism.
