SPK Token Surges 16% After Airdrop, $39M Transfers and Binance Listing Boost Trading Activity

SPKUSDT has experienced a 16.18% price increase over the past 24 hours, rising from 0.040924 to 0.047547 on Binance. This upward movement is primarily attributed to heightened post-airdrop activity, with significant transfers of approximately 39 million SPK tokens to Binance by major holders following the recent Spark (SPK) airdrop. The airdrop and subsequent listing on Binance have driven increased trading volume and market attention, contributing to short-term volatility and price appreciation as liquidity and accessibility improved. Currently, SPK trades at 0.047547 with notable trading volume and a market cap estimated near $700 million, while the protocol’s strong fundamentals—such as $7.9 billion TVL and $6.5 billion in reserves—continue to support investor confidence amid ongoing price discovery.