SPK Token Surges 469% After Binance Listing and Airdrop, Market Reacts to Volatile Debut

Spark (SPK) saw significant price volatility following its major exchange listings and airdrop events. The token was listed on Binance on June 17, 2025, with an initial circulating supply of approximately 1.7 billion SPK and trading pairs against USDT, USDC, BNB, FDUSD, and TRY. A large-scale airdrop distributed 200 million SPK to BNB stakers, and the subsequent influx of tokens contributed to notable price swings. After the airdrop and listing, SPK experienced a sharp price correction, with some sources reporting a 54% drop from launch highs due to sell pressure from recipients and speculative trading. However, according to the latest Binance data, SPK is currently priced at $0.056956, up 469.56% from the 24-hour open of $0.010000, indicating a strong rebound and high trading activity as the market digests the new supply and exchange exposure.

Overall, SPK is trading with elevated volume and volatility across multiple exchanges, with a current price of $0.056956 and a market cap around $46.66 million. The recent price movements are primarily attributed to the airdrop distribution, initial selloff, and subsequent recovery driven by increased market participation following listings on major platforms.