š What is $SPK (Spark)?
Spark is the native token of the Spark Protocol, a DeFi platform built by key contributors from MakerDAO.
Its goal is to optimize capital efficiency across stablecoin markets using features like:
Stablecoin savings (USDS)
Lending/borrowing (money market)
Liquidity provisioning
It's available across multiple blockchains: Ethereum, Arbitrum, Base, Optimism, Gnosis, and more.
āļø Founding & Team
$SPK was launched on May 9, 2023, by former MakerDAO core developers ā emphasizing its deep roots in decentralized finance.
The founding team continues development leveraging Makerās reliable liquidation and stablecoin systems for protocol stability.
š History & Key Milestones
Launch date: May 9, 2023.
June 2025: SPK began trading on Gate in their spot market and Launchpool starting June 17, 2025.
At launch, 10āÆbillion SPK tokens were minted (35% for ecosystem growth, 65% over 10 years via farming).
TVL: At listing, the protocol managed around $3.9ā8 billion across DeFi, CeFi, and real-world assets.
Initial price action: Experienced a ~60% rally at launch, followed by a ~60% correction after the airdrop, yet maintained high trading volumes ($500M+ daily).
š¤ Future Predictions & Outlook
ShortāTerm (JuneāJuly 2025):
Market watchers expect initial stabilizing near $0.047ā$0.06.
CoinDCX projected a range of $0.054ā0.059, with breakout resistance at $0.057 ā potential surge to $0.065ā$0.072 in 30 days .
Gate models suggest $0.073 benchmark by end of 2025, with small daily gains (~$0.047 to $0.073 range through December).
MediumāTerm (2026ā2030):
CoinDCX forecasts:
2026 avg: $0.078 (range $0.061ā$0.115)
2030 avg: $0.136 (range $0.108ā$0.190).
DigitalCoinPrice estimates:
2026 avg: $0.0789
2030 avg: $0.17.
Gate model:
2026: $0.04985ā$0.07665
2030: $0.0606ā$0.09317.
LongāTerm (2040ā2050):
2040: $0.099ā$0.152 (+108%)
2050: $0.161ā$0.247 (+239%).