$SPK hits a New ATH at $0.2 today! Exploded 284%, climbing from $0.034 to $0.20 in just 7 days. 🔥

Spark is top 3 gainer on Binance with the 24-hr trade volume surging 73.73% to $2.74B. 🚀

Technical Analysis 📊

➡️ The chart shows a parabolic run with a strong breakout from a consolidation between $0.10–$0.11, with price action now well above short-term moving averages and the MACD level.

➡️ Volume remains high, indicating continued interest from fresh buyers. If bulls hold that zone, $SPK could retest $0.16–$0.18 and potentially push beyond $0.20 if momentum continues.

➡️RSI at 82.86 shows overbought conditions, but bull & bear power (0.156879) validates neutral momentum.

Here are some of the On-Chain & Fundamental Analysis to drive SPK price up: 👇

1️⃣ TVL surged 40% MoM to $10.48B, led by Spark’s lending ($4.8B) and savings ($2.45B). Since the June airdrop, over 120M SPK has been staked, boosted by 3x Spark Points incentives. This week, $4.3M SPK and $10M in USDS rewards were distributed by the Sky Ecosystem. This reduces supply and attracts new demand.

2️⃣ Users are actively accumulating in anticipation of Phase 2 of Sparkdotfi’s Ignition airdrop. Following the success of Phase 1, many believe the next phase could offer even more rewards.

3️⃣ Strong liquidity, consistent savings yields, and attractive farming opportunities across SparkLend, Spark Savings, and the Spark Liquidity Layer will draw more investors—further supporting price growth.