The price is 0.114359 USD, currently with a change of 0.03 USD (+41%) compared to the previous close.
Intraday high: 0.118458 USD; intraday low 0.080869 USD.
📉 Current SPK price: approximately 0.1144 USD, representing an increase of about +41% over the day.
📊 High volatility: in 24 hours, the price fluctuated between ~0.081 USD and ~0.118 USD, showing strong fluctuations.
📅 Launched on June 17, 2025, the initial price was around 0.07 USD, then dropped massively (~–50%) due to post-airdrop sales (Blockchain Magazine, BTCC, CoinMarketCap).
🚀 Volume and TVL: the Spark protocol manages a TVL of 7.9 billion USD and generates over 170 million USD in annual revenue (CoinMarketCap, Blockchain Magazine).
🏗️ Key features of the token: SPK is used for governance, staking to secure the protocol, and distributing rewards via Spark Points (MEXC Blog, Spark Docs).
⚙️ Token economics: max supply of 10 billion SPK, with 65% dedicated to Sky Farming (over 10 years), 23% to the ecosystem, 12% to the team (Spark Docs, gate.com).
🔒 Security index via staking: users can stake SPK to support the security of Spark products and earn rewards (MEXC Blog, gate.com).
🌍 Multichain deployment: Spark is present on Ethereum, Arbitrum, Base, Optimism, Unichain, and Gnosis, with a wide DeFi/CeFi/RWA reach (CoinMarketCap, gate.com).
⚠️ Risks: high volatility, sometimes limited liquidity, gradual dilution related to long-term issuance, and competition from mature protocols such as Aave or Yearn (gate.com, Blockchain Magazine).
💡 Opportunity: if the platform continues to grow, the adoption of staking and increased governance could justify a sustainable appreciation of the token.
🚨Summary: SPK is a young and highly volatile token, with strong potential in the DeFi space due to its massive TVL and infrastructure attached to Sky. It aims to become stable and profitable in the long term, but significant risks remain in the short term.
💥Do your research and be aware that you may lose your investment💥
