According to CoinCodex, the current SPK → USDC rate is approximately 0.10382 USDC, as of August 12, 2025 at 15:31 UTC.
CoinLore notes the broader market price of Spark (SPK) is around $0.1036, with a market capitalization of $110 million USD, aligning closely with the USDC conversion.
** Summary**: SPK currently trades at about 0.104 USDC, or $0.103–0.104 USD, reflecting strong alignment across multiple platforms
2. Recent Price Movements & Technical Outlook
On Binance Square, SPK has seen sharp volatility and strong upward momentum:
A +84% surge in 24 hours, making it the day’s top mover.
Another update reports a "bullish momentum" with price bouncing from a low of $0.0906 to $0.1265 (+37.6%), consolidating just below resistance with solid volume.
A technical deep dive shows SPK surged 32–36% in 24 hours, hitting a high of $0.1276, with dramatic staking and liquidity developments driving momentum
3. Key Drivers Behind the Movement
The Overdrive Phase of SPK’s "Ignition" airdrop campaign (through August 12) is a major catalyst—granting staking rewards and significantly boosting interest.
Major investors (“smart money” and whales) are accumulating SPK heavily, with their holdings increasing significantly.
On-chain activity shows a sharp decline in circulating supply—nearly 40% of SPK has been staked, reducing free float and driving upward pressure
4. Technical Levels, Risks & Projections
According to technical analysis:
Support zone: around $0.11, derived from EMA100 and Fibonacci retracement.
Current resistance: near $0.128, a key breakout level.
If resistance is breached, targets extend toward $0.15–$0.165 by mid-August—and even longer-term possibilities up to $0.48–$1.10 into 2025-26 under optimistic scenarios