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As of Thursday, July 10, 2025, 11:54 PM +06, the Spark (SPK) token is navigating a period of consolidation after its recent launch and subsequent price movements. SPK, the native governance and staking token of the Spark Protocol, has been a hot topic, particularly following its airdrop and exchange listings in June 2025.

Currently, SPK is trading around $0.0302 USD. Over the past 24 hours, the price has seen fluctuations, with a range between approximately $0.0292 USD and $0.0308 USD. The 24-hour trading volume has been robust, often exceeding $25 million USD, indicating active market participation. The current market capitalization for SPK is in the range of $29-30 million USD.

Having reached an all-time high of around $0.0756 USD on June 17, 2025, SPK has since seen a significant retracement. This is somewhat typical for newly launched tokens after initial hype. The project's fundamentals, focusing on decentralized finance (DeFi) infrastructure, stablecoin liquidity, and real-world asset integration, are strong. SPK holders can participate in governance and stake their tokens for rewards, contributing to network security.

The immediate forecast suggests that SPK is finding a potential support zone around the $0.029-$0.030 level. A sustained move above $0.031-$0.032 could signal a recovery, potentially targeting the $0.035 mark. Conversely, a break below $0.029 might lead to further downside correction. Traders should monitor overall DeFi market sentiment and any developments from the Spark Protocol's roadmap for clearer directional cues.