Spark (SPK) Price Analysis: Token Surges After Brian Armstrong's Praise

The crypto space is no stranger to rapid market shifts sparked by influential voices. This time, it was Brian Armstrong, CEO of Coinbase, whose praise for Spark (SPK) set off a buying frenzy. 

Within hours, Spark SPK jumped 40%, reversing its bearish trend and attracting attention from traders across the DeFi ecosystem.

As of early August 2025, the Spark token price stands at $0.13 — still below its all-time high but showing clear signs of bullish momentum. 

This Spark price analysis explores what triggered the rally, where SPK could head next, and what investors should know going forward.

Spark Breaks Bearish Pattern

Technical indicators on the 4-hour chart confirm a breakout. The SPK token exited a descending triangle formation — typically a reversal signal following a downtrend. At the same time:

• The MACD (Moving Average Convergence Divergence) turned bullish, signaling momentum shift.

• The Chaikin Money Flow (CMF) climbed above zero, showing positive capital inflows into Spark.

Combined, these signals suggest traders are accumulating SPK crypto after weeks of selling pressure.

Brian Armstrong’s Endorsement Supercharges SPK

The real catalyst? A powerful endorsement from Brian Armstrong.

On August 2, 2025, Armstrong took to X (formerly Twitter), praising Spark for its Bitcoin-backed loan offerings. He highlighted the protocol’s role in enabling secure capital access within the DeFi space, calling it a “cool look” into how decentralized finance is evolving.

This statement had an immediate effect on SPK crypto news, boosting investor sentiment and triggering a price surge. It also placed Spark in the spotlight, potentially validating it as a serious player in DeFi lending protocols.

READ ALSO: How to Buy Spark (SPK)

Spark Token Holders Start Recovering

Data from Santiment shows that Spark’s Market Value to Realized Value (MVRV) ratio has improved to -11.80. While still in the red, this upward movement suggests:

• The average SPK holder is reducing their unrealized losses.

• Selling pressure may be decreasing as confidence returns.

Historically, when MVRV climbs from deep negative zones, it often precedes a recovery phase as traders begin to reaccumulate tokens. This could support a continuation of the SPK price surge if the trend holds.

SPK Price Prediction: More Gains Ahead?

A closer look at the 2-hour chart supports the bullish thesis. Indicators show:

• Awesome Oscillator (AO) printing green bars – a sign that upward momentum is strengthening.

• The Supertrend indicator flipped bullish, with the green line forming a new support level beneath SPK’s current price.

Given this technical backdrop, SPK token prediction models suggest the price could target:

• $0.16 as a short-term resistance level.

• A push beyond this may open a path to $0.19, and in an extremely bullish scenario, a retest of the all-time high at $0.29.

However, a failure to clear the $0.16 resistance could invalidate the breakout and drag SPK back to the $0.10 support zone.

READ ALSO: SPK Token: Spark Governance, Staking & Tokenomics Explained

Conclusion

Spark SPK has regained investor attention in August 2025, thanks to a technical breakout and a timely shoutout from Brian Armstrong. 

As the token attempts a comeback, strong fundamentals and improved sentiment suggest further upside is possible — but volatility remains a factor.

This spark coin analysis shows that SPK is no longer in the shadows. Whether it can maintain this momentum depends on sustained buying, broader market support, and ongoing development within the Spark DeFi platform.

FAQ

What is Spark (SPK)?

Spark (SPK) is a decentralized finance (DeFi) token supporting BTC-backed loans and lending services through smart contracts.

Why did SPK price surge recently?

The SPK price surged 40% after Coinbase CEO Brian Armstrong publicly praised the Spark platform for its innovative DeFi infrastructure.

Is Spark a good investment in August 2025?

SPK shows signs of recovery and bullish momentum. However, like all crypto, it remains a high-risk asset. Do your research before investing.

What is the current Spark token price?

As of early August 2025, Spark (SPK) is trading at $0.13 — about 33% below its all-time high.

What’s the SPK token prediction short term?

If bullish momentum continues, SPK could target $0.16, with further gains to $0.19 or even $0.29 possible in a best-case scenario.