Is STRK Still a Good Buy During the Privacy Coin Surge?

Starknet has returned to the spotlight after an unexpected rebound lifted STRK sharply higher despite a bearish environment across major cryptocurrencies. 

With privacy focused assets gaining intense interest and several coins posting dramatic gains, traders are now asking whether STRK can join the momentum. 

Its fundamentals are strengthening, network activity is rising and long term indicators are improving. This article examines whether STRK remains a good investment and how traders can easily access it on Bitrue.

STRK Price Analysis

Starknet has shown one of the more surprising recoveries among Layer 2 assets this year. After months of weak performance, STRK surged from $0.10 to $0.218 within five days, marking a 110% rally that signalled renewed interest following the Stwo prover upgrade. 

Although profit taking caused a retreat to $0.132, buyers returned quickly and helped the token regain momentum. 

By November 21, STRK climbed another 110% extension to reach $0.280, outperforming many major assets during a period marked by macroeconomic pressure and geopolitical tension.

Technical structure has also improved significantly. STRK bounced off the 20 day EMA before breaking above the 200 day EMA, flipping the long term trend from bearish to bullish. 

This shift created the first sustained uptrend in several months. Unlike other assets that collapsed under heavy selling pressure, Starknet only saw a modest 17% pullback from its recent high. 

The mild correction suggests that buyers were not fully exhausted and may be waiting for more favourable entry points.

However, it is important to recognise that STRK still trades more than 90% below its 2024 all time high of $2.78. 

This gap reflects both the scale of the previous decline and the potential space for recovery if market conditions continue to strengthen. Long term holders tend to view the recent rally as an early recovery stage rather than the end of the cycle. 

The presence of both strong rallies and quick pullbacks also shows that volatility remains an active feature, but the structural improvement from EMAs signals that momentum is shifting in the right direction.

On the weekly chart, STRK remains sensitive around key resistance areas. If buyers defend the $0.15 to $0.18 region, the token could form a strong base for its next move. 

Failure to do so opens the possibility of another downward leg. For now, STRK shows more resilience compared to many Layer 2 assets, which helps place it in a favourable position as market conditions evolve.

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Reasons Why It Is a Good Time to Buy

Recent improvements in Starknet’s fundamentals provide several reasons why traders may view STRK as an attractive entry. First, total value locked across Starknet has risen steadily. 

DeFiLlama currently lists TVL near $235.88M, while StarkScan reports a higher figure of $942M. 

This is a 90% increase in three months, reflecting deeper capital involvement within the ecosystem. Rising capital commitment often supports price stability and improves long term sentiment.

Second, perpetual and Futures volume has grown considerably. October saw $22B in perpetual trading volume, while November already shows $18B. Open interest has reached an all time high of $255.80M. 

These figures signal rising engagement from traders who are willing to position aggressively. High open interest usually reflects increased speculative interest, but when supported by strong fundamentals, it can also contribute to trend continuation.

Third, stablecoin growth on Starknet has surged. The stablecoin market cap has climbed to $156.76M after starting the year at only $1.98M. 

Stablecoin expansion is often used as a proxy for liquidity flow, user confidence and trading demand. When stablecoin levels increase sharply, ecosystems often experience higher transaction activity.

Fourth, network performance is improving. Starknet TPS rose from 23 in October to 163 on November 13. 

It continues to hold above 100 TPS, which indicates more onchain engagement and healthier application development. Higher throughput usually attracts more developers and users.

Fifth, STRK remains far below its previous highs, which provides a more favourable reward to risk structure. A move above $0.63 is considered the critical level for a full recovery phase. 

If STRK closes the year above that threshold, it could mark the beginning of a more extended trend. 

Analysts believe that a break above $0.63 could open the path toward $1.36 in 2026 and possibly a retest of $2.78 if investor momentum aligns.

Lastly, the current privacy focused narrative helps strengthen interest around related assets. Privacy coins such as ZEC and Monero are gaining attention due to rising concerns over data visibility. 

As privacy becomes a stronger theme, any asset associated with security, computation integrity or decentralised proofs may benefit from the wider narrative. 

While STRK is not a privacy coin, it sits close to the broader theme due to its focus on proving systems and secure computation. This correlation helps keep interest strong during narrative driven cycles.

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How to Buy STRK on Bitrue in 5 Steps

1. Open the Bitrue app and log in or register a new account to enable trading access.

2. Activate two factor authentication to ensure that your account remains secure before making any transactions.

3. Visit the main homepage and select the Spot trading section where STRK is available.

4. Search for STRK using the search bar and select the STRK and USDT trading pair.

5. Choose between a market order for immediate execution or a limit order if you prefer setting your own price, then complete the trade and view STRK in your wallet.

These steps provide a straightforward process for entering the market whenever a new opportunity arises.

Conclusion

Starknet has shown meaningful recovery signs supported by rising fundamentals, higher network activity and improved technical structure. Although STRK remains far below its all time high, the recent rallies suggest that confidence is growing at a steady pace. 

A push above $0.63 would confirm the transition from short term recovery to long term trend reversal. Traders who want the easiest and safest way to access STRK can use Bitrue, where the trading process is simple, secure and suitable for both new and advanced users.

Read also: Introduction to Bitrue Alpha - Completed Explanation

FAQ

Is STRK still a good buy?

STRK remains attractive due to rising fundamentals, stronger activity and improving technical structure.

What level must STRK break to confirm recovery?

A year end close above $0.63 would confirm a meaningful trend reversal.

Why did STRK rebound recently?

The rebound followed the Stwo prover upgrade and strong defence at the 20 day and 200 day EMAs.

Is Starknet showing stronger fundamentals?

Yes, TVL, trading volume, stablecoin growth and TPS all show significant improvement.

Is Bitrue a good place to buy STRK?

Yes, Bitrue offers a secure and easy platform for buying STRK during market opportunities.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.