After losing more than 55% of its July earnings, the SPK price again tries a recovery, because the technical and fundamental factors align as August. In particular, the token recently rebounded by a key level of support with a strong intraday increase of 30%, arousing interests of investors despite current dilution problems.
SPK prices collapse in monthly lows despite strong growth in the network
After its recent gathering, the SPK Prize was faced with a clear correction that pushed the token to its lowest swing since July 22. The rally has weakened at a hollow of $ 0.080, reducing its market capitalization to $ 89 million, against its 190 million dollars summit.
Interestingly, this sale occurred despite an increase in its fundamental factors such as the implementation activity and improved fundamentals on the chain.
For example, the market capitalization of markup has increased from more than $ 65 million on $ 4 to 156.41 million dollars and a recent increase of $ 16 million in just 24 hours. He clearly suggests increasing and healthy long -term confidence among investors, even if the short -term feeling fluctuates.
The network activity depicts an optimistic backdrop
Adding to optimism, the wider ecosystem of Spark Crypto continues to develop.
The data show that the Murk, which is its Defi loan platform, saw its total locked value (TVL) to climb more than $ 11 million, reaching more than $ 4.69 billion. Deposits on the platform reached $ 6.95 billion, while income has also accumulated at $ 68.41 million.
Meanwhile, total savings assets have increased by $ 19 million in the last 24 hours to 2.41 billion dollars, further strengthening the concept that activity through the network remains robust. These measures indicate an increase in user participation and confidence in the Spark protocol, even if the SPK price had been downward pressure in late July.
Continuous dilution poses a long -term risk for the SPK price
Despite these bullish signals, one thing irritates the eye of investors and it is its tokenomic. The dilution of the tokens remains an important concern for SPK holders.
Coinmarketcap data reveal that Spark publishes around 4.65 million new tokens per day, which is worth more than $ 373,000.
The supply calendar is aggressive, the next major unlock of 904.65 million tokens set for June 2026. The expected unlocking will continue until 2035, potentially weighing the future stability of SPK prices.
This regular increase in the offer could limit prices unless you match growing demand. As such, market players remain vigilant both inputs and the time for the release of tokens.
SPK technical rebound signals support price support
Despite the concerns of the offer, a technical rebound attracted attention. In the past 24 hours, the SPK price has jumped by 30%, reaching $ 0.1010, with a cash trading volume climbing $ 399.09 million.
This rebound occurred after the token retests a key area which met with a renewed upward demand.
Although this rebound can point out a short -term change of feeling, some traders interpret it as a continuation of the token retaining phase and could reach a jump of 150% to $ 0.30.
