• Starknet launches a $16.5M BTCFi incentive, boosting STRK’s ecosystem growth and attracting Bitcoin liquidity into DeFi.
  • An analyst sees STRK poised for a 300% rally if it breaks its long-term downtrend line.

Starknet (STRK) is starting to show signs of a comeback. After a period of flatlining, STRK has been showing aggressive price movements since early November.

The latest CoinMarketCap data shows a 36% surge in the past 24 hours, with STRK trading at about $0.1935 and spot volume reaching over $203 million. STRK’s market cap is now approaching $884 million.

Market Eyes a 300% Upswing Amid Renewed Momentum

Amid the market euphoria, technical analyst Captain Faibik has also voiced a fairly bold prediction. He believes STRK is in an accumulation phase approaching saturation point.

Faibik believes that selling pressure is starting to weaken, and if the price manages to break through the long-term downtrend line, the potential for a rally of up to 300% is wide open. The target? The range of $0.62 to $0.65.

Keep an eye on $STRK .. 🧐

Accumulation below a Major multi-year trendline..!!

Breakout = Bullrun. 🚀📈 #Crypto #STRK #STRKUSDT pic.twitter.com/cE8sr54bde

— Captain Faibik 🐺 (@CryptoFaibik) November 10, 2025

He emphasized that confirmation of the rally will only occur if the weekly close is above the main trendline with supportive trading volume.

However, the price surge is not without reason. Several important announcements from the Starknet team have come one after another like rain after a long drought.

On November 3, 2025, a next-generation proof-of-value system called S-two officially went live on mainnet. Developed by StarkWare and open-sourced, the system allows users to process proofs themselves.

With faster proof speeds and the ability for clients to process their own proofs, S-two not only accelerates performance but also opens the door to privacy applications and significantly more efficient scaling. It’s arguably one of the most ambitious technical steps in the network’s history.

From Solana to Bitcoin: Starknet Opens the Liquidity Gate

Meanwhile, the Starknet ecosystem is also increasingly open to external liquidity flows. On October 29, an asset bridge between Solana and Starknet officially launched through an integration with Hyperlane on the StarkGate platform.

This bridge allows users to send Solana-native tokens, such as SOL, BONK, PUMP , and TRUMP, directly to the Starknet network. This move expands Starknet’s reach to the vibrant Solana-based DeFi community while strengthening previously limited cross-chain interoperability and flexibility.

Not only that, on November 6, 2025, the Starknet Foundation announced a massive incentive program worth 100 million STRK, equivalent to $16.5 million, through a campaign called BTCFi Season.

They aim to attract Bitcoin-based capital into the Starknet DeFi ecosystem, primarily through tokens like tBTC and WBTC, and boost stablecoin liquidity. This strategy is reminiscent of Layer-2 incentive models like Arbitrum, which have successfully driven a dramatic surge in activity and TVL.

Furthermore, institutional interest is also starting to emerge. Anchorage Digital, a US-based custodian service provider, has supported STRK storage and staking since early September. This means that large investors who previously only observed from afar now have an official path to participate without compromising security.