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Home Articles Starknet Bounces 6% Off All-Time Low as STRK20 Privacy Arc Launches

Starknet Bounces 6% Off All-Time Low as STRK20 Privacy Arc Launches

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
Updated: March 11th, 2026
Editor:
Joseph Alalade
Joseph Alalade
Editor:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.

Starknet price is up 6.35% over the past 3 days, trading at $0.03975 after hitting a new all-time low of $0.03743 on March 8. The rebound coincides directly with Starknet’s rollout of STRK20, a protocol-level privacy standard that extends shielded balances and private transfers to any ERC-20 deployed on the network.

STRK crypto remains down 49.39% year-to-date and 98.91% from its $3.66 all-time high set in February 2024, but sellers slightly faded at the historic floor rather than extending the drawdown.

Starknet Launches STRK20 as Privacy and BTCFi Narratives Converge

STRK20 applies privacy at the token standard level, rather than through a separate sidechain or isolated pool. Any ERC-20 on Starknet can gain shielded balances, private transfers, and anonymous DeFi access within the same liquidity pool, eliminating the fragmentation that has hobbled earlier privacy implementations.

At the same time, compliance isn’t stripped out, as selective disclosure to auditors or regulators is built in by design, giving institutional participants a real audit path when legally required. Anonymous swaps are already live on Ekubo Protocol, and anonymous staking for both BTC and STRK launched alongside the standard.

The privacy thesis extends beyond STRK20. StarkWare inked a partnership with EY to bring the Nightfall Privacy Layer to the Starknet stack. The network is also preparing to launch strkBTC, the first Bitcoin wrapper with native privacy properties, targeting the expanding BTCFi segment. SNIP36 is advancing a separate evolution with Starknet moving from a Validity Rollup to a native ZK verification layer.

Fundamentals have also been building. Starknet climbed from the 44th-largest chain by TVL to the 19th in under 6 months, currently standing at $263.64 million in TVL. Stablecoin supply is up 300% year-over-year. Revenue over the past 365 days reached $1.2 million, ranking 8th among all L2 blockchains, against a peer-group total of $128 million.

Santiment data from March 5 ranked the Starknet coin first among all Layer 2 projects by 30-day development activity, scoring 213.97, well ahead of Arbitrum at 93.67 and Optimism at 57.27.

STRK Coin Chart Shows First Stabilization Signal at Record Low

On the 4-hour chart, STRK coin is trading at $0.0400, pinned directly at the base of a full Fibonacci retracement grid, with the Starknet price sitting just above the 0 level at $0.0076. Every standard retracement level sits overhead: the 0.236 at $0.0783, the 0.382 at $0.1221, the 0.5 at $0.1574, the 0.618 at $0.1928, and the 0.786 at $0.2432. The entire structure is overhead resistance, and nothing has been reclaimed.

Starknet price chart | Source: TradingView

What partially complicates the bearish read is the RSI. At 57.75 on the primary line and 52.81 on the signal, momentum is sitting in neutral-to-constructive territory, not oversold and not overbought. For a token that just set an all-time low three days ago, an RSI holding above 50 suggests sellers didn’t fully exhaust demand at the floor. That’s the one structural positive.

The Starknet price prediction from this setup is binary: either the ATL at $0.03743 holds as a base, and RSI sustains above 50 long enough to challenge the 0.236 Fib at $0.0783, nearly double the current price, or a clean break below $0.0076 opens a structurally undefined range. The $0.0783 level is the first meaningful test of whether STRK crypto can begin rebuilding any technical structure.

READ MORE: Shiba Inu Price Breaks Falling Wedge as Volume Surges 88%

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Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.