Starknet’s STRK Climbs 210% in Four Weeks, but Can the Rally Last?

Is STRK's run about to end soon or will it surprise the market again? Starknet’s STRK token has had a massive run over the past few weeks, but the latest data from Santiment indicates the rally may be losing steam. The token surged 122% between October 8 and October 11, closing at $0.1232. It is currently up by 210% in four weeks. However, the excitement around the rally appears to be cooling, with network activity dropping alongside the price. Pullback Ahead? Santiment recorded nine spikes in STRK’s social dominance. The biggest occurred on October 8. Interestingly, sentiment was still slightly negative that day, at -0.51. That quickly changed as the rally picked up pace. By October 11, sentiment had jumped to +12.44, its highest reading during the move. The week’s sentiment score also climbed to 38.46, more than double any full week in the previous six months. Network activity peaked on the same day as the price. Active addresses reached 2,823, while 1,166 new wallets joined the network. That was around 13x the recent average for new wallets. But the numbers fell sharply over the next two days. By October 13, active addresses were down 63%, and new wallets had dropped 81%. STRK’s...