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Starknet's STRK token drops nearly 30% after a sharp rally and peak network activity.

Protocol Fundamentals
17 Oct 2026
Tokenpost
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Bearish
Starknet's STRK token drops nearly 30% after a sharp rally and peak network activity.

Starknet's STRK token surged 122% between October 8 and 11, reaching $0.1232, before falling nearly 30% by October 13. This price drop coincided with a significant decline in network activity, with active addresses and new wallet creations dropping sharply after peaking on October 11. The 10 largest STRK holders now possess their highest combined token balance since April. Meanwhile, StarkWare's CEO hinted at a future shift from Ethereum Layer 2 to an independent Layer 1 network, potentially changing Starknet's security and operational framework, though no timeline has been set for this transition.

As of Oct 17, 2026 14:51 WIB, STRK trades at Rp1,270 on Pluang, down 12.14% in the last day. The token's market cap stands at Rp9.73 trillion with a 24-hour trading volume of Rp3.06 trillion. Pluang data shows a balanced order activity leaning slightly towards buying at 59%, with typical holders maintaining their positions for about 74 days, highlighting ongoing investor interest despite recent volatility.

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