Starknet (STRK) 价格上涨：飙升的背后是什么？

Starknet 的 STRK 代币正在经历飙升。本文探讨了推动这一上涨的因素，从比特币质押到网络升级。它可持续吗？

Starknet (STRK) is making waves with a notable price surge. Is it just a pump, or is there something more to it? Let's dive into the factors driving this rally.

Starknet (STRK) 的价格显着飙升，掀起了波澜。它只是一个泵，还是还有其他东西？让我们深入探讨推动这次反弹的因素。

Bitcoin Staking Integration: A Major Catalyst

比特币质押整合：主要催化剂

One of the biggest reasons for STRK's recent pump is the new Bitcoin staking integration, which went live on September 30, 2025. Users can now stake tokenized versions of Bitcoin, like WBTC, to earn STRK rewards directly on the Starknet network. Over $63 million in BTC has already been staked, representing about 25% of the total consensus power. Starknet even launched a 100 million STRK reward pool under its “BTCFi Season” program to attract even more Bitcoin liquidity. This move effectively bridges Bitcoin's massive capital with Starknet's expanding DeFi ecosystem.

STRK 最近上涨的最大原因之一是新的比特币质押集成，该集成于 2025 年 9 月 30 日上线。用户现在可以质押比特币的代币化版本，例如 WBTC，直接在 Starknet 网络上赚取 STRK 奖励。超过 6300 万美元的 BTC 已被质押，约占总共识算力的 25%。 Starknet 甚至在其“BTCFi Season”计划下推出了 1 亿个 STRK 奖励池，以吸引更多的比特币流动性。此举有效地将比特币的巨额资本与 Starknet 不断扩大的 DeFi 生态系统联系起来。

Network Upgrades: Progress with a Few Bumps

网络升级：取得一些进展

Starknet's v0.14.0 upgrade in September introduced decentralized sequencing and subsecond pre-confirmations, aiming to make transactions faster and more reliable. These improvements are a significant step toward full decentralization, crucial for any Layer 2 rollup. However, the rollout wasn't flawless. A temporary chain outage occurred shortly after the upgrade, raising some stability concerns. While developers have since restored full functionality, traders are keeping a close watch.

Starknet 9 月份的 v0.14.0 升级引入了去中心化排序和亚秒级预确认，旨在使交易更快、更可靠。这些改进是迈向完全去中心化的重要一步，对于任何第 2 层汇总都至关重要。然而，此次推出并非完美无缺。升级后不久发生了暂时的链中断，引发了一些稳定性问题。尽管开发商已恢复全部功能，但交易员仍在密切关注。

Token Unlocks: A Potential Headwind

代币解锁：潜在的阻力

While the current rally is fueled by excitement around Starknet's technology, token unlocks remain a potential issue. About 38.2% of STRK’s 10 billion supply, allocated to early contributors and investors, will continue unlocking monthly until March 2027. Until March 2025, around 64 million STRK (roughly $11.3 million at current prices) will unlock every month. After that, the amount doubles to 127 million STRK per month, which could add selling pressure if recipients decide to cash out. The hope is that Starknet's user base will expand enough to absorb this extra supply.

虽然当前的涨势是由 Starknet 技术的兴奋推动的，但代币解锁仍然是一个潜在的问题。 STRK 100 亿枚供应量中的约 38.2% 分配给早期贡献者和投资者，将继续每月解锁，直到 2027 年 3 月。直到 2025 年 3 月，每月将解锁约 6400 万个 STRK（按当前价格约合 1130 万美元）。此后，该金额将翻倍，达到每月 1.27 亿个 STRK，如果接收者决定兑现，这可能会增加抛售压力。希望 Starknet 的用户群能够扩大到足以吸收这些额外的供应。

Expert Opinions and Price Predictions

专家意见和价格预测

Analyst Viktoras Karapetjanc from Traders Union sees the recent 20% surge in STRK as a positive move supported by strong sentiment and capital inflows. He notes the Bitcoin staking launch and the 100 million STRK incentive program have attracted significant liquidity. However, he cautions that the token shows signs of being overbought. Other analysts offer varied price predictions. AMBCrypto predicts STRK could reach $2–$2.8 in 2025 and potentially $75–$110 by 2030. CoinEdition is even more bullish, suggesting STRK could climb to $5 in 2025 and $15 by 2030. Benjamin Cowen, however, advises caution regarding altcoins in general, especially before Bitcoin halving events.

Traders Union 分析师 Viktoras Karapetjanc 认为 STRK 最近上涨 20% 是受到强劲情绪和资本流入支持的积极举措。他指出，比特币质押的推出和 1 亿个 STRK 激励计划吸引了大量的流动性。然而，他警告说，该代币显示出超买的迹象。其他分析师给出了不同的价格预测。 AMBCrypto 预测 STRK 可能在 2025 年达到 2-2.8 美元，到 2030 年可能达到 75-110 美元。CoinEdition 则更加乐观，认为 STRK 可能在 2025 年攀升至 5 美元，到 2030 年升至 15 美元。然而，Benjamin Cowen 建议对山寨币总体保持谨慎，尤其是在比特币减半事件之前。

Technical Analysis: A Bearish Outlook

技术分析：看跌前景

According to Investing.com, the technical outlook for STRK/USDT is heavily bearish on the monthly frame. The platform’s automated summary assigns a “Strong Sell” rating. The Relative Strength Index (RSI 14) sits at 27.24, indicating oversold conditions but still registering as a sell signal. Moving averages reinforce the bearish view, with eight out of twelve key averages signaling sell. Traders should be cautious, as the path of least resistance still appears to the downside unless STRK can consistently hold above key pivot levels around 0.154–0.167.

根据 Investing.com 的数据，STRK/USDT 的技术前景在月度框架上严重看跌。该平台的自动摘要授予“强力销售”评级。相对强弱指数 (RSI 14) 位于 27.24，表明超卖状况，但仍被视为卖出信号。移动平均线强化了看跌观点，十二个关键平均线中有八个发出卖出信号。交易者应保持谨慎，因为除非 STRK 能够持续保持在 0.154-0.167 左右的关键枢轴水平之上，否则阻力最小的路径仍然是下行。

Key Takeaways and Market Dynamics

主要要点和市场动态

Recent developments have fueled STRK’s price surge, particularly Starknet’s integration as a Bitcoin execution layer and staking support. Positive Funding Rates, declining sell pressure, and growing on-chain activity point to strong bullish potential. At press time, the total value of inflow stood at $82 million, pushing Open Interest up to $172 million, according to CoinGlass.

最近的发展推动了 STRK 的价格飙升，特别是 Starknet 作为比特币执行层的整合和质押支持。正的资金利率、不断下降的抛售压力以及不断增长的链上活动都预示着强劲的看涨潜力。据 CoinGlass 称，截至发稿时，流入总额为 8200 万美元，使未平仓合约达到 1.72 亿美元。

Final Thoughts

最后的想法

So, is STRK a good investment? Like any crypto, it comes with risks. But with its innovative technology and growing ecosystem, it's definitely one to watch. Just remember to do your own research before diving in. After all, nobody wants to be left holding the bag when the music stops!

那么，STRK 是一项好的投资吗？与任何加密货币一样，它也伴随着风险。但凭借其创新技术和不断发展的生态系统，它绝对值得一看。请记住在投入之前先进行自己的研究。毕竟，没有人愿意在音乐停止时独自承担责任！