Starknet’s STRK token rose 28% to about $0.055 after consolidating near $0.041 for more than a week and breaking above the $0.05 resistance level. The move took the token to a five-month high. Trading volume jumped 321% to $186 million over the same period, while market capitalization increased 30%, surpassed $400 million and returned STRK to CoinMarketCap’s top 100. Existing coverage linked the rally to interest in Starknet’s privacy-related applications and derivatives trading.