STRK(Starknet)24 hours pump 23.91%

Gate News Bot news, November 20, according to CoinMarketCap data, as of the time of writing, STRK( Starknet) is currently priced at $0.27, with a pump of 23.91% in the last 24 hours, reaching a high of $0.27 and a low of $0.13. The current market capitalization is approximately $1.214 billion, an increase of $234 million compared to yesterday.

Starknet is the Bitcoin DeFi layer, supported by ZK technology. It leverages the power of STARK technology to ensure computational integrity, validating off-chain transactions through advanced mathematics and cryptography, overcoming Ethereum's scalability limitations. Starknet is a validity aggregator, providing infinite scalability while retaining the security and decentralization of Ethereum.

Important news about STRK recently:

1️⃣ Gate launches STRK staking quick redemption feature The Gate platform will officially launch the on-chain fast redemption feature on November 11, 2025, initially supporting STRK staking. Users can receive funds within 10 minutes after submitting a redemption request, but must pay the corresponding fee. This feature significantly enhances the flexibility of STRK staking and is expected to attract more investors, potentially increasing the demand and liquidity of STRK.

2️⃣ Gate Yubi Bao adds new STRK fixed investment products Gate exchange has launched a fixed-term financial product for STRK tokens, offering three lock-up period options of 7 days, 14 days, and 30 days. This initiative enriches the investment options for STRK, providing holders with new revenue channels, which may increase the holding demand for STRK, thereby supporting its price performance.

3️⃣ STRK price fluctuates significantly in the short term STRK has experienced significant price volatility over the past week. On November 10, STRK saw a single-day rise of over 50%, followed by a drop of 16.53% on November 12. In the last 24 hours, STRK has seen a rise of 23.91%. This extreme price fluctuation reflects the market's high attention to STRK while also suggesting a higher investment risk.

From a technical perspective, the STRK price has regained upward momentum after a short-term correction, and the current price has broken through previous highs. However, considering the recent significant volatility, investors still need to be vigilant about potential correction risks. On the fundamental side, the new features and products launched by the Gate platform have increased the utility and potential demand for STRK, which may be the main factor driving the recent price rise.

This message does not constitute investment advice; investors should be aware of market volatility risks.