SPK is up 330% in three days as Spark attracts billions in TVL. SPK rallied after the Ignition Airdrop, fanned by the Overdrive Part and trade listings.
DeFi tokens are again in focus. Whereas Hyperliquid and prime Ethereum synthetics are trending, mirroring Ethereum’s stellar efficiency, consideration is rapidly shifting to Spark.
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SPK Crypto Rallying, Up 220% in 3 Days
SPK, the governance token of Spark, is likely one of the finest cryptos to purchase now, gaining a powerful 220% in three days.
This surge has pushed to contemporary all-time highs, extending features from early July and breaking above June 2025 highs.
At spot charges, the trail of least resistance is northward.
On the each day chart, SPK crypto soared to as excessive as $0.188 earlier at the moment earlier than retracing.
Nevertheless, previously 24 hours, SPK is up 80%, doubling from yesterday when costs peaked, outperforming prime Solana meme cash.
For now, the native assist is on the June 2025 highs, and so long as this stage holds, consumers will stay in management. SPK crypto might soar to new ranges within the coming days.
What’s Spark Crypto?
Spark is a DeFi protocol designed to optimize stablecoin yields.
The platform goals to make DeFi extra environment friendly by way of its array of merchandise.
SparkLend gives a stablecoin lending market the place SPK holders vote on lending charges.
The product is stabilized by the Spark Liquidity Layer (SLL), an answer that automates capital throughout a number of Ethereum layer-2s, together with Optimism and Base.
Merely put, SLL optimizes yield era whereas guaranteeing SparkLend receives constant liquidity.
In addition to lending, customers can save by way of Spark Financial savings. They will deposit stablecoins, resembling USDC and USDS, to earn aggressive yields. Spark Financial savings may also combine with different DeFi protocols.
Spark operates as a “Sky Star,” a subDAO throughout the Sky Protocol, previously MakerDAO.
To learn its holders, Spark leverages the Sky Protocol’s stablecoin reserve.
Consequently, the protocol can deploy capital effectively throughout DeFi, CeFi, and real-world property.
Behind this ecosystem is SPK, primarily used for governance. Energetic holders, resembling these taking part in staking, can earn Spark Factors for added SPK rewards.
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Why is SPK Crypto Rallying?
The catalyst behind the latest surge was the completion of the Ignition Airdrop on June 17.
Welcome to the Spark Ignition Airdrop.
It’s the launch second for a brand new period of decentralized finance.
Recognizing the visionaries. The believers. Those who noticed the long run.
Ignition Part 1 eligibility checker is now reside.
See if you happen to’re eligible 👇 pic.twitter.com/mk8aAXkRlm
— Spark (@sparkdotfi) June 12, 2025
By this airdrop, 200–300 million SPK tokens have been distributed to early adopters, sparking FOMO.
Whereas costs briefly dipped, the restoration was robust because of the ongoing Overdrive Part, which requires SPK holders to stake between July 29 and August 12.
Overdrive is for those who staked, stayed & believed.
It is the 2nd part of the airdrop, the place you’ll be able to stake your SPK by way of @symbioticfi and get a share of the unclaimed Ignition SPK.
Here is how to make sure you qualify👇 pic.twitter.com/6KHwdTvATw
— Spark (@sparkdotfi) June 18, 2025
Stakers obtain further SPK tokens primarily based on their collected Spark Factors.
Presently, over 3,000 stakers have locked up practically 130 million SPK.
(Supply: Spark)
Spark additionally rewards customers who deposit sUSDC on Spark Financial savings on the OP Mainnet and Unichain.
In a put up on X, Spark introduced that they’re emitting roughly 76,000 OP tokens weekly, boosting savers’ yields.
We Simply Unlocked Extra OP Rewards ⚡️
Spark is now emitting:
~ 76,000 OP/week~ boosting APY to 4.42% at present TVL
No lockups. No gimmicks. Simply pure @Optimism rewards on Spark!
Now reside until finish of 2025. Begin now 👇https://t.co/r70dq71MVL pic.twitter.com/OUEXZgaPBu
— Spark (@sparkdotfi) July 22, 2025
Moreover, SPK crypto acquired a liquidity increase after being listed on main exchanges, together with Coinbase and Binance. The rallying SPK costs attracted hundreds of thousands of merchants throughout these platforms, desperate to experience the upward wave, additional fueling FOMO.
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SPK Crypto Up 220% in 3 Days: Why is Spark Rallying
SPK crypto up 220% in three days
SPK buying and selling at contemporary all-time highs
Spark accomplished Ignition Airdrop
Overdrive Part ongoing
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