Starknet (STRK) has experienced a dramatic price surge, with gains of +70% over the past week and an additional +38% in the last 24 hours, according to CoinGecko data. This rally has pushed STRK to new highs for the second half of 2025, reversing earlier losses and sparking bullish sentiment among traders.
The primary catalyst for this movement is the release of the S-Two prover by StarkWare on November 3, 2025. This fully open-source zero-knowledge prover is optimized for speed, privacy, and decentralization, enabling real-time validation of off-chain transactions before they settle on Ethereum. Eli Ben-Sasson, co-founder of StarkWare, emphasized that S-two represents expertise and innovation, facilitating the deployment of private decentralized applications (dapps) for shielded DeFi trades.
Technical analyst Captain Faibik predicts a potential 300% rally for STRK if it breaks a long-term downtrend line, with targets ranging from $0.62 to $0.65. As of November 10, STRK was trading around $0.1935, with a market cap nearing $884 million and 24-hour volume exceeding $203 million.
Beyond the prover launch, Starknet's ecosystem is expanding through a $16.5 million BTCFi incentive program aimed at attracting Bitcoin liquidity via tokens like tBTC and WBTC. Additionally, a bridge to Solana via Hyperlane allows assets such as SOL, BONK, PUMP, and TRUMP to flow into Starknet, enhancing cross-chain interoperability. Institutional support has grown, with Anchorage Digital now offering STRK storage and staking services since September.
