Starknet Price Forecast: STRK Rallies 16% as $0.10 Target Comes Into Focus

Starknet (STRK) climbed 16% on Friday, extending a sharp recovery as traders assessed a proposed shift from an Ethereum-based Layer-2 network to an independent Layer-1 blockchain. The proposal, raised by StarkWare CEO Eli Ben-Sasson, focuses on accelerating the network’s preparations for quantum-computing and artificial-intelligence-related security threats. STRK traded above $0.064 during the rally, while its technical structure pointed toward a possible test of the $0.10 psychological level. However, the token’s overbought momentum raises the risk of a short-term pullback.

Starknet Weighs Layer-1 Transition

Starknet is currently a Layer-2 network built on Ethereum, using cryptographic proofs to help scale transactions while relying on Ethereum for important aspects of its underlying security.

On Thursday, Ben-Sasson raised the possibility of turning Starknet into an independent Layer-1 blockchain, allowing the network to control its own security upgrades and respond more quickly to emerging technological threats. The proposal identifies 2027 as a target for achieving quantum-resistant security.

The idea remains under consideration rather than a finalized network upgrade. A transition would require significant technical and governance decisions, and the outcome is not guaranteed.

The announcement has arrived as investors increasingly assess blockchain security, privacy and the long-term resilience of cryptographic systems. However, the connection between demand for financial anonymity and STRK’s rally remains a market interpretation rather than a confirmed cause of the price increase.

STRK Breakout Puts $0.10 in Focus

STRK extended its recovery from the August 18 low of $0.02222, gaining nearly 200% from that level according to the supplied report. The token moved above the previous resistance zone around $0.05944–$0.05970, an area that had capped earlier advances.

The daily chart shows STRK trading above its 50-day, 100-day and 200-day exponential moving averages (EMAs), located near $0.03945, $0.03604 and $0.04127, respectively. This alignment supports a bullish medium-term trend.

Fibonacci extension analysis identifies potential upside levels if STRK confirms a breakout above $0.06000:

• $0.07768: The 127.2% Fibonacci extension.
• $0.10000: A major psychological milestone.
• $0.10918: The 161.8% Fibonacci extension.

These levels are potential technical reference points, not guaranteed price targets.

Overbought Signals Raise Pullback Risk

Momentum indicators remain positive, but they also suggest the rally may be stretched. The daily Relative Strength Index (RSI) is near 72, above the conventional 70 threshold associated with overbought conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) remains above its signal line, indicating that upward momentum is still present.

A high RSI does not automatically signal a reversal, particularly during a strong trend. Nevertheless, traders may watch whether STRK can hold its breakout zone during any consolidation.

On the downside, key levels include:

• $0.05000: Initial psychological support.
• $0.04825: Wednesday’s reported low.
• $0.04127: The 200-day EMA and a deeper support reference.

Conclusion

STRK’s rally combines improving technical momentum with renewed attention to Starknet’s proposed Layer-1 transition and quantum-security ambitions. A sustained move above $0.06000 could open the way toward $0.07768 and potentially $0.10. However, the elevated RSI leaves room for volatility and profit-taking. The proposal’s eventual development, alongside price action around resistance and support, will be important in determining whether the rally can continue.