Spark (SPK) surges 85.24% in 24 hours, hitting $0.14 with $6.13B in trading volume.

Airdrop Phase 2 fuels momentum, driving community growth and strong bullish sentiment.

Speculation over MakerDAO’s involvement boosts long-term confidence in Spark’s DeFi future.

Spark (SPK), the potential DeFi altcoin, has impressive breakout looks after a string of volatility in the entire market over the past few weeks. With macroeconomic stress diminishing, Spark is rising in tandem with the crypto market’s reversal. Buyers and sellers are now awaiting a complete reversal from previous prices.

Currently, Spark (SPK) is trading at $0.1369 with the help of 24-hour volume at $6.13 billion. The token’s market cap comes out at $148.51 million, showing the development in its presence within the marketplace. In the last 24 hours, SPK has added a massive 85.24%.

This rally comes after numerous weeks of crypto price volatility triggered by macroeconomic developments worldwide. But SPK has gained popularity fast as the sentiment in the wider market recovers.

One major reason behind Spark’s success is its current Airdrop Phase 2, triggering vigorous user activity. Airdrops typically boost liquidity and attract new holders, and Spark’s plan is paying off. Growing community participation is fostering the growing bullish sentiment towards the token.

One other important fact is the purported incubation by MakerDAO, the name in DeFi. This has fortified confidence in the long-term future for SPK. MakerDAO speculation of the market-making role is increasing amid the latest price activities.

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Spark Crypto Gains Momentum with $80M Market Cap

Popular trader Mac pointed out Spark’s continued rise on X (formerly Twitter), commenting, “Been waiting all day for entry, but it just keeps going.” He noted the strength behind the SPK momentum and the low market cap potential. His observation, “$80M market cap, there are still opportunities if you research,” has sparked interest.

Crypto commentator Bradicoin even opined on Spark’s spectacular weekly gains, stating, “SPK Price Doubles in a Week: How Airdrop Phase 2 is Driving the Price Rally.” His statements further created a stir about the token on social media. As the word gains traction, more trader attention is being attracted.

Now that Spark has doubled in price in the past week, the potential for additional gains seems good. With the right market conditions in place, SPK may continue receiving inflows and outpace the competition. The tailwind from the airdrop and hype from the community may push it into uncharted territory.

As the price gains traction, the audience waits in anticipation for the follow-through. Will SPK establish a new range, or is this the beginning of something more significant in the form of a larger breakout? Either way, SPK has been one of the most talked-about altcoins in the current crypto cycle.

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Filed under: Bitcoin - @ July 23, 2025 4:25 pm