Spark Crypto Price continued his downward trend while the sentiment in the cryptocurrency industry weakened.
Summary
- Spark Token Price continued his strong downward trend on Friday.
- The intervening of SPK Staken continued and reached 137 million.
- Whale and smart money investors have continued to collect.
SPARK (SPK) -token fell to $ 0.082, the lowest level since July 29 and 55% below the highest point in July. Market capitalization has fallen from a peak of $ 188 million to $ 127 million.
Buy whales SPK if the appearance of the inflow rises
The price of Spark fell in the midst of continuous weakness in the crypto industry, with the combined market capitalization of all the coins that fell to $ 3.9 trillion.
Yet the strong basic principles will probably help bounce back in the short term. Data about the website Show that more users set up their SPK tokens. There are now 4,400 users who have collected 217.13 million tokens worth more than $ 18 million.
The rising market capitalization is a sign that investors are optimistic about a cryptocurrency and are willing to hold it for the long term. Some investors who assign capital to sparks are whales and smart money participants. Nansen -Data show that whale companies have risen by 62% to 11.28 million in the last 30 days.
Smart money investors now have 3.63 million SPK tokens, a monthly increase of 530%. These participants are often more advanced than regular retail investors.
Spark also sees an increased activity as the demand for credit products grows. Tokenenterminal data show that the total deposits have risen to a record high this year, with Momentum that is still building. The Spark savings platform now has $ 2.4 billion in assets, a figure that continues to grow.
🚨 BREAKING: Total deposits into lending protocols are at an all-time high of $100 billion. pic.twitter.com/e4uwFZloeN
— Token Terminal 📊 (@tokenterminal) August 13, 2025
Spark’s total value has also climbed and reaches a record high of $ 8.35 million. This growth has led to increased network costs. The platform has generated $ 85 million in the last 12 months and $ 7 million in the last 30 days.
Spark Crypto Price Technical Analysis
The four -hour graph shows that SPK assumed $ 0.1350 on 4 August to $ 0.082. It has formed a double bottom pattern for $ 0.082, with its neckline at $ 0.1350.
The MACD indicator started forming a bullish divergence pattern, while the relative strength index has moved to the over -sold -up level.
That is why the SPK price will probably return and the neckline may re -test at $ 0.1350, which is 65% above the current level.
