Starknet’s STRK token gives back gains as DeFi weakness meets profit-taking

The token fell between 38% and 48% in a week after a roughly 385% run fueled by talk of an independent post-quantum Layer 1 Starknet ’s STRK token spent late September and early October doing its best rocket impression. Then gravity filed a complaint. After climbing about 385% in under four weeks, STRK dropped somewhere between 38% and 48% over the following week. By October 19, 2026, it was trading around $0.057 to $0.060, well below its recent high. The pullback lands while a community vote on Starknet’s future is still open. That vote asks whether to explore turning the Ethereum Layer 2 into its own independent blockchain. The rally’s math is eye-catching. STRK sat at approximately $0.026 in mid-September. Around October 11-12, it peaked near $0.1268.