Spark’s ticket rebounded on Friday, July 25, because the provision of its tokens on exchanges plummeted, its total ticket locked increased, and following its integration with THENA.
- Spark ticket rebounded as alternate balances dropped to a legend low.
- The token also jumped as its total ticket locked rallied to $8 billion.
- Spark Network was also integrated on THENA.
The Spark (SPK) token ticket jumped by over 15%, reaching an intraday excessive of $0.1335. This rebound brought its market capitalization to nearly $130 million.
Spark rebounds as alternate balances drop
The SPK token jumped on Friday as third-occasion details showed that alternate reserves persevered their downward building, a signal that customers are no longer dumping it. There for the time being are 382 million tokens on exchanges, down from 613 million on Monday.
Further details means that high buyers have persevered to amass the Spark token. They now hold over 9.97 billion tokens, worthy larger than this week’s low of 9.77 billion.
Further, more Spark holders are transferring their tokens to their staking swimming pools. Over 136 million tokens by over 3,400 customers have been staked it, a resolve that’s rising by the day.
The ongoing accumulation is seemingly due to its fundamentals, as Spark is one of the ideal players in decentralized finance. In accordance with DeFi Llama, the total ticket locked is over $7.93 billion, representing a 26% amplify in the final 30 days.
All aspects of its enterprise are rising. The Spark Liquidity Layer’s resources jumped by $126 million to $4.4 billion, while its savings and lending total ticket locked stood at $2.36 billion and $4.46 billion, respectively.
This development also can continue after the firm is listed on THENA, the third-ideal decentralized alternate on the BNB Chain.
$SPK launched with a colossal bang, and now @sparkdotfi joins THENA!$THE rewards for liquidity suppliers have already kicked in.
Alternate on characteristic and perps. Stake, vote, and design. pic.twitter.com/2DEaOsKP5j
— THENA (@ThenaFi_) July 24, 2025
Collected, there may perchance be a chance that the ongoing Spark crypto ticket rebound is a dead cat leap. A DCB is a problem where an asset in a freefall bounces motivate temporarily as buyers aquire the dip, simplest to resume the downtrend.
SPK ticket technical prognosis
The four-hour chart presentations that the SPK ticket peaked at $0.1898 on July 23 and then plunged by 52% to a low of $0.09052 on Thursday. This decline was seemingly due to the the ongoing crypto shatter and profit-taking after the asset jumped by over 500% within just a few days.
Spark token dropped to a low of $0.09075, which was alongside the 61.8% Fibonacci Retracement diploma. This retracement level is mostly recognized because the golden ratio, because it is where most rebounds usually occur.
Spark ticket also rebounded after forming the hammer candlestick, which is made up of a minute body and an extended lower shadow. A hammer is seemingly the most neatly-appreciated bullish reversal patterns.
Attributable to this truth, the in all likelihood scenario is where Spark continues its rebound and reaches the all-time excessive of $0.1898. A tumble beneath the lower aspect of the hammer will verify that here is a dead-cat leap and end result in additional scheme back.
