SPK Airdrop Upgrade and Tech Adoption Drive SPK_USDT to Nearly 7x Surge!

Airdrop Mechanism Optimization: Extended Lock-Up Period Heightens Market Scarcity

The Spark project has recently rolled out phase two of its Ignition airdrop campaign, requiring participants to complete token lock-up by July 29 and maintain their holdings through August 12 to qualify for additional rewards.

The mechanism substantially reduces SPK’s circulating supply. Key impacts include:

• A pronounced drop in the volume of SPK available for sale;
• Increased buying and lock-up participation from new users;
• A short-term supply squeeze that’s fueling upward price momentum.

The lock-up policy not only encourages long-term holding but also lengthens the token’s holding period, making demand from buyers the dominant market force.

Mainnet Upgrade Complete: Unlocking Real Technical Value

Source: https://www.gate.com/trade/SPK_USDT

On July 21, the Spark network executed a major technical upgrade, introducing:

• A new consensus mechanism to boost processing efficiency,
• Automated matching model integration for a smoother on-chain trading experience, and
• An on-chain governance system allowing user-driven decision-making.

With these upgrades, SPK transitions from merely an “airdrop token” to a fully functional DeFi project, and now offers programmability and community governance. This shift prompts investors to re-evaluate its long-term value proposition.

TVL Surge and Capital Rotation Accelerate Upward Momentum

As ETH and BTC reach local highs, market capital is rotating into lower market-cap assets. Thanks to strong market buzz and the enforced lock-up period, SPK has attracted significant investor attention.

Spark’s total value locked (TVL) has now exceeded $8.15 billion, signaling a sharp increase in on-chain activity and further boosting market confidence.

Continuous capital inflows and a robust project narrative reinforce each other and accelerate the pace of price appreciation.

Market Outlook and Investment Guidance

While SPK’s recent rally has a solid structural foundation, investors should keep the following risks in mind:

• Potential short-term selling pressure following airdrop unlocks,
• The project’s ability to deliver ecosystem milestones in line with market expectations, and
• Short-term correction risks driven by elevated volatility.

We recommend that new investors build their positions gradually and rigorously manage position size. Pay close attention to the 0.03–0.035 USDT support level and 0.05–0.06 resistance range.