$STRK Based on the latest indicators as of December 2, 2024, here is the assessment of StarkNet (STRK):

Current Situation

• Current price: STRK is trading at around 0.57 USD, maintaining a support range around 0.40 - 0.45 USD, which is a previous price accumulation area. Important resistance is at 0.63 USD; if surpassed, the price could reach higher targets such as 1.35 USD and further at 2.63 USD 

• Trading volume: In the past 24 hours, STRK has reached a trading volume of 99 million USD, indicating strong liquidity on exchanges like Binance, KuCoin, and Kraken

Whale Wallet Activity

• Large wallets are accumulating STRK mainly at an average price of 0.40 - 0.50 USD, focusing on the recent accumulation phase. This activity is usually a positive signal, indicating confidence in the long-term potential of the coin

Price Growth Drivers

1. Technological support: STRK is the token of StarkNet, a Layer 2 solution utilizing STARKs technology to enhance the capabilities of Ethereum without compromising security or decentralization. This generates significant interest from the community and developers

2. Market trends: Technical analysis indicates that STRK is breaking out of the accumulation phase and may enter a strong upward trend if it surpasses the important resistance level

3. Market sentiment: Although it has previously faced selling pressure from past airdrops, market sentiment is gradually improving as STRK shows signs of a breakout. If the overall market maintains an upward trend, STRK could continue to be pushed higher

Conclusion

With positive factors from technology, market sentiment, and participation from whale wallets, STRK has the potential for price growth in the medium term.