STRK Sinks 38% in a Week as Starknet Rally Reverses

Starknet's STRK token dropped 38% over the past week, reversing a prior rally. The network's DeFi total value locked fell a smaller 5.3%, and a vote on research into an independent Layer 1 remains open until Oct. 22. The sharp token decline signals fading momentum and could pressure holders, though the smaller TVL drop suggests capital has not fled the ecosystem as fast as price.