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Sign InThe STRK token surged 15% to reach $0.043, driven by the rollout of the Shinobi upgrade and a massive 120% spike in daily trading volume. This price rally follows Starknet's v0.14.2 deployment, which introduced native support for shielded assets to enhance financial privacy. Investor participation intensified as open interest in Starknet derivatives climbed to $46 million. The rally coincided with a broader market recovery fueled by the US–Iran ceasefire extension and Bitcoin surpassing the $79,000 milestone. Meanwhile, Layer 2 competitors like Taiko and Optimism continue to advance their technical infrastructure, signaling an intensifying race for institutional adoption within the DeFi ecosystem.