币界网报道：Spark Protocol's native token SPK surged 25% as its Total Value Locked (TVL) approaches an all-time high, signaling growing investor confidence in the decentralized finance platform. The protocol, built on Ethereum, offers lending and borrowing services with competitive interest rates. Recent platform upgrades and strategic partnerships have contributed to increased adoption, driving both token price and TVL upward. Analysts note the platform's innovative liquidation mechanism and risk management features as key differentiators attracting institutional interest. The SPK token's utility within Spark's ecosystem, including governance rights and fee discounts, has further fueled demand amid broader market recovery in DeFi sectors.