A few months ago it was revealed there was a "secret project" to increase it's liquidity, perhaps this was it. This wSTA is an ingenious idea, instead of bagholding STA, people will provide it liquidity since it's the better play, which boosts it's burn mechanism.
In one single day, the wSTA/STA liquidity has surpassed by twice the amount in the Balancer pools, which increases the burn rate, which boosts it's upward pressure. Add this to the fact whales have not entered the game yet, and perhaps we can conclude $10 was FUD after all