$STRK is the number one trending token on the list today, up 26.3% in a session and 70.8% over the week, and the reason is not technical.
On October 8 the founder of the team behind the network, Eli Ben-Sasson, posted that the project is actively considering leaving its layer 2 role to become its own layer 1 chain, with the goal of being the first fully quantum resistant network, targeting 2027. Not confirmed yet. The timing is what matters: one day earlier, a researcher at the Ethereum Foundation warned that AI driven mathematics could break the signature scheme both major chains rely on in months rather than years. The market spent two days pricing quantum resistance and this token sits closest to that story.
Live numbers:
Price: 0.07341 USD
24h: +26.3%, high 0.07716, low 0.05466
7d: +70.8%
30d: +134.8%
Market cap: 543.8M USD, rank 110
24h volume: 425M USD
Volume says it is real buying, not a thin wick. The main USDT pair traded 53.1M USD today against an 8.7M average over the previous 30 days, six times normal, and today's 0.07716 is a new 30 day high.
The counterweight, measured rather than argued: the network collected 225,778 USD of fees over the last 30 days and holds 165M in total value locked. The market is paying 543.8M for a chain earning about 226,000 a month from usage. This is a repricing on a roadmap, not on demand.
Levels. Below price: 0.0625, yesterday's high, then 0.05466. Above price: 0.07716, today's high and the 30 day ceiling.
Context: STRK is 98.3% below its all time high of 4.41 from February 2024.
Follow me for daily market breakdowns.
#starknet #ethereum #altcoin #crypto
On October 8 the founder of the team behind the network, Eli Ben-Sasson, posted that the project is actively considering leaving its layer 2 role to become its own layer 1 chain, with the goal of being the first fully quantum resistant network, targeting 2027. Not confirmed yet. The timing is what matters: one day earlier, a researcher at the Ethereum Foundation warned that AI driven mathematics could break the signature scheme both major chains rely on in months rather than years. The market spent two days pricing quantum resistance and this token sits closest to that story.
Live numbers:
Price: 0.07341 USD
24h: +26.3%, high 0.07716, low 0.05466
7d: +70.8%
30d: +134.8%
Market cap: 543.8M USD, rank 110
24h volume: 425M USD
Volume says it is real buying, not a thin wick. The main USDT pair traded 53.1M USD today against an 8.7M average over the previous 30 days, six times normal, and today's 0.07716 is a new 30 day high.
The counterweight, measured rather than argued: the network collected 225,778 USD of fees over the last 30 days and holds 165M in total value locked. The market is paying 543.8M for a chain earning about 226,000 a month from usage. This is a repricing on a roadmap, not on demand.
Levels. Below price: 0.0625, yesterday's high, then 0.05466. Above price: 0.07716, today's high and the 30 day ceiling.
Context: STRK is 98.3% below its all time high of 4.41 from February 2024.
Follow me for daily market breakdowns.
#starknet #ethereum #altcoin #crypto