🚨 $STRK IS DOWN 99% FROM ITS ATH — BUT IS THERE A REAL CATALYST?
At $0.0439, STRK is trading nearly 99% below its $4.41 all-time high.
But the bigger question isn't how far it has fallen. It's whether the token can capture value from the network.
Here's what I'm watching:
Starknet reportedly generates around $8K in daily sequencer fees — but that revenue doesn't automatically flow to STRK holders.
On October 8, Starknet floated the possibility of evolving into an L1 by 2027. No governance vote has been confirmed.
Its quantum-ready proof technology could add to the long-term narrative, but technology alone doesn't guarantee token demand.
Around 127M STRK tokens in monthly unlocks remain a potential supply overhang.
My view: Two developments could change the investment thesis:
A clear fee-capture mechanism that creates direct value for STRK.
A concrete governance proposal outlining the potential L1 transition.
Until then, the gap between Starknet's technology and STRK's token value remains the key issue.
👀 Are you watching STRK for a potential turnaround, or do token unlocks and weak value capture keep you away?
At $0.0439, STRK is trading nearly 99% below its $4.41 all-time high.
But the bigger question isn't how far it has fallen. It's whether the token can capture value from the network.
Here's what I'm watching:
Starknet reportedly generates around $8K in daily sequencer fees — but that revenue doesn't automatically flow to STRK holders.
On October 8, Starknet floated the possibility of evolving into an L1 by 2027. No governance vote has been confirmed.
Its quantum-ready proof technology could add to the long-term narrative, but technology alone doesn't guarantee token demand.
Around 127M STRK tokens in monthly unlocks remain a potential supply overhang.
My view: Two developments could change the investment thesis:
A clear fee-capture mechanism that creates direct value for STRK.
A concrete governance proposal outlining the potential L1 transition.
Until then, the gap between Starknet's technology and STRK's token value remains the key issue.
👀 Are you watching STRK for a potential turnaround, or do token unlocks and weak value capture keep you away?
