Today $STRK sharply rose despite the overall trend; the main driver was the founder’s proposed concept of “L1 quantum security,” complemented by favorable news from the BTCFi ecosystem and support for spot purchases.
Key catalyst: the shift from L2 to L1 with the concept of “quantum security”
The most immediate trigger today was CEO of StarkWare Eli Ben-Sasson’s appearance at Token2049, where he presented a solution for post-quantum security and cryptographic flexibility. He clearly stated that Starknet is considering a move to L1 in order to independently control the security migration and become “the first fully quantum-attack-resistant network,” with the goal of implementing the upgrade as early as 2027.
This concept addresses the market’s current long-term concerns about threats from quantum computing to cryptography in the AI era. Compared with Ethereum’s plans to achieve full quantum resistance by 2029, Starknet’s timeline is more ambitious, giving the market a differentiated technical narrative.
Support for spot buying, no leverage
Today STRK’s rise reached 28%, but the funding rate was only +0.0015%, indicating that there isn’t any broad leverage-driven position building. Such a “spot-driven rally” means the price increase was caused by active buying rather than an artificial spike via leveraged contracts, which reduces the likelihood of false breakouts and increases the chances of the rally continuing.
It is necessary to recognize the contradictions
The driver of this growth is the narrative and sentiment, not an improvement in protocol revenues.
In addition, on October 15 the next stage of token unlocking is expected.