$STRK has risen for two days in a row. It dipped a little yesterday, but that didn’t affect the rally at all.
The reason is simple: this old project has a new story. Starknet is considering moving beyond being just an Ethereum Layer 2 and becoming an independent Layer 1 blockchain focused on quantum-resistant security.
After the news broke, STRK surged more than 40% in a single day. The potential upside looks substantial, even though STRK had fallen heavily before.
If the transition to an independent blockchain gradually takes shape, the token could have a chance to be revalued.
If you’re already holding STRK, you can take profits in stages while keeping a small position to see how the transition progresses.
If you haven’t bought in yet, don’t chase the rally. Wait and see if the price falls back to the 0.062–0.064 range. If it stabilizes there and then moves higher on increased volume, consider buying in.
⚠️ Note that STRK has a token unlock on October 15: around 127 million tokens, or 1.3% of the total supply.
An unlock doesn’t necessarily mean the tokens will be sold and trigger a sell-off, but keep an eye on it if you’re trading in the short term. Watch to see whether the market can absorb the selling pressure.
The reason is simple: this old project has a new story. Starknet is considering moving beyond being just an Ethereum Layer 2 and becoming an independent Layer 1 blockchain focused on quantum-resistant security.
After the news broke, STRK surged more than 40% in a single day. The potential upside looks substantial, even though STRK had fallen heavily before.
If the transition to an independent blockchain gradually takes shape, the token could have a chance to be revalued.
If you’re already holding STRK, you can take profits in stages while keeping a small position to see how the transition progresses.
If you haven’t bought in yet, don’t chase the rally. Wait and see if the price falls back to the 0.062–0.064 range. If it stabilizes there and then moves higher on increased volume, consider buying in.
⚠️ Note that STRK has a token unlock on October 15: around 127 million tokens, or 1.3% of the total supply.
An unlock doesn’t necessarily mean the tokens will be sold and trigger a sell-off, but keep an eye on it if you’re trading in the short term. Watch to see whether the market can absorb the selling pressure.