STRK has gone from $0.049 to $0.104 since Starknet said on Oct 8 that it is "actively considering becoming an L1." By our math that's a 112% move and about $414M of new market value.
There is still no proposal or governance vote, and the post didn't say how apps and users would move over. The post set 2027 as the target for Starknet to be fully quantum-resistant. StarkWare CEO Eli Ben-Sasson argued that an L2 can only be as quantum-safe as Ethereum, which he said is aiming for the end of 2029.
Volume moved more than the price. STRK's 24-hour volume was about $58M just before the post. Today it's about $672M, 11 times higher and 86% of the token's market cap.
The rally also doubled the value of the next insider unlock. On Oct 15, 127M STRK unlock for investors and early contributors under Starknet's published schedule. That tranche was worth about $6.2M at the pre-post price and about $13.2M at today's, and the same amount unlocks every month until March 2027.
Even after the run, STRK is about 98% below its $4.41 high from February 2024.
No proposal yet. 127M STRK unlock in four days.
$STRK
#Starknet #Altcoins
NFA. DYOR.
There is still no proposal or governance vote, and the post didn't say how apps and users would move over. The post set 2027 as the target for Starknet to be fully quantum-resistant. StarkWare CEO Eli Ben-Sasson argued that an L2 can only be as quantum-safe as Ethereum, which he said is aiming for the end of 2029.
Volume moved more than the price. STRK's 24-hour volume was about $58M just before the post. Today it's about $672M, 11 times higher and 86% of the token's market cap.
The rally also doubled the value of the next insider unlock. On Oct 15, 127M STRK unlock for investors and early contributors under Starknet's published schedule. That tranche was worth about $6.2M at the pre-post price and about $13.2M at today's, and the same amount unlocks every month until March 2027.
Even after the run, STRK is about 98% below its $4.41 high from February 2024.
No proposal yet. 127M STRK unlock in four days.
$STRK
#Starknet #Altcoins
NFA. DYOR.