STRK fell 57% in four weeks.
According to The Defiant, Starknet’s recent rally has been erased: after Extended moved its settlement to Arc, Starknet’s DeFi TVL fell to $35.8 million. Its proposed transition to Layer 1 remains at the research stage.
· TVL refers to the amount of DeFi assets locked on Starknet; settlement moving elsewhere does not mean other on-chain activity disappears too.
· “The Layer 1 transition remains at the research stage” means there is no publicly announced timeline for implementation, so it should not be treated as a confirmed roadmap.
Are you more concerned about the drop in TVL or the changes in fund flows caused by the settlement migration?
$STRK
According to The Defiant, Starknet’s recent rally has been erased: after Extended moved its settlement to Arc, Starknet’s DeFi TVL fell to $35.8 million. Its proposed transition to Layer 1 remains at the research stage.
· TVL refers to the amount of DeFi assets locked on Starknet; settlement moving elsewhere does not mean other on-chain activity disappears too.
· “The Layer 1 transition remains at the research stage” means there is no publicly announced timeline for implementation, so it should not be treated as a confirmed roadmap.
Are you more concerned about the drop in TVL or the changes in fund flows caused by the settlement migration?
$STRK
