$STRK IS DOWN MORE THAN 10% TODAY.
THE MARKET IS NOW TESTING HOW MUCH OF THE L1 NARRATIVE WAS ALREADY PRICED IN.**
Since 00:00 UTC+3:
$0.11606 → $0.10397
Actual move:
-10.42%
Rolling 24H:
-7.55%
Today’s high:
$0.12650
Binance Spot turnover:
$31.35 MILLION
The most discussed explanations are profit-taking after STRK’s extraordinary rally and concerns about its approaching token unlock.
On October 8, Starknet confirmed it was actively considering becoming an independent Layer 1.
The motivation is faster progress toward quantum-resistant security.
But an independent L1 has NOT been approved.
And the project has another major event approaching.
Token Unlocks-based calendars list approximately:
127 MILLION STRK
scheduled for:
OCTOBER 15
Equivalent to approximately:
3.37% of circulating supply.
That is a meaningful upcoming supply event.
However, a scheduled unlock is not proof of selling.
L1 consideration: CONFIRMED.
L1 transition approved: NO.
October 15 unlock: SCHEDULED.
Today’s decline caused by unlock selling: NOT CONFIRMED.
Watch whether STRK stabilizes before the scheduled release and whether any tokens subsequently reach exchange wallets.
THE MARKET IS NOW TESTING HOW MUCH OF THE L1 NARRATIVE WAS ALREADY PRICED IN.**
Since 00:00 UTC+3:
$0.11606 → $0.10397
Actual move:
-10.42%
Rolling 24H:
-7.55%
Today’s high:
$0.12650
Binance Spot turnover:
$31.35 MILLION
The most discussed explanations are profit-taking after STRK’s extraordinary rally and concerns about its approaching token unlock.
On October 8, Starknet confirmed it was actively considering becoming an independent Layer 1.
The motivation is faster progress toward quantum-resistant security.
But an independent L1 has NOT been approved.
And the project has another major event approaching.
Token Unlocks-based calendars list approximately:
127 MILLION STRK
scheduled for:
OCTOBER 15
Equivalent to approximately:
3.37% of circulating supply.
That is a meaningful upcoming supply event.
However, a scheduled unlock is not proof of selling.
L1 consideration: CONFIRMED.
L1 transition approved: NO.
October 15 unlock: SCHEDULED.
Today’s decline caused by unlock selling: NOT CONFIRMED.
Watch whether STRK stabilizes before the scheduled release and whether any tokens subsequently reach exchange wallets.