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STRK Climbs 30% as Starknet Weighs Shift to Layer 1

The rally outpaced Bitcoin and Ether as daily trading on Starknet’s decentralized exchanges rose to about $33.7 million.

By Enna Lee
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Faceted metal token beside a stepped stone bridge model / TokenPost.ai
Faceted metal token beside a stepped stone bridge model / TokenPost.ai

STRK climbed 30% while Starknet evaluated a possible move away from Ethereum-based scaling, outperforming Bitcoin and Ether.

The move came as daily trading on Starknet’s decentralized exchanges rose to about $33.7 million. Decentralized exchanges allow users to trade crypto assets directly through blockchain-based systems rather than through a centralized platform.

Starknet currently operates as a layer-2 network built on Ethereum. The rise in decentralized-exchange activity provided additional market context for STRK’s move.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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