analysis

Ethereum L2 Starknet Jumps 20% After Saying It Wants to Become an L1

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Starknet said it is actively considering becoming its own blockchain and set 2027 as the target for becoming the first fully quantum-resistant network. STRK moved in trading after that statement, with one report putting it near $0.073 alongside $431.02 million in 24-hour volume.

Key claims & sources

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Starknet said it is actively considering becoming its own blockchain.
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Starknet said it is targeting 2027 to become the first fully quantum-resistant network.
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STRK traded near $0.073 with $431.02 million in 24-hour volume.

What it means

Users and holders watching Starknet and STRK notice a fresh shift in the project’s direction today because Starknet is actively considering becoming its own blockchain. The same announcement also sets a 2027 target for a fully quantum-resistant network, which is the timeline now attached to that change.

Market reaction i

EthereumETH the event is about this asset
first headline
+0.2% 2 h before
-0.7% 4 h after
$2,494price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 9 16:36

Where this sits in the Ethereum series

WhenWhat happenedFigure
1.1 years ago ETH at $4,245 high today it sits -47.5% from there
4 months ago ETH at $1,566 low today it sits +42.4% from there

From what we have stored, starting 1.1 years ago.