STRK rises by 80% in a week, Starknet considers L1 transformation
2026-10-12 13:10:45
CoinMeta data: The STRK token of Starknet has risen by over 80% in the past seven days, becoming one of the best-performing altcoins among the top 100 by market capitalization. The token reached a high of $0.126 on Sunday, its highest level since December last year. This rise began when the network announced on October 8th that it was "actively considering becoming L1," a move seen as a step towards becoming the first fully quantum-resistant network by 2027. Starknet stated that its security can only be comparable to Ethereum's. The CEO of Starkware, Eli Ben - Sasson, asked its followers whether they thought transitioning to L1 for "post-quantum flexibility" was a good idea. Ben-Sasson emphasized that Ethereum must "act quickly," otherwise, the option of becoming L1 could become a reality.
Source:Cryptopolitan
This content is for market information only and does not constitute investment advice.
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