Market News / Story
STRK Token Outperforms Bitcoin To Hit 9-Month High After Starknet Says It Is ‘Actively Considering’ Layer-1 Shift
Stocktwits ·
Stocktwits reports: Starknet’s (STRK) token rallied on Friday morning, outperforming Bitcoin (BTC) and climbing to a nine-month high in its biggest single-day gain in over a year after the network said it was considering becoming a Layer 1 blockchain to accelerate its push toward quantum resistance. “We are actively considering becoming an L1,” Starknet said in a post on X. “This would enable Starknet to become the first fully quantum-resistant network, with 2027 as our target.” STRK token…
Related stories
US dollar holds near 18-month high, euro lags as bond yields riseRead story summary
The dollar edged towards its strongest level in 18 months on Thursday, after minutes from the US Federal Reserve signalled policymakers viewed inflation as the biggest risk to their outlook, while higher oil prices and rising euro zone bond yields have weighed on the euro. The global bond selloff has been the dominant driver in currency markets in recent ...
VIEW SOURCE