STRK, the token tied to Starknet, rose 18.1% over the past 24 hours and moved above $0.06, according to HTX market data cited by BlockBeats on Oct. 8. The move came alongside a series of Starknet-related developments highlighted in recent days.
At Token2049, StarkWare CEO Eli Ben-Sasson said blockchains need post-quantum readiness and cryptographic agility in response to threats from quantum computing and AI. He also said Starknet is weighing several options, including a shift to Layer 1, so it can drive its own security migration.
Earlier updates included a strkBTC incentive announced on Oct. 2, under which the first 100 bridged BTC would have bridging fees covered and receive a weekly faucet. On Oct. 5, version 0.14.4 went live on mainnet, expanding SNIP-36 single-proof capacity to about 1.1 billion L2 gas.
STRK, the token associated with Starknet, rose 18.1% over the past 24 hours and broke above $0.06, according to HTX market data cited by BlockBeats on Oct. 8.
On the news side, StarkWare CEO Eli Ben-Sasson said at Token2049 that blockchains need post-quantum readiness and cryptographic agility in the face of threats from quantum computing and AI. He said Starknet is considering several options, including becoming an L1, so it can independently push forward its security migration.
Earlier developments also drew attention. On Oct. 2, strkBTC introduced an incentive program that covers bridging fees for the first 100 bridged BTC and provides a weekly faucet. On Oct. 5, v0.14.4 went live on mainnet, increasing SNIP-36 single-proof capacity to about 1.1 billion L2 gas.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
