STRK Falls 38% in a Week as Starknet Rally Fades
Edited by Steinar Vigdel Kolnes, Editor, Oslo
STRK lost 38% over a week, while Starknet’s DeFi TVL declined 5.3% and a vote on researching an independent Layer 1 remained open.
Starknet’s STRK token dropped 38% over a week, reversing its recent rally, according to The Defiant.
The network’s decentralized finance total value locked (TVL) fell 5.3%, a smaller percentage decline than the token’s price loss.
Meanwhile, voting on whether to research an independent Layer 1 remained open until Oct. 22. The proposal concerns research rather than a decision to launch a separate blockchain.
Source: The Defiant
