Starknet's total value locked (TVL) in decentralized finance fell 73.8% from $157.76 million on Oct. 21 to $41.39 million on Oct. 24, following Extended's settlement migration to Circle's Arc on Oct. 22. The stablecoin market cap also dropped about 75.2% during this period. This TVL decline reflects the operational move rather than asset loss. Meanwhile, a Starknet governance poll showed strong support (93.52%) for researching a post-quantum independent Layer 1 blockchain, though no transition from Ethereum Layer 2 is planned yet. Further research and community votes will determine future steps.
The story covers Starknet DeFi's TVL decline. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 24, 2026 22:21 WIB: out of 50 major cryptocurrencies, 3 rose and 46 fell. EGLD dropped 10.35% to Rp58.531 with 91% sell orders, ATOM fell 9.55% to Rp29.155 with balanced buy-sell activity, and ONE declined 9.51% to Rp24 with mostly buy orders.
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