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STRK jumps 26% as Starknet plans to become independent Layer 1 blockchain by 2027

Market News
08 Oct 2026
Tokenpost
View Source
Bullish
STRK jumps 26% as Starknet plans to become independent Layer 1 blockchain by 2027

STRK token surged nearly 26% after Starknet founder Eli Ben-Sasson proposed transitioning Starknet from an Ethereum Layer 2 to an independent Layer 1 blockchain by 2027. This move aims to give Starknet control over its own consensus, security, and cryptographic upgrades, enhancing resistance to future quantum and AI attacks. The plan would end Starknet's reliance on Ethereum for settlement and security but requires building its own validator network and infrastructure. The proposal has not yet reached a formal governance vote, though derivatives activity around STRK has spiked significantly.

STRK's market cap stands at Rp7.44 trillion with a 24-hour trading volume of Rp4.71 trillion on Pluang as of Oct 09, 2026 08:01 WIB. The token price is Rp1,044, showing a 17.80% increase in the last day, slightly lower than the 26% surge noted in the news. Pluang data also shows a strong buy interest with 73% of orders being buys and a typical holding period of 76 days, indicating sustained investor engagement around the token amid the proposed blockchain transition.

More News (STRK)

STRK token jumps 20% amid strong derivatives activity and rising long positions

STRK token jumps 20% amid strong derivatives activity and rising long positions

The STRK token from Starknet surged about 20% within 24 hours as derivatives trading showed a strong preference for long positions, with long volume surpassing short volume on major exchanges like Bybit and Bitunix. Most trading occurred in perpetual...

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Starknet (STRK) jumps 20% as long positions dominate perpetual market trading.

Starknet (STRK) jumps 20% as long positions dominate perpetual market trading.

Starknet (STRK) surged about 20% within 24 hours, driven mainly by strong buying activity in the perpetual market. Long positions dominated trading volume across all major exchanges, with Bybit leading at 56% long volume. The perpetual market volume ...

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Starknet's STRK token jumps 18% amid network upgrades and quantum security plans

Starknet's STRK token jumps 18% amid network upgrades and quantum security plans

Starknet's STRK token surged 18.1% to above $0.06 following recent network upgrades and security strategy announcements. The network launched version 0.14.4, boosting transaction capacity to support more activity. Additionally, StarkWare's CEO reveal...

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STRK token jumps 21.86% in 24 hours amid rising trading volume and bullish trader positioning

STRK token jumps 21.86% in 24 hours amid rising trading volume and bullish trader positioning

The STRK token on Starknet surged 21.86% over 24 hours, reaching $0.06032 with a one-hour gain of 10.27%. Trading volume hit approximately $16.11 million, signaling strong market interest. Price resistance is noted near $0.065 and support around $0.0...

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Starknet v0.14.4 launches with bigger proofs and gas fee tweaks, requiring node updates.

Starknet v0.14.4 launches with bigger proofs and gas fee tweaks, requiring node updates.

Starknet released version 0.14.4 on mainnet, enhancing its Layer 2 network by allowing developers to prove large off-chain computations in a single transaction, reducing execution fees. The update also adjusts gas pricing slightly to better reflect n...

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