Starknet explores transition to independent Layer 1 blockchain

Starknet (STRK) experienced a significant price surge, with reports indicating gains between 20% and 33% in a short period. The rally was driven by a potential strategic shift and high trading volume.

StarkWare CEO Eli Ben-Sasson indicated that Starknet is considering transitioning from an Ethereum Layer 2 scaling solution to an independent Layer 1 blockchain. This move aims to provide greater control over upgrade schedules and security roadmaps. A key component of this strategy is the goal to achieve full quantum resistance by 2027, potentially ahead of Ethereum.

Market data shows that the price movement was supported by heavy activity in perpetual markets. Long-to-short ratios increased significantly, with long volume dominating across major exchanges. Total perpetual market volume reached approximately $158.90 million, and funding rates turned positive, signaling strong buyer momentum.