STRK Tokens Claimed Hit 420M in a Day as On-Chain Metrics Soar
The Starknet blockchain hit a record-high 1.06 million transactions on Tuesday, with a peak of 45.2 transactions per second.
The Starknet blockchain hit a record-high 1.06 million transactions on Tuesday, with a peak of 45.2 transactions per second.
In crypto, large unlocking events usually lead to price declines as the increase in the token’s supply outpaces investor demand, a previous study shows.
Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they’ve birthed a speculative “points” frenzy that carries some risks.
BitTorrent’s BTT token is issued on Tron, and continues to surge on the network’s positive news.
CoinDesk’s Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin’s historic “OP_CAT” function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial “ERC-404” tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week.
Starknet is set to launch its native token STRK through an airdrop of 728 million coins on Feb. 20.
The airdrop will happen on Feb. 20, and eligible users have until June 20 to claim their tokens
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it’s already driven up congestion on the Ethereum blockchain.
ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.