STRK Surges 87% in One Week as StarkWare Floats Layer-1 Move for Quantum Resistance

Starknet's STRK token jumped 87% after StarkWare said it is weighing a switch from an Ethereum Layer 2 to its Layer 1 for quantum security. The price of Starknet's STRK token has climbed rapidly over the past week and month as StarkWare floated the idea of leaving Ethereum to be an independent Layer 1 blockchain amid quantum fears. STRK is currently trading at $0.1033, down 10% on the day but interestingly still up 87% on the week and up 256% on the month. Meanwhile, Bitcoin fell 3.55% and Ethereum also down 6.5% in the same week.