Starknet has seen an increase of $100 million in past seven days while the STRK price dropped down more than 34%.
Starknet is a permissionless decentralized validity rollup operating as an L2 over Ethereum. The platform enables any dapp to scale unlimitedly with compromising its security. The platform relies on the safest and most secure system called STARK. STARK tech ensures computational integrity by validating off chain transaction with advanced cryptography while overcoming Ethereum scale limitations.
The platform also employes native account abstraction which gives users a friendly experience. It is also one of the fastest growing L2 platform due to its novel approach to scaling while also making economically feasible to build complex dapps. Cairo, Starknet’s native smart contract language, allows developers to push the boundaries of their applications by allowing them to code any kind of business logic.
The Declining Trend Of Starknet
Dailyactive users by Dune
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