Bitcoin, Ethereum Struggled Last Week, But This Token Doubled Its Market Cap in 4 Days on Layer-1 Buzz

Starknet's native token (CRYPTO: STRK) surged 82% last week, becoming the top-performing cryptocurrency, with its market capitalization more than doubling from $360 million to $807 million. This rally occurred as Starknet considers transitioning from an Ethereum Layer 2 to a standalone Layer 1 blockchain to enhance its security against potential quantum threats. CEO Eli Ben-Sasson emphasized the benefits of having control over the network's security migrations, rather than relying on Ethereum's timeline.