Ethereum Layer 2 Starknet Sees 550% TVL Surge in 2024 Driven by STRK Token and DeFi Expansion

Quick Summary:

The network’s total value locked (TVL) has surged by 550% year-to-date, reaching $252 million, largely driven by the public launch of the STRK token in February 2024.

Starknet, an Ethereum Layer 2 scaling solution, has experienced impressive growth so far in 2024, according to a report from blockchain analytics platform Messari.

Starknet’s ecosystem also is […]

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Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets: India

Topics: News Top Crypto News Ethereum Starknet (STRK)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 14:26:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 154 words

Reading Time: 1 minutes read

Sentences: 51 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23922587

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #124

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