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

Starknet’s (CRYPTO: STRK) native token led weekly cryptocurrency gains as the network weighs a shift from an Ethereum (CRYPTO: ETH) Layer 2 to a standalone Layer 1 blockchain.

Benzinga

Publisher

Oct 12, 2026 at 5:38 AM UTC · 1 min de leitura

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

Key Signal

82% Weekly STRK gain

Entities

bitcoin, ethereum

Market Impact

Total MCap+0.06%

Last Updated

há 19 dias

Traduzindo…

Starknet’s (CRYPTO: STRK) native token led weekly cryptocurrency gains as the network weighs a shift from an Ethereum (CRYPTO: ETH) Layer 2 to a standalone Layer 1 blockchain.

The L2 to L1 Buzz

STRK rallied 82% to emerge as the week’s top-performing cryptocurrency, leaving heavyweights such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the dust.

The coin’s market capitalization has more than doubled in the last 4 days, rising from $360 million to $807 million.

Gains were largely concentrated over the weekend after the network unveiled its long-term vision for safeguarding the protocol against a potential quantum threat.

CEO Eli Ben-Sasson said Starknet is actively considering transitioning to a Layer-1 for post-quantum agility instead of waiting on the timeline of Ethereum, the base layer.

Quantum Risks in Mind

Gains were largely concentrated over the weekend after the network unveiled its long-term vision for safeguarding the protocol against a potential quantum threat.

CEO Eli Ben-Sasson said Starknet is actively considering transitioning to a Layer-1 for post-quantum agility instead of waiting on the timeline of Ethereum, the base layer.

Ethereum · 30-day price▼ 15.7%

Ethereum moved from $2,668.1 to $2,248.08 over the last 30-day period, a decline of 15.7 percent.

Source: Kraken · NewsLayer Markets · Updated há poucos segundos

“The advantage would be control over the network’s security migrations, rather than having to wait for Ethereum or Bitcoin to move first,” Ben-Sasson said.

Photo: Sebastian Duda on Shutterstock.com

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Ethereum

ETH

$2,248

+0.76% (24H)

Market Cap

$274.5B

24H Volume

$7.5B

24H High

$2,259

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