Ethereum L2 Starknet Jumps 20% After Saying It Wants to Become an L1

Starknet, the Ethereum scaling network built by StarkWare, said it is weighing a move to become its own blockchain. "We are actively considering becoming an L1," the project wrote on X . "This would enable Starknet to become the first fully quantum-resistant network, with 2027 as our target." The STRK token traded around $0.073 on Friday, up about 20% in 24 hours. That is more than double the roughly $0.03 it fetched in April, when StarkWare cut staff to chase revenue.