BlockchainCrypto

STRK Slumps 57% in Four Weeks as Starknet Rally Unwinds

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 07/11/2026, 16:12:24 UTC.

Briefings

Starknet's decentralized finance (DeFi) total value locked dropped to $35.8 million following a settlement migration to Arc, while its Layer 1 transition remains at research stage. This decline occurred within four weeks of the initial migration announcement.

Key points

• Starknet's DeFi TVL fell to $35.8 million after Extended moved settlement to Arc.
• Starknet's proposed Layer 1 transition remains at the research stage.

Context

Starknet's DeFi TVL fell to $35.8 million after Extended moved settlement to Arc, while its proposed Layer 1 transition remains at the research stage. This decline occurred within four weeks of the initial migration announcement.

Limitations

Evidence is limited to a single snapshot from November 2026. Specifics on the Arc migration timeline, the duration of the decline, and the reasons for the Layer 1 research status are not provided.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 07/11/2026, 16:27:13 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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