Why Did Starknet (STRK) Price Rise? - 07.05.2025

Starknet (STRK) is the native token of Starknet, a decentralized Layer 2 (L2) solution built on the Ethereum network. Starknet uses a ZK-Rollup (Zero-Knowledge Rollup) technology to address Ethereum's scalability issues. This technology processes transactions off-chain and only sends validation proofs to the Ethereum main network. This approach increases transaction speeds and reduces costs.

In the last 24 hours, STRK has gained 3.29%, making it one of the top gainers of the day.

A leading global exchange announced on May 7, 2025, that it will delist the STRK (STRK) trading pair from spot trading on May 9, 2025. Following this announcement, the price may have experienced an increase.