CandleFocus Starknet (STRK) Rises 23%, Offsets Crypto Market Fear And Doubt
2024-09-08
Author: Content Editor
Despite the overall market dip, the cryptocurrency Starknet (STRK) remains optimistic with its recent developments. STRK rose nearly 23% in the past week, thanks to on-chain developments and partnerships. Notably, the money-market protocol zkLend has integrated price feeds powered by Chainlink, a decentralized oracle service, enhancing security and user experience. Additionally, the lending platform Vesu has reached $10 million in total value locked, and Realms, a blockchain gaming scene on Starknet, has introduced support for Cartridge.gg's Controller. Overall, Starknet's long-term growth seems assured, with transaction count and active addresses on the rise. While STRK may face resistance in the short to medium term, its upward momentum and continued bullishness suggest a potential breakthrough. However, the broader market's bearishness could still impact STRK and the crypto market as a whole.
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