Starknet, an Ethereum layer-2 scaling solution, has experienced a significant rally, gaining over 11% in value in the past day. This surge in price is supported by the growing total value locked (TVL) in Starknet, which has increased by 549% this year. Ethereum co-founder Vitalik Buterin unlocking $470,000 worth of STRK tokens also sparked interest in the cryptocurrency. The completion of the Starknet Bolt Upgrade has improved the network's speed and lowered costs, further fueling the bullish momentum. Analysts predict that a breakout above the key resistance level of $0.45 could lead to notable gains, with a potential target of $0.60.



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