Starknet's cryptocurrency
STRK has been the subject of notable developments recently. The token is witnessing high volatility, with numerous reports commenting on its price predictions. In particular, STRK is expected to experience a strong bullish trend in 2025. Comparisons between
MicroStrategy's (
MSTR) preferred shares,
STRK and another variant,
STRF, have surfaced, sparking further interest. Moreover, the tech giant has marked its trust in cryptocurrency by raising funds for Bitcoin through a new perpetual preferred
STRK stock offering, doubling this
preferred stock offering to $584M to enhance its Bitcoin holdings, and planning a $21B STRK sale to acquire more Bitcoin. Some commentaries have cautioned the possibly risky move of adopting Bitcoin dividends through STRK. Despite concerns, MSTR's STRK issue has achieved record proceeds and has even outperformed Bitcoin and S&P 500 since its debut. Other developments saw the successful launch of phase 1 staking on Ethereum layer 2 by
Starknet, a decision that led Ethereum's co-founder,
Vitalik Buterin, to acquire 1.26M Starknet tokens.
Binance, a leading crypto exchange, reinforced its faith in STRK by adding it on simple earn locked products. Amid these, a controversy arose as StarkWare changed its STRK token unlock schedule following backlash, which caused STRK's price to plunge to an all-time low. Regardless of the challenges, Starknet remains bullish on its long term outlook.
STRK Coin News Analytics from Fri, 21 Jul 2017 09:17:29 GMT to Tue, 03 Jun 2025 07:00:00 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor -2
