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Starknet Token

STRK

Explore Starknet Token

Create a Coinbase account to buy and sell Starknet Token and start your crypto journey!

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Wrapped tokens

Wrapped crypto-assets (e.g. , ) (often referred to as ‘wrapped tokens’) are tokenised representations of other crypto-assets. They are typically created to facilitate compatibility and interaction across different blockchain protocols.

Smart contract risk: Wrapped tokens rely on smart contracts to ensure their value remains pegged to the underlying asset. These contracts could have vulnerabilities or flaws that can be exploited, potentially leading to a loss of funds.

Collateral risk: The value of a wrapped token is typically backed by an equivalent amount of the underlying asset. If the mechanisms ensuring this collateralization fail, the wrapped token's value might not be preserved.

Custodial risk: The underlying assets for wrapped tokens may be held in custody by a third party. If this party becomes insolvent, mismanages the assets, or is subjected to fraud or hacking, the value of the wrapped token might be jeopardized.

Bridging risk: Wrapped tokens are often used to bridge assets between different blockchain ecosystems. The integration layers that facilitate these bridges might suffer from technical issues, hampering the ability to transfer or utilize the tokens as intended.

Pricing disparity: In certain situations, the price of the wrapped asset and its underlying asset might diverge due to market inefficiencies or liquidity issues.

About Starknet Token

Starknet is a zk-rollup Ethereum scaling solution. STRK is the utility token of Starknet as STRK is used to pay for network transaction fees. STRK tokens can also be used to participate in Starknet governance. Lastly, STRK tokens are used to secure the network as they can be staked. Coinbase only supports STRK as an Ethereum ERC-20 token.

STRK is the native utility token of StarkNet, an Ethereum Layer-2 scaling solution utilizing Zero-Knowledge Rollups (ZK-Rollups) to enhance scalability and privacy. StarkNet's technology, developed by StarkWare, aims to reduce transaction costs and increase throughput on the Ethereum network while maintaining high security and data integrity. STRK plays a pivotal role within the StarkNet ecosystem, facilitating various functions such as transaction fee payments, staking for network security, and governance, allowing token holders to participate in decision-making processes regarding upgrades and modifications to the protocol. As a crucial component of StarkNet, STRK enables an efficient, scalable, and secure decentralized platform, empowering developers to build sophisticated dApps with enhanced performance capabilities, thereby contributing to the broader Ethereum ecosystem's growth and development.

Market

United Kingdom Market Stats

Market cap

£729.6M

Volume (24h)

£84.4M

Circulating supply

728.0M STRK

Typical hold time

22 days

Popularity

#86

All time high

£2.20

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

+1.79%

Price change (1d)

+1.54%

Price change (1w)

-0.08%

Price change (2w)

-4.79%

Price change (1m)

-39.57%

Price change (1y)

-35.26%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Starknet Token on social media

651 unique individuals are talking about Starknet Token and it is ranked #249 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Starknet Token has an average sentiment score of 4 out of 5. Finally, Starknet Token is becoming more newsworthy, with 0 news articles published about Starknet Token. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Starknet Token. There were 37.8% of tweets with bullish sentiment compared to 12.92% of tweets with a bearish sentiment about Starknet Token. 49.28% of tweets were neutral about Starknet Token. These sentiments are based on 209 tweets.

On Reddit, Starknet Token was mentioned in 1 Reddit posts and there were 3 comments about Starknet Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

651 people

Posts

164 posts

Dominance

0.06%

Volume rank

#249

Average Sentiment

4 out of 5

Twitter

Starknet Token is on the decline this week.

The price of Starknet Token has increased by 1.79% in the last hour and increased by 1.54% in the past 24 hours. Starknet Token’s price has also fallen by 0.08% in the past week. The current price is £1.00 per STRK with a 24-hour trading volume of £84.44M. Currently, Starknet Token is valued at 54.35% below its all time high of £2.20. This all-time high was the highest price paid for Starknet Token since its launch.

The current circulating supply of Starknet Token is 728,000,000 STRK which means that Starknet Token has as total market cap of 728,000,000.

FAQ

What is the current price of Starknet Token?

We update our Starknet Token to GBP currency in real-time. Get the live price of Starknet Token on Coinbase.

What is the market cap of Starknet Token?

The current market cap of Starknet Token is £729.61M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Starknet Token?

The all-time high of Starknet Token is £2.20. This all-time high is highest price paid for Starknet Token since it was launched.

What is the 24 hour trading volume of Starknet Token?

Over the last 24 hours, the trading volume of Starknet Token is £84.44M.

What other assets are similar to Starknet Token?

Assets that have a similar market cap to Starknet Token include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Starknet Token are there?

The current circulating supply of Starknet Token is 728 million.

What is the typical holding time of Starknet Token?

The median time that Coinbase customers hold Starknet Token before selling it or sending it to another account or address is 22 days.

What is the relative popularity of Starknet Token?

Starknet Token ranks 226 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Starknet Token on Coinbase?

Yes, Starknet Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Starknet Token guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax Ltd on 11 April 2024