Starknet explores move from Ethereum Layer 2 to standalone Layer 1 blockchain

Starknet, a prominent Ethereum Layer 2 scaling network, is reportedly exploring a transition to a standalone Layer 1 blockchain. The move, if pursued, could reduce activity and fee revenue on Ethereum and signals potential fragmentation of the L2 ecosystem. Traders may watch for follow-through because a major L2 leaving Ethereum would weigh on ETH sentiment and could boost the native STRK token's independence narrative.