STRK Slumps 57% in Four Weeks as Starknet Rally Unwinds
Starknet's STRK token has fallen 57% over four weeks as its earlier rally reversed. The network's DeFi total value locked dropped to $35.8 million after Extended shifted settlement to Arc, and a proposed Layer 1 transition is still only at the research stage. Traders holding STRK face weakening fundamentals as capital and activity leave the ecosystem.