Starknet, the Ethereum scaling network developed by StarkWare, announced on X that it is "actively considering" transitioning from a layer-2 solution to an independent layer-1 blockchain. The project stated that this move would enable Starknet to become the first fully quantum-resistant network, with a target date of 2027. Following the announcement, the STRK token traded near $0.073 on Friday, marking a 20% increase in 24 hours and more than doubling its price from approximately $0.03 in April.

StarkWare CEO Eli Ben-Sasson explained that as a layer-2, Starknet currently relies on Ethereum for security validation, limiting its ability to implement post-quantum upgrades independently. He noted that Ethereum’s roadmap targets core post-quantum infrastructure around 2029, whereas Starknet aims to address the threat sooner. Ben-Sasson cited concerns that the quantum computing threat may be closer than anticipated and referenced AI advancements as an additional risk factor. While Starknet’s proofs rely on hash functions considered quantum-resistant, some elliptic-curve components remain that the project plans to replace. The statement did not specify how existing applications and users would migrate if the transition proceeds.