Bitcoin, Ethereum, and most top-50 blue chips are relatively stable when writing. They are also safe to hold, considering their low volatility. However, for traders and investors not afraid of action and price action rollercoaster rides, there is activity outside the top 100, and Starknet STRK is leading the charge.
STRK USDT has not only printed double-digit gains in the past day, but those who got in earlier are deep in the green.
Trackers show that STRK is up +70% in the past week of trading and another +38% in the last 24 hours. What’s more? In the past hour of trading, STRK is outperforming even some of the top Solana meme coins, adding a cool +15%.
STRK USDT Ripping: Will It 5X To December 2024 Highs?
From the STRK daily chart, not only has Starkware reversed its losses from October 10, but due to the leg higher, the coin is trading at new H2 2025 highs.
Starknet buyers are firmly in control, reversing losses from the first half of 2025.
To reclaim Q4 2024 highs, STRK crypto must at least 5X from spot rates, rewarding diamond hands who held through the storm of Q1 and Q2 2025.
While the technical candlestick arrangement supports the bullish narrative, some X users believe STRK is riding the coattails of ZEC crypto and the privacy FOMO that has been sweeping everyone off their feet.
The analyst notes that Eli Ben-Sasson, co-founder of Starkware, also serves as a co-founder of Zcash. Through Starkware, there is an expansion from the privacy technology Zcash offers to a programmable layer-2 environment.
Starknet scales Ethereum using zero-knowledge proofs, but it is not compatible with the Ethereum Virtual Machine (EVM) because it utilizes STARK technology.
STARK incorporates zero-knowledge technology that’s not only scalable but quantum-resistant.
Like Optimism and Base, Starknet also relies on a sequencer to order and execute transactions. However, before confirming transactions on the mainnet, they are passed to the prover for a correctness check.
Starkware Releases Fully Open Source S-Two Prover
Last week, StarkWare, which is the team behind Starknet, released S-two, a fully open-source zero-knowledge prover.
The prover is a core component that enables the generation of zero-knowledge cryptographic proofs needed for validating transactions. Unlike the “Stone” prover, the S-two is optimized specifically for speed, privacy, and decentralization.
S-two generates validity proofs for every single block, ensuring cheap, real-time verification of off-chain transactions before they are settled on the Ethereum mainnet.
Ben-Sasson, in a post, said S-two is not just about speed but also about expertise and innovation.
Beyond benefits in transaction processing, the S-two prover enables the deployment of real-world private dapps, including protocols that process shielded DeFi trades, hiding the amount and senders while remaining compliant with regulations.
Since the prover is open-source, there is increased decentralization, allowing any other prover to join in from the client-side.
