[Starknet will increase TPS by 4 times and reduce fees by 5 times in the next 3 months] Golden Finance reported that Eli Ben Sasson, CEO of StarkWare, told Cointelegraph during DevCon 2024 that Starknet's transaction speed is expected to increase by 4 times in the next 3 months, while transaction fees will drop by 5 times. This improvement mainly comes from better compilation and faster execution of its native smart contract language Cairo. Starknet plans to increase transaction speed to more than 1,000 TPS, comparable to Solana's performance. Currently, Starknet's average transaction fee is only $0.002, which is expected to be further reduced to become one of the cheapest Ethereum second-layer networks. In addition, StarkWare is also exploring the introduction of the OP_CAT improvement proposal to support native settlement on Bitcoin, and this upgrade is expected to be implemented within the next 12 months.