Starknet (STRK) has updated its roadmap for 2024-early 2025.
After a noticeable reduction in network fees, the project team is concentrating on increasing the number of transactions per second (TPS).
Now the roadmap includes the following key points:
- August 2024 - update v0.13.2 will launch parallel execution and blocking of transactions. Transaction confirmation time will be reduced to 2 seconds. Computing power will be increased by more than 2 times. This will increase transaction speeds, expand opportunities for developers, and improve network performance.
- October-November 2024 - update v0.13.3 with the Cairo Native function, the main purpose of which is to optimize the sequencer. This is an infrastructure element that is responsible for ordering and processing transactions. Plays an important role in improving network scalability and performance by providing fast and low-cost transaction confirmation.
- January-February 2025 - update v0.14, still under development.
The#STRKprice still won’t reverse its protracted decline since March 13th. During this time, FDV (Fully Diluted Valuation, the theoretical value of the project with the full release of all its tokens) has already decreased from $25 to $7 billion. On the way to this decline there were already several good reversal signals, but they were all broken. MACD and RSI now look good for growth on the daily basis. Let's watch the volume level of $0.728 for now. Perhaps in the coming days we will open a deal if it consolidates above. With a stop below this level. But we can confidently talk about a reversal only if it fixes above the EMA of the 50 day TF, currently $1.071. This EMA has already sent the asset to look for a new bottom several times.
However, with investors such as Pantera Capital, Sequoia Capital, Paradigm, Coinbase, etc., the March price is just the beginning. Now the removal of all “paper hands” is underway and, we believe, it is close to the end. What specifically I don’t like about the project is tokenomics with constant unlocks. But the story of the same regular unlocks did not prevent#APTfrom going to $20.
For us, STRK is now the most problematic asset purchased in recent months. Our spot trade#STRKwas opened at $2,588 on March 13, which, as it turned out, was at and close to the ATH. Therefore, the plan is to buy the second part as low as possible, but with confident reversal signals.
