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#strk - Starknet Token - Layer 2 Is At A Good Price
🌎 Introduction to Starknet and STRK
➡️ Starknet is a Layer 2 solution on Ethereum, using zk-Rollup technology to increase scalability and reduce transaction fees. STRK is the native token of Starknet, playing an important role in operating the network, including paying transaction fees, staking, and governance.
🌎 Funding Rounds and Investors
➡️ Starknet has attracted significant interest from leading investment funds in the blockchain field. Notable funding rounds include:
➡️ Seed Round (2018): Raised $6 million from Paradigm Fund.
➡️ Series A (2020): Raised $12 million from Sequoia Capital and Founders Fund.
➡️ Series B (2021): Raised $50 million from Three Arrows Capital, Alameda Research.
➡️ Series C (2022): Successfully raised $100 million from Greenoaks Capital and Coatue.
Series D (2023): Raised $200 million, bringing Starkware's valuation (the company that developed Starknet) to $8 billion.
These impressive numbers show the strong confidence of investors in Starknet's potential.
🌎 Starknet's technology
➡️ Starknet applies zk-Rollup technology, which helps aggregate multiple transactions into a single proof before sending it to Ethereum. This helps:
➡️ Reduce gas fees: Optimize transaction costs, making Ethereum more feasible for ordinary users.
➡️ Increase processing speed: Transactions are performed faster, without congestion like Layer 1.
➡️ High security: Zero-knowledge proof technology ensures more private and secure data.
In addition, Starknet also supports developers to build dApps with Cairo, a programming language optimized for zk-Rollup.
🌎 Future prospects
➡️ Starknet is making important steps in expanding the ecosystem:
➡️ Launching staking for STRK: Allowing users to earn profits from holding tokens.
➡️ Collaborating with major DeFi projects: Several DeFi platforms such as dYdX, Immutable X are integrating Starknet.
➡️ Moving to a more decentralized model: Starknet Foundation is implementing a plan to decentralize governance.
➡️ Supporting blockchain games: With low transaction fees and high speed, Starknet can become an ideal Layer 2 for the gaming sector.
🌎 STRK is in a good price range
➡️ After being airdropped in early 2024, STRK has had a strong adjustment, bringing it to an attractive price range for those who believe in the long-term development of Starknet. With the support of many large funds, breakthrough technology and an expanding ecosystem, STRK has significant growth potential in the next market cycle.
🌎 Conclusion
➡️ Starknet is one of the most promising Layer 2s on Ethereum, with the support of leading investment funds and advanced zk-Rollup technology. STRK is at a good price range, becoming an opportunity worth considering for investors who want to get ahead of the Layer 2 trend.
🔥 Price targets for STRK at $1.82, $2.70, $4.50 and $7.40, understand the importance of staying updated with market news and executing your trading plan with patience and discipline.
Buy
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