Analysis and summary of the StarkNet project (STRK)
Development roadmap 2024
1. Parallel Execution: Version v0.13.2 (expected Q2/2024) will introduce the "Parallel Execution" feature, allowing multiple transactions to be processed simultaneously, improving network performance and reducing transaction fees compared to traditional sequential methods.
2. Other upgrades:
Q3/2024: Integration of Cairo Native into the Sequencer system, increasing processing speed and reducing latency.
Q4/2024: Launch of Volition (hybrid storage model), helping to optimize storage costs and reduce data footprint on Ethereum.
Tokenomics and challenges
Token structure: Total supply is 10 billion tokens, with a controversial allocation ratio due to significant monthly unlock pressure (approximately 580 million tokens in 2024). Investment funds like Pantera have partially locked in profits, creating sell pressure.
Token utilization: STRK is used for governance, staking, and transaction fees. However, the issuance of airdrops and periodic token unlocks may reduce the token's value in the short term.
Efficiency and ecosystem
Prominent DApps: The ecosystem includes DeFi projects like JediSwap, zkLend, but is still in the early stages of development.
Growth: The number of users and assets bridged to StarkNet is increasing rapidly, but the TVL volume (~54 million USD) remains low compared to other Layer-2s.
Potential: ZK-Rollup technology, a focus on performance, and a roadmap for future decentralization help the project maintain its appeal to developers and investors.
Risks: Token inflation pressure, profit-taking behavior from investment funds, and a young ecosystem may affect StarkNet's competitiveness.
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