STRK Price Jumps 50% But Starknet Still Faces Brutal Reality
The post STRK Price Jumps 50% But Starknet Still Faces Brutal Reality appeared first on Coinpedia Fintech News Just when traders had nearly forgotten Starknet existed, STRK price suddenly woke up with a violent 50% intraday move. The trigger? Starknet confirmed that its “strkBTC” vision officially goes live on May 12 after governance proposals SNIP-38 and SNIP-39 received near-unanimous approval. Apparently, wrapping Bitcoin with a federated design and making it stakable on Starknet was enough to jolt a market thats spent months drifting through the crypto graveyard. The rally pushed STRK from roughly $0.040 to $0.061 in a matter of hours. Sounds impressive. And honestly, compared to the painful downtrend holders have suffered since 2024, it probably felt like oxygen returning to the room. Starknet Pushes Quantum-Secure Bitcoin Narrative Hard Well, Starknet isnt just pitching another scaling update. The project is leaning heavily into bringing quantum-secure Bitcoin infrastructure onto Starknet through strkBTC. strkBTC goes live on Starknet May 12! Governance just gave it a near-unanimous green light. Both SNIP-38 and SNIP-39 passed, ratifying the federated BTC wrapper design and strkBTCs eligibility as a stakable asset on Starknet. Meet the Federation supporting it: That storyline clearly grabbed traders‘ attention. But let’s be real, one governance approval doesnt magically erase