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Starknet Staking Surpasses $172 Million Across STRK and Bitcoin Holdings

According to Starknet, over 601 million STRK tokens and 510 BTC have been staked, highlighting expanding participation in its dual-asset staking ecosystem.

BTC
STRK

Summary

Ethereum Layer-2 network Starknet reported that staking of its native token STRK has reached 601 million tokens, valued at approximately $108.81 million. Additionally, its Bitcoin staking feature has attracted 510.2763 BTC, worth about $63.77 million. Combined, the total staked value exceeds $172 million, reflecting growing user adoption and confidence in Starknet’s multi-asset staking offerings.

Terms & Concepts
  • Layer-2 Network: A secondary framework built on top of a blockchain to improve transaction speed and reduce costs without compromising security.
  • Staking: The process of locking up cryptocurrency to support network operations, such as validating transactions, in exchange for rewards.
  • STRK: The native token of the Starknet Layer-2 network, used for transactions, governance, and staking incentives.