Starknet Surges 52% as Quantum Security and Layer 1 Plans Boost Demand
Starknet's price soared over 50% amid growing interest in its quantum security features and potential transition to a standalone Layer 1 blockchain.
Starknet's price soared over 50% amid growing interest in its quantum security features and potential transition to a standalone Layer 1 blockchain. Bitcoin (BTC) is trading at $84,033.00, up 0.6% since this brief published. This is an original Token Times brief based on reporting by Blockonomi, with live market data added, as of Mon, 12 Oct 2026 05:00:02 UTC.
The surge highlights growing investor interest in Starknet's potential to address quantum computing threats and its strategic shift towards greater independence from Ethereum, which could reshape the Layer 2 landscape.
- Starknet price jumped 52% in 24 hours on Sunday.
- StarkWare considers creating a standalone Layer 1 blockchain.
- Starknet's TVL rose 74.8% in the past week to $586.78M.
Starknet's native token, STRK, experienced a significant price increase of over 52% in a single day on Sunday, with one market update recording a 54.87% gain. This surge comes as StarkWare, the company behind Starknet, contemplates creating a standalone Layer 1 blockchain.
The potential transition to a standalone Layer 1 would allow Starknet to have more control over its security features, including the ability to implement quantum security measures. This is significant because quantum computing poses a threat to traditional cryptographic systems.
Starknet's Total Value Locked (TVL) has also seen a substantial increase, rising by 74.8% in the past week to $586.78 million, according to DeFiLlama. This indicates growing interest and confidence in the platform.
The broader market context shows that while the total crypto market cap remains around $2.89 trillion and
Bitcoin is nearly flat with a 0.90% gain in the last 24 hours,
Ethereum has performed slightly better with a 1.81% increase. The Fear & Greed Index stands at 69, indicating a 'Greed' sentiment in the market.
The development of a standalone Layer 1 blockchain could position Starknet as a more independent and secure platform, potentially attracting more users and developers. Investors will be watching for further announcements from StarkWare regarding this transition and its implications for the platform's future.
Since this brief published about 17 hours ago, Bitcoin (BTC) has moved from $83,530.00 to $84,033.00 — +0.60%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.67M (about $84,033.00), up 1.3% over 24 hours. The rupee itself trades about 6.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 12, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Starknet Surges 52% as Quantum Security and Layer 1 Plans Bo — questions & answers
What is StarkWare considering for Starknet?
StarkWare is considering creating a standalone Layer 1 blockchain for Starknet.
Why is Starknet's price increasing?
Starknet's price is increasing due to growing interest in its quantum security features and potential transition to a standalone Layer 1 blockchain.
How much has Starknet's TVL increased?
Starknet's TVL has increased by 74.8% in the past week to $586.78 million.
How much is 1 Bitcoin worth in rupee today?
About ₹8.67M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $84,033.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.60% since this brief first published — trading at $84,033.00 now versus $83,530.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.