You are currently viewing Starknet STRK Rockets to Fourth Largest Ethereum Layer 2 with $1.3B TVL After Chaotic Token Launch

The crypto community is abuzz with Starknet’s sensational rise, as the Ethereum Layer-2 scaling solution cemented itself as a major player seemingly overnight. Propelled by a momentous token airdrop and listing, Starknet’s Total Value Locked (TVL) has exploded past $1.3 billion, ranking it 4th amongst all L2 protocols.

TLDR

The protocol took center stage last week upon the long-awaited distribution of its native STRK token via airdrop.

TVL, Source: L2Beat