Starknet Explores Quantum-Resistant Layer 1 Blockchain Shift
Starknet's STRK token surges as developers consider leaving Ethereum for a new Layer 1 blockchain.
Starknet's STRK token surges as developers consider leaving Ethereum for a new Layer 1 blockchain. Ethereum (ETH) is trading at $2,535.93. This is an original TLT brief based on reporting by CryptoSlate, with live market data added, as of Mon, 12 Oct 2026 00:15:02 UTC.
This potential shift could redefine Starknet's scalability and security approach, impacting its ecosystem and users while challenging Ethereum's dominance in Layer 2 solutions.
- Starknet mulls creating a quantum-resistant Layer 1 blockchain.
- STRK token price surged 116.7% over seven days.
- Starknet's TVL rose 81.3% in the past week to $599.3M.
Starknet, a Layer 2 scaling solution for 
Ethereum, is exploring the possibility of developing its own quantum-resistant Layer 1 blockchain. This potential move could mark a significant shift in its strategy to enhance security and scalability.
The news has sparked considerable market interest, with the STRK token's price more than doubling over the past seven days. As of October 11, STRK was trading at $0.1190, representing a 24-hour increase of 17.7% and a seven-day surge of 116.7%, according to CoinGlass.
The decision to potentially leave Ethereum for a new Layer 1 blockchain could be influenced by the need for greater control over its infrastructure and the growing demand for quantum-resistant solutions. This move could position Starknet as a more independent player in the blockchain space, though it may also introduce new challenges in terms of network effects and ecosystem support.
Starknet's Total Value Locked (TVL) has also seen a notable rise, reaching $599.3M as of October 11, according to DeFiLlama. This represents an 81.3% increase over the past week, underscoring the growing interest and investment in the platform.
In the broader market context, the total crypto market cap stands at $2.9T, with 
Bitcoin up 0.74% in the last 24 hours and Ethereum trading at $2534.56, reflecting a 1.05% increase. The Fear & Greed Index remains at 61, indicating a 'Greed' sentiment.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,534.56 to $2,535.93 — +0.05%.
The chart plots ETH'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 TLT'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 ETH ≈ ₦3.46M (about $2,535.93), up 1.2% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian 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 11, 2026.
TLT 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 Explores Quantum-Resistant Layer 1 Blockchain Shift — questions & answers
Why is Starknet considering leaving Ethereum?
Starknet may be seeking greater security and scalability by creating its own quantum-resistant Layer 1 blockchain.
How has the STRK token performed recently?
The STRK token surged 116.7% over seven days, reaching $0.1190 on October 11.
What is Starknet's current TVL?
Starknet's TVL is $599.3M, up 81.3% in the past week.
How much is 1 Ethereum worth in naira today?
About ₦3.46M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,535.93. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.05% since this brief first published — trading at $2,535.93 now versus $2,534.56 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoSlate. 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 TLT 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.