Starknet (STRK): Price and Market Data

This overview covers data regarding supply distribution, the token unlock schedule, historical airdrop metrics, staking participation, and recent ecosystem expansions.

What is Starknet (STRK)?

Basically, Starknet is an Ethereum Layer-2, but it goes its own way. Instead of copying the EVM like everyone else, it uses a custom language called Cairo along with STARK proofs to scale things up. It actually works really well—they've gotten pre-confirmations down to roughly 500 milliseconds recently. The STRK token itself is what you use for gas fees, staking, and voting on governance stuff.

How does the STRK token allocation look?

The max supply is locked at 10 billion tokens. It's definitely a bit split up, though. Early Contributors took about 20.4%, and StarkWare itself holds another 10.76%. As for the rest of it? Investors ended up with 18.17%. The leftover supply—which is a big chunk—is essentially managed by the Foundation for things like community rebates, grants, and holding a 10% strategic reserve.

Who backed the project and what is the token unlock schedule?

They brought in some serious capital—about $282.5 million in total. This actually includes a $12 million grant from the Ethereum Foundation. By May 2022, big names like Paradigm and Sequoia pushed their valuation to $8 billion. Regarding the unlocks, it's pretty steady now. We're seeing roughly 128.24 million tokens hit the market every single month. That gets split between the early contributors (67.73 million) and investors (60.51 million).

Did early users receive an airdrop?

Yeah, they dropped exactly 719.79 million fully unlocked tokens back on February 20, 2024. But honestly, it was pretty controversial. To actually get anything, your wallet needed a balance of at least 0.005 ETH (like $14) on the snapshot date. This meant a lot of loyal users who had high transaction counts but empty wallets basically got nothing, which sparked a huge backlash.

Can you stake STRK to earn rewards?

Yes, staking is definitely live now. If you want to run a full validator node yourself, you'll need to lock up at least 20,000 STRK. Don't have that much? You can just delegate your tokens without any minimums. People are clearly into it—by the time Staking v2 rolled around in Q2 2025, we already had over 170 million tokens staked across 106 validators and roughly 63,000 delegators.

Why is Starknet focusing on Bitcoin with strkBTC?

They're basically trying to turn into a multi-chain layer, not just an Ethereum thing. So, they launched strkBTC. It lets people bridge their Bitcoin over to Starknet to earn yield, all while keeping the actual transaction amounts hidden. To really get this "BTCFi" push going, the foundation threw a massive 100 million STRK budget at it just to build up liquidity on DEXs like Ekubo.