Weekly Token Unlocks: STRK’s Unlock Volume This Week Accounts for 4.4% of Circulating Supply

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This Unlock Amount: 127 million tokens

This Unlock Value: Approximately $4.84 million USD

Starknet is an Ethereum Layer 2 solution that utilizes zk-STARKs technology to make Ethereum transactions faster and cheaper. Its parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main developed products include Starknet and StarkEx. By using STARK proofs, Starknet validates transactions and computations without requiring all network nodes to verify every operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.

The specific release schedule is as follows:

Weekly Token Unlocks: STRK's Unlock Volume This Week Accounts for 4.4% of Circulating Supply

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