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Starknet coin surges as developer weighs Ethereum split over quantum security (ETH-USD:Cryptocurrency)

Reported by Seekingalpha
Oct 11, 2026· 2 min read
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Key Takeaways
  • • Starknet's STRK token surged roughly 29% on Sunday, October 11, 2026, extending a rally driven by investor interest in quantum-resistant blockchain technology, according to Seeking Alpha.
  • • The rally followed StarkWare's warning that "the quantum threat may be much closer than we" previously assumed, and the network's floated possibility of separating from Ethereum to become a quantum-resistant Layer 1 by 2027.
  • • Starknet is considering a shift from its current status as an Ethereum Layer 2 to an independent Layer 1 that would manage its own security, per CEO Eli Ben-Sasson.
  • • Reports across multiple outlets describe the move as a proposal under consideration rather than a finalized decision, and the feasibility of the plan remains unproven.
Summary
Starknet's STRK token (STRK-USD) surged on Sunday, October 11, 2026, with Seeking Alpha reporting a gain of about 29%. Coverage from other outlets in the same cluster put the 24-hour move between 20% and 52%, with figures varying by timeframe and publication time, and reports indicated that futures activity rose sharply alongside the spot move.

The rally was tied to a proposal by the Starknet developer ecosystem to separate from Ethereum (ETH-USD) and operate as an independent Layer 1 blockchain. According to the cluster reporting, the goal is to accelerate security upgrades and reach quantum-resistant security by 2027. CEO Eli Ben-Sasson said the network upgrade would enable Starknet to manage its own security rather than relying on Ethereum's. StarkWare has also warned publicly that the quantum threat to existing cryptographic systems may be closer than previously assumed, which has amplified investor attention on the network's security roadmap.

The move follows a broader rally in STRK earlier in the week. One outlet reported that the token outperformed Bitcoin and reached a nine-month high in its largest single-day gain at that point. Market commentary in the cluster cautioned that the proposal remains early-stage, and that the path from concept to a functioning independent Layer 1 is not yet defined. Price movements of this magnitude in a single session are characteristic of thinly traded, speculative momentum rather than a change in fundamentals.

For institutional allocators, the episode highlights the exposure of Layer 2 tokens to protocol-level governance and security decisions made by their parent networks. The quantum-resistance debate, which has gained traction across the digital asset sector, is likely to remain a factor in how investors price upgrade risk for Ethereum-linked assets.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Seekingalpha Starknet coin surges as developer weighs Ethereum split over quantum security (ETH-USD:Cryptocurrency)