Starknet price jumped more than 40% over the past 24 hours, reaching $0.20 on November 10. The move pushed the Ethereum Layer-2 network to the top of CoinMarketCap’s daily gainers list, alongside AI-linked tokens like FET and Render.
The rally came as Bitcoin surged above $106,000 today, prompting capital to rotate into privacy- and scaling-focused altcoins. StarkWare’s release of the “S-two” prover, a new generation of its zero-knowledge proof engine, appears to have catalyzed renewed investor confidence.
Why the S-Two Upgrade Matters
The S-two prover, now live on Starknet mainnet, replaces the network’s earlier proof architecture. StarkWare calls it “the world’s fastest and most privacy-ready proving system in production.”
The prover cuts validation time and cost, boosting throughput while maintaining full decentralization. It can also run efficiently on consumer hardware, enabling users to generate private proofs directly on laptops or phones, a key milestone in democratizing zero-knowledge computation.
“When proofs are this fast and cost-efficient, new categories of applications become feasible,” said Eli Ben-Sasson, StarkWare co-founder and CEO.
S-two reportedly improves proof generation speed by up to 10×, enabling real-time workloads such as zkML inference, privacy-preserving games, and verifiable AI systems.
Starknet Price Prediction: Can STRK Extend Its Breakout to $0.45?
According to CoinMarketCap data, trading volume exploded 306% to over $500 million, while market capitalization surged past $890 million. Starknet’s DeFi total value locked (TVL) also rose 6.5% in a day to $277 million, per DeFiLlama, with derivatives protocols leading the charge.
The Starknet token now trades at roughly $0.20, with traders eyeing a potential trend reversal after nearly 250 days of sideways accumulation.
According to @KyoMemes, the token’s recovery above the $0.20 support confirms a bullish shift, setting up a short-term target around $0.26. A push beyond $0.28 could target $0.33, with Fibonacci projections suggesting $0.38–$0.45 if momentum holds.
Another crypto analyst, CryptoYoddha, noted that Starknet coin is breaking out of a 250-day accumulation range, possibly signaling the start of a multi-month uptrend with significant gains if volume and sentiment cooperate.
Key resistance levels are at $0.26, $0.33, and $0.45, while $0.20 is crucial for short-term traders. A drop below that may prompt profit-taking, but technical momentum currently supports further upside.
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