Starknet Resumes Transactions After Technical Issue, STRK Price Remains Stable
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Technical Recovery: Starknet paused transactions on January 5 due to a proving error, disrupting transaction processing between 9:24 and 9:42 AM UTC; however, STRK's price remained stable, reflecting market confidence in its recovery capabilities.
- Stable Market Reaction: Following the brief downtime, STRK's price showed minimal fluctuation, currently at $0.09 with a market cap of approximately $458 million, indicating positive sentiment among investors regarding the network's stability.
- Historical Challenges Highlighted: Starknet faced similar transaction disruptions after the Grinta upgrade in September 2025, underscoring historical challenges in managing technical errors effectively within Layer 2 solutions, necessitating improved fault tolerance.
- Commitment to Technological Improvements: Starknet has pledged to release a detailed report analyzing the cause of the outage and implementing long-term preventive measures, aiming to enhance network reliability through ongoing technological advancements.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
