StarkWare Restructures After 99% Revenue Crash
- Revenue Collapse: Starknet's monthly revenue plummeted from $6 million at the end of 2023 to just $48,000 by early April 2026, primarily due to the Ethereum EIP-4844 upgrade that significantly reduced fees for layer 2 solutions, forcing StarkWare to reassess its business model.
- Strategic Shift: CEO Eli Ben-Sasson announced the company would be reorganized into two independent units focused on developing new revenue-generating products to address current market challenges and commercialize its technological advantages.
- New Applications Division: StarkWare appointed Avihu Levy to lead a new applications division aimed at revenue growth, introducing the Quantum Safe Bitcoin (QSB) method, which, despite its potential, incurs transaction costs between $75 and $200, significantly higher than the average fee of $0.33 for standard Bitcoin transfers.
- Future Outlook: Ben-Sasson emphasized that the company would prioritize self-sufficient projects, reducing reliance on external blockchains and third-party teams, with further details on the new direction expected to be announced next week.
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Technical Analysis for SAFE
Technical Sentiment Analysis for Safe (SAFE). As of , Safe (SAFE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SAFE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SAFE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Safe (SAFE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.061 | 0.0848 | 0.11 | 0.134 | 0.159 | 0.183 | 0.208 |
| Fibonacci | 0.0848 | 0.104 | 0.115 | 0.134 | 0.153 | 0.164 | 0.183 |
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