Starknet, an ethereum layer-2 rollup, experienced over 4 hours of downtime. while such outages can have knock-on effects across defi, the native token strk's price has shown minimal immediate reaction, remaining 'little changed'.
The information is directly reported from starknet's official communication on x, as cited by coindesk, a reputable crypto news source.
Despite a significant outage, strk's price has remained largely stable, showing only a marginal increase of 1.92% over 24 hours. this suggests the market is either not reacting strongly or anticipates a swift resolution without long-term damage.
The event is an active outage with the team 'actively investigating' for a quick resolution. the immediate, limited market reaction suggests a short-term perspective on the issue.
Tech Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Starknet goes down for over 4 hours, team is ‘actively investigating’ Downtime can have knock-on effects across decentralized finance and other onchain applications. By Margaux Nijkerk , AI Boost | Edited by Cheyenne Ligon Jan 5, 2026, 3:06 p.m. What to know : Starknet, an Ethereum layer-2 rollup, is investigating an outage that has left the protocol temporarily offline for over 4 hours now. Downtime can have knock-on effects across decentralized finance and other onchain applications, including stalled swaps, delayed withdrawals and difficulty updating positions. Starknet, an Ethereum layer-2 rollup, is investigating an outage that has left the protocol temporarily offline for over 4 hours now. “Starknet is currently experiencing downtime,” the project posted on X , adding that its team is “actively investigating the issue and working to restore full functionality as quickly as possible.” STORY CONTINUES BELOW Don't miss another story. Subscribe to the The Protocol Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Downtime can have knock-on effects across decentralized finance and other onchain applications, including stalled swaps, delayed withdrawals and difficulty updating positions. Starknet did not immediately provide details on the root cause, estimated time to recovery or whether user funds were at risk. CoinDesk reached out to the team for comment but did not hear back in time for publication. The price of its native token , STRK, remains little changed according to CoinMarketCap, up at just 1.92% over the last 24 hours. starknet layer 2 AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market By CoinDesk Research Dec 22, 2025 Commissioned by KuCoin KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market. What to know : KuCoin recorded over $1.25 trillion in total trading volume in 2025 , equivalent to an average of roughly $114 billion per month , marking its strongest year on record. This performance translated into an all-time high share of centralised exchange volume , as KuCoin’s activity expanded faster than aggregate CEX volumes , which slowed during periods of lower market volatility. Spot and derivatives volumes were evenly split , each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line. Altcoins accounted for the majority of trading activity , reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover. Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity , indicating structurally higher user engagement rather than short-lived volume spikes. View Full Report More For You Neobanks will fuel Ethereum's 2026 growth, says ether.fi CEO By Margaux Nijkerk | Edited by Nikhilesh De Jan 4, 2026 Ethereum's next phase will be defined by financial products that feel familiar to everyday users, Mike Silagadze said. Read full story Latest Crypto News Bitcoin network hashrate fell for second consecutive month in December: JPMorgan 6 minutes ago Bitmine Immersion adds 33,000 ETH, bringing total crypto and cash holdings above $14 billion 10 minutes ago CME Group’s average crypto derivatives volume hit record $12 billion in 2025 21 minutes ago CoinDesk 20 Performance Update: Cronos (CRO) Rises 9% as Index Gains Over Weekend 24 minutes ago Goldman Sachs upgrades Coinbase to buy, cuts eToro to neutral 58 minutes ago Ethereum can move beyond Bitcoin-style limits as new scaling tools mature: Vitalik Buterin 1 hour ago Top Stories Memecoin comeback talk builds as DOGE, SHIB, BONK rally in early 2026 1 hour ago Goldman Sachs upgrades Coinbase to buy, cuts eToro to neutral 58 minutes ago Crypto Markets Today: Bitcoin climbs to highest level in four weeks as altcoins lag 3 hours ago Strategy boosted bitcoin holdings and cash reserve last week 1 hour ago Crypto wallet firm Ledger faces customer data breach through payment processor Global-e 2 hours ago CME Group’s average crypto derivatives volume hit record $12 billion in 2025 21 minutes ago