Important: following the alignment with Regulation (EU) 2023/1114 (MiCAR), on Young Platform Starknet (STRK) is currently available for selling only: it can no longer be bought or deposited. Selling remains possible with no deadlines.
What is Starknet (STRK)
Starknet is a Layer 2 scaling solution for Ethereum that uses Zero-Knowledge Rollup technology, specifically zk-STARK cryptographic proofs. It groups many transactions into a single proof, reducing the space used on the main chain and lowering fees for users.
Compared with other Layer 2 solutions, Starknet places great emphasis on performance and on an architecture designed to scale further over time, while keeping the security inherited from Ethereum.
How it works: Cairo and Layer 3
Smart contracts on Starknet are written in Cairo, a dedicated programming language designed specifically for this technology. The architecture is modular and allows applications to operate as dedicated Layer 3 networks (RollApps), with their own infrastructure built on top of Starknet.
It is an approach designed to let different projects have tailored environments while keeping the connection to the underlying network’s security.
The STRK token
STRK is both a governance token and a utility token: since the early-2024 update it can also be used to pay transaction fees. It can also be put in staking, locking it to contribute to network security and receive variable, non-guaranteed rewards.
The token was distributed via an airdrop in early 2024 to early users of the applications built on Starknet, including some prominent protocols in the sector.
Starknet is developed by StarkWare, an Israeli company founded in 2018 and considered among the most advanced in the field of zero-knowledge technologies, which has raised funding from funds such as Sequoia Capital and Paradigm.
Past performance is not a guarantee of future results.
Starknet Market Data
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What does the Young Platform do?
Young Platform is the Italian platform for the crypto-asset world. Since 2018, we have been working from Turin to make buying and selling crypto-assets a clear and accessible experience — whether you are taking your first steps or trading regularly. Over 2 million users have already chosen us (as of June 11, 2026). Our shareholders include Azimut, United Ventures, and Banca Sella, among others. For details on our updated corporate structure, please visit the official page on our website.
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