Connection Between Zcash and Starknet Drives a Strong Case for STRK Price
Starknet’s native token, STRK, surged 35% on Monday, in line with CoinGecko information, as analysts draw parallels between its trajectory and Zcash (ZEC).
With Zcash and Starknet sharing hyperlinks each via shared founders and a unified imaginative and prescient for programmable privateness, the current Zcash frenzy drives a robust case for STRK.
Starknet’s Zcash Connection Sparks Renewed Interest in STRK
Trading quantity for STRK almost hit $500 million on Monday and has since prolonged to $832.16 million. Meanwhile, the STRK token was buying and selling at $0.169, up a modest 5% within the final 24 hours on Tuesday.
The surge got here as traders started to note an rising narrative that Starknet will be the next evolution of Zcash, taking privateness know-how from a niche Layer-1 into a scalable, programmable Layer-2 setting.
Zcash and Starknet: Privacy Meets Scale
Zcash pioneered zero-knowledge proofs (ZKPs) for non-public transactions, constructing one of many strongest privateness layers in crypto.
Now, Starknet, constructed on STARK proofs, can confirm those self same Zcash proofs instantly on-chain, enabling privateness to function natively at Layer 2 speeds.
“Zcash constructed the strongest privateness layer. Starknet constructed the quickest proof system. Together, they’re creating programmable privateness at L2 velocity. Zcash stays the encrypted vault. Starknet turns into the quick, programmable layer on high,” analyst Djani explained.
This synergy might enable customers to maneuver ZEC into Starknet and deploy it privately throughout DeFi, video games, or AI agents whereas sustaining full shielding.
It is a structural improve from app-level privacy tools like Tornado Cash, as an alternative embedding confidentiality on the protocol stage.
The “Spiritual Successor” Narrative
Speculation in regards to the connection between the 2 ecosystems intensified after merchants highlighted that Eli Ben-Sasson, co-founder of each Zcash and StarkWare (Starknet’s father or mother firm), is successfully persevering with the identical imaginative and prescient, however at a increased layer of scalability and interoperability.
“Tell me why STRK isn’t the continuation of the ZEC commerce. STRK co-founder can also be a ZEC co-founder. STRK successfully expands privateness tech from an L1 to a programmable L2 setting. Starknet web flows highest of any L1/L2 after Arbitrum,” wrote DeFi researcher Avocado Toast.
Meanwhile, different crypto analysts and researchers spotlight Starknet as a Zcash beta, including credence to this thesis.
The comparability has sparked renewed curiosity within the “Ztarknet” thesis, suggesting that privateness and scalability, as soon as seen as trade-offs, are lastly converging via shared cryptographic infrastructure.
Capital Flows and Investor Caution
Meanwhile, Starknet has quietly turn out to be one of many strongest-performing ecosystems previously month. It ranks second in web inflows throughout all L1s and L2s, behind solely Arbitrum.
This capital rotation highlights mounting confidence in its know-how stack and ZK roadmap. However, traders stay cautious of unlocking stress, with information from CryptoRank.io showing $18.9 million value of STRK set to be launched within the coming week as a part of a 2% month-to-month unlock schedule that some concern might dampen near-term momentum.
The concern aligns with current stories that 90% of token unlocks drive prices down. Nonetheless, if the rising demand proves sustainable, it might offset promoting stress ensuing from the unlock occasion.
This is very true if Starknet’s development narrative, now tied to each privateness and scale, continues to draw liquidity and builders.
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