Starknet is showing signs of life: its stablecoin market cap has hit an all-time high as total value locked (TVL) climbs back above $300 million, signaling a measurable recovery for the Ethereum Layer-2. Key figures - TVL: $302.12 million, per DeFiLlama — the first time Starknet has topped $300M since early 2024 (its prior high was about $307M). - Stablecoin market cap: roughly $248 million, an all-time high and a sign of deeper DeFi liquidity on the network (DeFiLlama). - Daily active users: about 65,000 on average, placing Starknet fifth among Layer-2s in daily activity (Token Terminal). Why this matters Starknet’s TVL had fallen sharply through 2024 amid weak Layer-2 sentiment and reduced on-chain activity. The recent steady uptick in capital and growing stablecoin balances suggest users are redeploying assets and participating more actively in the network’s DeFi ecosystem. While current activity still trails peaks from 2023 and lags leaders like Base and Arbitrum, the rebound out of 2024’s trough is notable. A social media aside The recovery has even undercut a running joke: a resurfaced 2024 post claiming Starknet had “eight daily active users” — originally due to lapsed data — was mockingly reposted by Solana on X. Current on-chain metrics show engagement is orders of magnitude higher than those claims. Outlook Starknet’s combination of rising TVL, expanding stablecoin liquidity, and steadier user counts points to real momentum. Whether that momentum holds will hinge on continued capital flows and genuine on-chain usage rather than social narratives. Sources: DeFiLlama, Token Terminal, X/Solana Disclaimer: This content is informational and not investment advice. Crypto trading is high risk; do your own research before making decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

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