Solana's official social media accounts publicly questioned whether Starknet's valuation aligns with its network activity, reigniting the Layer 1 and Layer 2 network debate. The post compared Starknet's billion-dollar market cap with its perceived lower usage rate, but existing data shows that Starknet has over 65,000 daily active users and security asset value worth hundreds of millions of dollars. This incident highlights ongoing debates about valuation metrics and scaling methods, while at the same time, Solana's market performance remains strong—SOL's trading price is close to $147.47, with a market cap exceeding $83 billion.
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Solana's official social media accounts publicly questioned whether Starknet's valuation aligns with its network activity, reigniting the Layer 1 and Layer 2 network debate. The post compared Starknet's billion-dollar market cap with its perceived lower usage rate, but existing data shows that Starknet has over 65,000 daily active users and security asset value worth hundreds of millions of dollars. This incident highlights ongoing debates about valuation metrics and scaling methods, while at the same time, Solana's market performance remains strong—SOL's trading price is close to $147.47, with a market cap exceeding $83 billion.