On August 28th, according to L2BEAT data, the locked-in value (TVL) of Starknet has rebounded by 46.06% in the past 7 days, and the current TVL is $143 million. Previously, the Starknet TVL decreased by 51% from August 16th (highest point of $203 million) to August 22nd, and the TVL fell below $100 million at one point.

Braavos tweeted that Starknet is being upgraded and users should use their old Starknet accounts to upgrade. Approximately 2% of users will be affected.

According to L2BEAT data, Starknet TVL has experienced a cliff-like drop of nearly 50% in the past two days, dropping from 204 million on the 16th to about 150 million, and then dropping to 106 million on the 17th.

According to official sources, Starknet mainnet will upgrade to version 0.12.1 next week. This upgrade is the second phase of the Starknet mainnet's "quantum leap" and aims to improve transaction efficiency. Starknet stated that currently, invalid transactions waste valuable sorter resources without paying fees.

According to L2BEAT data, the total locked-in value (TVL) of Starknet has reached 195 million US dollars, with a 7-day increase of 78.17%.

Braavos, the StarkNet ecological encryption wallet, announced the launch of the Multi-Owner Account function (Multi-Owner Account), which has been open-sourced, enabling: - team management on the chain; - MOA account as an independent account to pay gas fees by itself; - each owner can Use enhanced security options (2FA, 3FA...); - MOA can be integrated with any dApp; - Easily add/remove owners, adjust the minimum number of signatories required for transaction approval.

RabbitX, a decentralized derivatives exchange built on Starknet, will launch the zero-knowledge layer transaction chain RBX Chain, which aims to solve the scalability problems faced by DEX and DeFi. RBX Chain will be built on the second layer of Starknet's ZK, and use ZK technology to achieve order liquidity, zero-fee transactions and fast speed. The chain also supports interoperability with other decentralized application operations and is conducted and governed by the $RBX token.

Starknet's highly anticipated Quantum Leap upgrade has been deployed on the Ethereum mainnet, resulting in a significant increase in network speed with up to 90 transactions per second (TPS). Uri Kolodny, the CEO of StarWare, stated that this is a significant moment for the Ethereum blockchain as the scaling ceiling has been "smashed."

June 25 (Cointime) - Transaction activity on zkSync Era has surpassed that of Polygon zkEVM, indicating higher adoption and usage for zkSync. However, network growth for MATIC has declined, suggesting challenges in sustaining interest.

June 22 (Cointime) - Starknet, a scaling solution for Ethereum, is moving closer to being fully compatible with the Ethereum Virtual Machine (EVM) with the upcoming launch of Kakarot, a new zkEVM in August. Kakarot has received backing from Ethereum co-founder Vitalik Buterin, Ledger co-founder Nicholas Bacca, and Starkware.