Key Takeaways
- Solana criticized Starknet for imbalance between high valuation and low user activity.
- The post appears to be a sarcastic comment referring to historical on-chain data from 2024.
Solana’s official X account on Wednesday publicly mocked Starknet, a prominent layer 2 solution, over a stark mismatch between the project’s valuation and on-chain activity.
The statement pointed to Starknet’s low daily active users and transactions despite maintaining a billion-dollar market capitalization.
The post appears to be a sarcastic comment referencing a snapshot of on-chain data from 2024 that showed Starknet with very low daily active users and transaction counts at the time.
It sparked numerous responses from crypto projects and industry figures, such as Bubblemaps, MegaETH, and Pump.fun co-founder Alon Cohen.
The team behind Solana’s official X account has developed a reputation for outspoken commentary, most recently engaging with an XRP supporter over claims about Ripple and XRP’s competitiveness versus Solana.
Source: https://cryptobriefing.com/solana-questions-starknets-valuation-discrepancy/
