POPA ReconWhy is STRK reacting to this news like that?
Why is STRK reacting to this news like that? It is simple: market cap. The gap between L1 and L2 is tens of times. The avg. MC of L1s (excl. ETH, SOL, BNB, and TRX) is ~$3B (NEAR — $7B, ICP — $1.8b, APT — $0.7B). The MC of the entire L2 sector is $10B (MNT — $1.9B, ARB — $1.2B). If they really become a private, quantum-resistant L1, that is a strong fundamental…
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