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Starknet Exploring Ethereum Layer 2 Transition to Layer 1

Starknet has initiated a non-binding vote to explore the possibility of transitioning from an Ethereum Layer 2 solution to an independent, quantum-resistant Layer 1 blockchain. The proposal aims to maintain the native STRK token and keep the Ethereum bridge open, indicating reduced dependency on Ethereum's infrastructure. This move has led to increased scrutiny in prediction markets, particularly concerning Ethereum's price trajectory in October. The potential shift suggests uncertainty in Ethereum's ecosystem stability, with some market participants interpreting this as a decrease in the probability of Ethereum reaching higher price points this month.

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