Starknet goes down for over 4 hours, team is ‘actively investigating’
Starknet, a popular Ethereum layer-2 rollup solution, is currently facing a major outage that has rendered the protocol offline for more than 4 hours. This unexpected downtime has disrupted the normal functioning of the platform, causing inconvenience to users who rely on it for various decentralized finance activities.
In a recent update on X, the Starknet team acknowledged the ongoing downtime and assured users that they are actively investigating the issue to restore full functionality as soon as possible. The outage has raised concerns among the community as it can potentially impact decentralized finance operations such as swaps, withdrawals, and position updates.
At this time, Starknet has not disclosed the root cause of the outage, the estimated time for recovery, or whether user funds are at risk. CoinDesk reached out to the team for further clarification but has not received a response yet.
Despite the disruption, the price of Starknet’s native token, STRK, has remained relatively stable, showing a minor increase of 1.92% over the last 24 hours according to CoinMarketCap. This indicates that investors are maintaining confidence in the project’s long-term prospects despite the current technical difficulties.
As the Starknet team continues to work on resolving the outage and restoring full functionality, users are advised to stay updated on official channels for further announcements and instructions. In the meantime, it is important for users to exercise caution and ensure the safety of their funds during this challenging period.
