Crypto summary for 11/10: a day in the green, Starknet +14%

A day in the green: 8 of the 10 largest cryptocurrencies are rising, and the top 10 are gaining an average of 2,70%.

Market data as of 20:55 (peninsular time) on 11/10. Prices change continuously.

The key points of the day

• Bitcoin and Ethereum: BTC 74.581 € (+ 0,61 %), ETH €2.257 (+ 0,65 %).
• What moved the most: starknet + 13,97 %Near Protocol + 6,63 %.
• The reason for the day: The market shows a slightly positive tone, although with wide differences between assets and some pullbacks.

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What has moved the market

Specific catalysts for each protocol, rather than a cross-cutting cause, explained the standout movements: ETF demand, growth of NEAR Intents, and new integrations in NEAR. View source

Starknet's narrative about potentially becoming a sovereign, quantum-resistant Layer 1 network fueled a strong revaluation of STRK. View source

Altcoin repricing with idiosyncratic catalysts in NEAR and Starknet, while ARB only shows short-term upside coverage without an explicit driver in the window (coincentral.com; TokenPost; UsetheBitcoin).

Starknet (STRK) It goes up 13,97%

Starknet goes from €0,09 to €0,10 in 24 hours.

• StarkWare warned that the threat of quantum computing might be closer than anticipated and noted that Starknet was considering separating from Ethereum to accelerate its security efforts, possibly through its own Layer 1 infrastructure. The news explicitly linked this narrative of quantum security and autonomy to the STRK rally's expansion.
• The rally was attributed to the market's reaction to the possibility of Starknet transitioning from a Layer 2 Ethereum blockchain to a standalone Layer 1 blockchain, with additional references to a strategy focused on greater quantum resilience. The coverage published within the window links this development to the token's rise.

Sources: Yahoo Finance · TokenPost · Usethebitcoin

Near Protocol (NEAR) It goes up 6,63%

Near Protocol drops from €4,76 to €5,08 in 24 hours.

• The coverage published during the trading window linked NEAR's rise to several specific catalysts: inflows into the Bitwise spot ETF, which reached a net flow of $5,13 million on October 9, the cumulative volume exceeding $33.000 billion in NEAR Intents, and new privacy integrations such as CircuitAI. The source presents these factors as elements that sustained NEAR's rally.
• It rose following news of a 'quantum-resistant' improvement to the network: the account can now use ML-DSA, a firm designed to withstand quantum computers, and several media outlets also linked the rally to the growth of NEAR Intents and the launch of a NEAR spot ETF in the US. The connection to the price is explicit in the pieces published within the window.

Sources: Usethebitcoin · Coincentral · TokenPost

The rest of the top

Cosmos (-2,00%) and Cardano (-0,02%) fell without any specific news on the horizon, in line with the market's overall tone. Arbitrum (+5,72%), Solana (+1,02%), Ethereum (+0,65%), Bitcoin (+0,61%), XRP (+0,21%), and Sui (+0,16%) rose without any identified catalyst.

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Today's news

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