Starknet (STRK) emerged as one of the standout performers this week, rallying sharply as discussions around quantum computing threats brought renewed attention to the network.
STRK climbed from approximately $0.05 to highs above $0.12, gaining over 100% during the week before settling near $0.105 on October 12.
The rally gained momentum after StarkWare CEO Eli Ben-Sasson warned that quantum computing could threaten blockchain security sooner than expected.
He highlighted how artificial intelligence is accelerating advances in quantum computing, potentially making existing cryptographic systems vulnerable.
StarkWare is also considering greater independence from Ethereum to accelerate security upgrades, attracting market attention to Starknet’s future development.
STRK’s Relative Strength Index (RSI) stood near 53.84, indicating neutral momentum after the sharp rally.
Meanwhile, the MACD showed early signs of positive momentum, suggesting buyers were attempting to regain control following a pullback.
![Starknet [STRK] | Coin of the Week | 6th-12th October 2026](https://mudrex.com/learn/wp-content/uploads/2026/10/download-1-1-1024x246.png "Starknet [STRK] | Coin of the Week | 6th-12th October 2026")
STRK’s aggregated open interest climbed to approximately $165.4 million, reflecting increased participation in futures markets.
The funding rate also turned strongly positive at 0.0339, indicating bullish positioning among leveraged traders.
However, elevated funding rates could increase liquidation risks if prices reverse.
With quantum security discussions driving attention and derivatives activity rising, STRK remains a token to watch.
However, its upcoming October 15 token unlock of 127 million STRK could introduce additional selling pressure and volatility.
