thedefiant.io
Ethereum Layer 2 Starknet’s token STRK is now natively accessible on Solana, with cross-chain interoperability provided by NEAR Intents, according to an announcement on Jan. 15.
The integration allows users to receive STRK directly in a Solana wallet from “a wide range of supported tokens and chains.”
The move brings STRK into Solana’s ecosystem — which has a TVL of nearly $11 billion — without requiring users to go through a standard bridging process. Instead, NEAR Intents uses a “solver-based execution model” where users specify an outcome and execution is handled behind the scenes, according to a press release viewed by The Defiant. The release emphasized the integration is meant to make the token easily accessible in Solana DeFi.
“The result is a practical cross-ecosystem workflow that prioritizes speed, usability, and real DeFi participation over novelty,” the release reads.
STRK will be available for spot trading on Solana-based decentralized exchange Jupiter, while fellow Solana DEX Meteora will act as the primary liquidity venue for STRK on the chain.
The launch comes a day after Solana’s official X account posted a jab at Starknet, criticizing the network’s reported daily activity and valuation. The post claimed Starknet had “8 daily active users” and “10 daily transactions,” while referencing its market cap and fully diluted valuation (FDV) and concluding, “Send it straight to 0.”
It also comes as Starknet has added more than $100 million in TVL since December, reaching over $313 million by press time, though it is still slightly below its March 2024 peak of nearly $331 million.
STRK is currently trading at $0.086 at press time, down about 6% over the past 24 hours, according to CoinGecko. The token has a market cap of roughly $435 million. Solana’s native token, SOL, is currently changing hands at $143, down 3% on the day.