Popular Altcoin Experiences Unexpected Outage Today – Developers Issue Statement

Ethereum’s layer-2 scaling network, Starknet (STRK), has announced it is back online today after an outage lasting approximately four hours.

The project team announced on X (formerly Twitter) that the network is currently fully operational, but warned that some transactions sent during the outage may have been affected.

According to the Starknet team, transactions submitted between 12:24 and 12:42 (UTC+3) may not have been processed correctly. The team stated that a comprehensive retrospective report on the incident will be shared in the coming days; this report will include a detailed timeline, an analysis of the root cause, and long-term preventative measures.

The outage lasted a total of four hours.

Such disruptions on blockchain networks can indirectly affect many on-chain activities, particularly decentralized finance (DeFi) applications. Halts in exchange transactions, delays in withdrawals, and disruptions in position updates are among the most common consequences for users.