Layer-2 Momentum Sends Starknet 25% Higher
Starknet’s token rallied roughly twenty-five percent in the last twenty-four hours and is now trading just under nineteen cents. Order-book snapshots across major spot venues show a broadening bid stack rather than isolated blocks, pointing to organic accumulation that coincides with heavier interaction on Starknet bridges and decentralized applications.
The surge arrives one week into a community hackathon that, while helpful for visibility, seems secondary to the steady uptick in contract deployments and bridge inflows observed since early November. When fees on the Ethereum base layer widen, rollups with working tooling and documentation tend to absorb the overflow—an effect that has again surfaced as gas costs crept higher this week.
Futures open interest is expanding proportionally to spot turnover, suggesting a balanced mix of directional positioning and cash trading rather than a leverage spike. That structure often marks the difference between a fleeting headline pump and a move that can consolidate at higher levels if network activity persists.
Privacy And Payments Re-Emerge: Zcash And Dash In Focus
Zcash Sustains Privacy-Led Recovery
Zcash added close to eighteen percent over the same period, extending a multi-week advance that has steadily rebuilt technical support near the mid-five hundred dollar zone. Wallet telemetry shows modest growth in shielded transfer counts—a metric that historically aligns with durable ZEC demand—while mining pools report stable hash power after months of decline. Liquidity across core pairs has thickened, allowing larger trades to clear with minimal price impact and reinforcing the idea that rotation into privacy assets is being executed methodically rather than mechanically.
Dash Tracks Merchant Flows
Dash has climbed about nine percent to the low-seventy-dollar range, rounding out the privacy-payment theme. The coin’s on-chain data reveal a subtle rise in median transaction size—often a sign that cross-border or remittance corridors are re-engaging. Unlike earlier speculative bursts, depth across top-tier order books has broadened on both sides, and intraday volatility has compressed, indicating that discretionary flows, not algorithmic momentum, are driving the advance.
What Selective Strength Says About Market Structure
The simultaneous out-performance of Starknet, Zcash, and Dash highlights a defining feature of the current late-cycle environment: capital is rotating into tokens that pair clear narratives with verifiable on-chain or exchange activity. Liquidity has remained consistent across active venues, letting these assets appreciate without leaning on extreme leverage. Until market-wide conviction returns, traders appear willing to pay a premium for projects that can demonstrate real users—whether through scaling throughput, privacy preservation, or everyday payments—while ignoring names that rely solely on broad bullish sentiment.
If volume dispersion and open interest continue to track spot flows, selective altcoin strength could persist into the final weeks of November. A sudden drop in depth, by contrast, would likely usher prices back toward established consolidation bands, resetting the rotation until the next catalyst rooted in tangible utility emerges.
