- Starknet resumes operations after brief transaction processing disruption on January 5.
- Community awaits retrospective report detailing causes and solutions.
- Bithumb suspends STRK deposits pending network stability.
Starknet resumed full operations on January 5 after a temporary transaction processing issue, affecting the blockchain’s stability for transactions submitted from 9:24 to 9:42 AM UTC.
This incident highlights the challenges in maintaining network uptime, with STRK token liquidity impacted. A retrospective report is expected, detailing preventive measures to ensure future stability.
Starknet Faces Brief Transaction Halt on January 5
Starknet, a prominent player in the blockchain sector, faced a network halt on January 5, which impacted transactions for a brief period. The network disruption was confirmed by the official Starknet X account at 10:16 AM UTC. During this time, transactions were not processed correctly due to a block execution mismatch. Starknet developers are conducting a thorough root cause analysis as part of their response.
Pending the network’s stabilization, Bithumb suspended STRK deposits as a precautionary step, leaving its timeline for resumption undisclosed. Meanwhile, the community shows resilience, awaiting the retrospective report expected to outline the root cause and future preventive measures.
Wu Blockchain, Crypto KOL, Twitter, noted, “First official sign of downtime at 09:53 UTC from status page.” source
Market reactions were limited, yet Bithumb’s move indicates concerns for security and liquidity. No statements emerged from prominent industry voices or regulators, while the absence of quantifiable financial shifts draws attention to potential underlying vulnerabilities in network operations.
STRK Token Performance Amid Starknet’s Operational Resume
Did you know? The September 2025 outage on Starknet, similar to January 5, saw a 5% drop in the STRK token price, illustrating stark repercussions in network reliability and investor confidence.
Current data from CoinMarketCap indicates the STRK token is valued at $0.09, with a market capitalization of $459.44 million and a 0.01% market dominance. Despite the disruption, the 24-hour trading volume surged by 33.90% to $60.68 million. Recent price changes show 1.91% growth over 24 hours, a 12.19% increase over the past week, and a significant 45.68% drop in 90 days. Last updates were recorded at 15:48 UTC on January 5, 2026.
The Coincu research team suggests that these outages could press Starknet towards stricter operational protocol enhancements. Focusing on increasing stake participation and decentralization, as set out in their 2026 roadmap, may serve to bolster network resilience and investor trust in long term developments.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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