STRK Falls 38% in a Week as Starknet Rally Reverses

The gap between the token's sharp pullback and the far milder TVL decline suggests the selloff is concentrated in price speculation rather than a rush for the exits by users of the network. That divergence is the notable signal: capital deployed in Starknet's DeFi appears stickier than the token's recent run-up implied. The open governance vote on independent Layer 1 research adds a structural question mark over the network's direction, and whether that vote shifts sentiment or usage is the thing worth watching.