StarkWare is entering a fierce "clean-up" phase, as Starknet's revenue has plummeted by 99% from its peak, and the company has laid off staff during the restructuring process. This deep retreat reflects an unavoidable reality: the hype around Layer-2 has cooled down, and the market now demands real value rather than just narratives.

Notably, just days after announcing a solution to resist quantum threats to Bitcoin, StarkWare quickly adjusted its senior management, appointing a researcher to lead a new application division. This is seen as a strategic move to shift from pure research to practical applications with revenue-generating potential.

👉 This indicates:

Large crypto projects are being forced to optimize operations.

"Burning money for growth" is no longer a sustainable path.

The focus is shifting toward products with genuine users.

In an increasingly harsh market environment, StarkWare is not an exception but a microcosm of the entire industry.