Starknet’s new mainnet upgrade is live, and traders are already watching how it might shape STRK after one of the token’s roughest months this year.
The Ethereum Layer 2 network pushed its v0.14.1 update to the mainnet on November 25. It follows a testnet run earlier in the month.
The release, developed by StarkWare and the Starknet core team, introduces faster block production during quieter periods, a new hash function standard, and an enhanced JSON-RPC stack.
The upgrade arrives while STRK trades near multi-week lows, around $0.13–$0.14, after a steep drop from its mid-November highs.
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How Does Starknet’s Latest Upgrade Improve Block Production and RPC Performance?
StarkWare has rolled out a new Starknet upgrade, v0.14.1, as confirmed in a post on X. The team stated that the update focuses on three key areas: a new hash function setup, changes to the block production process, and new RPC support.
We’re shipping a new Starknet upgrade: v0.14.1.
Main highlights:
– Move from Poseidon → BLAKE hash functions (SNIP-34)
– Faster block closing during low activity
– JSON-RPC v0.10.0 with new state diff, event, and subscription updatesComing on Testnet Nov 11 and Mainnet…
— StarkWare (BTCFi arc) 🥷 (@StarkWareLtd) October 26, 2025
The upgrade marks the full shift from Poseidon to the BLAKE hash family for compiled_class_hash.
This change follows the SNIP-34 standard and lines up the network with the Stwo prover architecture. StarkWare claims the move should benefit developers by reducing proof costs.
Starknet is also introducing logic that closes blocks more quickly when activity is low. The goal is simple: cut waiting times during quiet periods so users don’t feel the slowdown.
Additionally, nodes are now adopting JSON-RPC v0.10.0.
This version updates how state diffs, events, and subscriptions are delivered, giving indexers and tooling teams a clearer format to work with.
Starknet’s public calendars now indicate that the upgrade is live, marking another milestone in the network’s 2025 roadmap.
The update itself is small, but it follows two major changes to Starknet’s core design. On November 5, the team pushed its Stwo prover to the mainnet, replacing the older proof system.
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STRK Price Analysis: How Deep Is Starknet’s Price Drawdown Compared With 2024 Levels?
As of November 26, STRK is trading near $0.136, with a 24-hour volume holding in the $210–$230 million range across major exchanges.
CoinGecko data indicates a seven-day decline of approximately -36%. That puts STRK well behind the wider market and most other smart-contract tokens this week.
Starknet’s fully diluted value is about $1.38Bn. Its circulating market cap sits close to $620M, based on a supply of around 4.6Bn STRK.
The token is still down more than 90% from its 2024 peak. It highlights how deep the earlier downturn was, even with the bounce seen in November.
DeFiLlama tracks Starknet’s DeFi TVL at about $221M. Stablecoins on the network hover around $155–$156M, with the stablecoin base growing about 5% over the past month.
Over the past 24 hours, Starknet has recorded approximately $28.6 million in DEX trading.
Perpetual futures volume is far higher, at roughly $ 1.35 billion, which shows how much the ecosystem relies on derivatives activity.
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