TLDR: Starknet’s Shinobi upgrade is live on Mainnet, enabling protocol-level native privacy for the first time.  strkBTC brings Bitcoin into Starknet with privacyTLDR: Starknet’s Shinobi upgrade is live on Mainnet, enabling protocol-level native privacy for the first time.  strkBTC brings Bitcoin into Starknet with privacy

Starknet Phase 4 Is Here: Shinobi Upgrade Brings Native Privacy and Bitcoin Support to Mainnet

2026/05/01 21:01
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

TLDR:

  • Starknet’s Shinobi upgrade is live on Mainnet, enabling protocol-level native privacy for the first time. 
  • strkBTC brings Bitcoin into Starknet with privacy support, backed by two governance votes closing May 7. 
  • Eight new projects launched on Starknet Mainnet, including Privily, the first privacy-focused L3 neobank. 
  • Loot Survivor hit 100 million onchain transactions, ranking ninth among the most active Ethereum ecosystem apps.

Starknet is entering a new chapter known as Phase 4, marking a strategic shift for both the network and StarkWare. After years of building infrastructure, the focus now turns to what that infrastructure can actually produce.

StarkWare has adjusted its strategy accordingly, cutting low-signal activities and directing resources toward products, adoption, and economic alignment. The change signals a maturing ecosystem ready to deliver real-world utility.

Native Privacy Infrastructure Is Now Live on Starknet

The Shinobi upgrade is now live on Starknet Mainnet, introducing protocol-level changes that make native privacy possible.

This is not a third-party bolt-on solution — it is built directly into the protocol. The upgrade lays the groundwork for a new class of applications that were previously not feasible on public blockchains.

The first major use case enabled by Shinobi is STRK20s, which brings privacy to all ERC-20 assets on the network. Among the assets covered is Bitcoin, through strkBTC — a new Bitcoin wrapper developed by the Starknet Foundation and StarkWare. This gives Bitcoin holders a privacy-preserving entry point into the Starknet ecosystem.

Two governance votes tied to strkBTC are currently live and close on May 7. As shared by StarkWare on X: “The vote to validate the strkBTC bridge structure and signers is live and ends on May 7. The vote to make strkBTC eligible for Bitcoin staking is also live and ends on May 7.” Community participation in these votes shapes how the bridge operates going forward.

Private transactions are already accessible through Paymaster and private swaps via Avnu. Cross-chain private swaps to and from Starknet are also live through RocketX, expanding the network’s reach beyond its own ecosystem.

Ecosystem Growth Continues With New Projects and Strong Metrics

Eight new projects have launched on Mainnet: Privily, YieldStark, Nums, Abyss, Midgard, Armored_MMA, Lil Duckies, and GuessMyNFT.

Privily, the first L3 built on Starknet, is now live in beta as a privacy-focused neobank. Ready also launched USD Prime, giving users access to Ethereum yield strategies without leaving Starknet.

On the developer side, Starknet currently holds the top position in the Ethereum ecosystem for onchain developer activity.

The latest Re{define} Hackathon attracted 248 project submissions. Starkzap crossed 4,000 downloads, and Loot Survivor has generated 100 million onchain transactions — making it the ninth most active app across Ethereum.

Financial activity on the network is also growing. Ready Card users have spent $50 million in real-world transactions.

Extended has roughly 30 TradFi markets live, covering equities, commodities, ETFs, and forex. Vesu continues to record consistent usage growth, with its metrics trending upward.

The post Starknet Phase 4 Is Here: Shinobi Upgrade Brings Native Privacy and Bitcoin Support to Mainnet appeared first on Blockonomi.

Market Opportunity
4 Logo
4 Price(4)
$0.008626
$0.008626$0.008626
-7.42%
USD
4 (4) Live Price Chart

AI Strategy: Powered 24/7

AI Strategy: Powered 24/7AI Strategy: Powered 24/7

Generate automated strategies using natural language

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Chainlink Whale Activity Rises While Price Bleeds for 7 Straight Months

Chainlink Whale Activity Rises While Price Bleeds for 7 Straight Months

The post Chainlink Whale Activity Rises While Price Bleeds for 7 Straight Months appeared on BitcoinEthereumNews.com. Chainlink (LINK) is seeing an increase in
Share
BitcoinEthereumNews2026/04/02 18:51
Treasury’s first GENIUS rule tightens Washington’s grip on who can scale stablecoins

Treasury’s first GENIUS rule tightens Washington’s grip on who can scale stablecoins

Treasury’s first proposed rule under the GENIUS Act does more than outline stablecoin supervision, as it shows where control sits as the market scales: states may
Share
CryptoSlate2026/04/02 19:10
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!