Starknet's recent performance has shown an interesting situation. I was truly shocked to hear that its revenues have dropped by 99% from their peak. StarkWare reaching this point and initiating a restructuring process indicates how difficult a period the team is going through.

According to the news, the company had to resort not only to revenue loss but also to personnel cuts. Such a decline is an example of how quickly a project offering Layer 2 solutions can change. The gap between the growth expectations of the Starknet ecosystem and its actual performance appears to be quite wide.

Restructuring efforts generally indicate that companies are trying to improve operational efficiency. However, this level of revenue loss points to deeper problems. Perhaps the growth rate of the user base fell short of expectations or competition became very fierce.

It will be interesting to see what strategy StarkWare will follow during this period. I am curious about how the Starknet ecosystem will proceed after the restructuring. While such fluctuations occur in the Layer 2 space, these kinds of moves once again demonstrate the sector's dynamism. Success in the crypto world seems to be related not only to technology but also to operational discipline and marketing strategy.