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ZKsync’s native token $ZK has skyrocketed more than 143% in just two days, hitting a six-month high of $0.073 on Sunday, following public support from Ethereum co-founder Vitalik Buterin and the unveiling of the project’s major upgrade, “Atlas.”
ZKsync has been doing a lot of underrated and valuable work in the ethereum ecosystem. Excited to see this come from them! https://t.co/coZKCfsb8h
— vitalik.eth (@VitalikButerin) November 1, 2025
The rally began last Friday when ZKsync founder Alex Gluchowski announced the launch of Atlas, describing it as a “next-generation institutional scaling solution” that delivers near-instant transaction confirmations, cross-chain interoperability, and streamlined asset tokenization. The upgrade is expected to pave the way for institutional liquidity integration on Ethereum Layer 2 , a key step toward attracting large-scale financial players.
Vitalik’s Endorsement Sparks a ‘Vitalik Rally’
Shortly after the announcement, Vitalik Buterin praised ZKsync’s “quiet but crucial contributions” to Ethereum’s ecosystem, expressing excitement about the project’s progress.
His endorsement triggered what traders jokingly called a “Vitalik Rally.” Within hours of his post:
- $ZK surged from around $0.03 to over $0.045, a 50% jump in just hours;
- By Sunday morning, it touched $0.055, and later peaked at $0.073;
- ZKsync’s market capitalization briefly topped $600 million, its highest since May;
- However, the token later retraced sharply, trading around $0.051 at press time, down 17% intraday.
ZKsync Targets Institutional Adoption With ‘Prividium’
The surge also comes amid growing institutional interest in ZKsync’s enterprise-focused products. Last month, the project introduced Prividium, a private, permissioned Layer 2 network built on Ethereum and designed for institutional-grade privacy and verifiability.
According to official data:
- Prividium supports 15,000+ TPS with 1-second latency, enabling instant cross-border settlements and atomic-level trade matching;
- Over 30 major institutions, including Citi, Deutsche Bank, and Mastercard, are participating as “observers” in pilot trials.
Industry analysts say ZKsync’s dual focus on scalability and regulatory-grade privacy could position it as a bridge between DeFi and traditional finance, especially as global institutions seek blockchain solutions compliant with existing financial frameworks.
