Key Notes
- ZKsync price jumped 120% after Vitalik Buterin praised the project’s contributions to Ethereum’s scalability.
- The rally followed the announcement of ZKsync’s “Atlas” upgrade introducing faster and more interoperable institutional-grade payments.
- ZKsync has confirmed that more than 30 major institutions have joined as observers for its new privacy-focused “Privium” layer.
ZKsync price rose 120% to $0.74 on Sunday after Ethereum co-founder Vitalik Buterin’s endorsement sparked intense optimism in the market. The move began on Friday when ZKsync founder Alex Gluchowski announced the launch of the Atlas upgrade, citing scalability, interoperability and institutional-grade transaction speed as key features.
Gluchowski said the new update allows Layer 2 protocols to rely on Ethereum for liquidity and new institutional capital flows when deployed for cross-chain transactions and asset tokenization.
ZKsync has done a lot of underappreciated and valuable work in the Ethereum ecosystem. Looking forward to seeing this from them!
– vitalik.eth (@VitalikButerin) November 1, 2025
Vitalik Buterin reacted positively by posting on X that ZKsync had done a lot of underappreciated work in the Ethereum ecosystem.
The bullish message triggered an instant market reaction. ZKsync was trading around $0.03 when Vitalik posted his first comment on Gluchowski’s post. At the close of trading on Saturday, Zksyn price soared 50% to $0.055 before extending its gains to $0.74 in the early hours of Sunday.
Earlier in October, ZKsync also unveiled Prividium, a private, permissioned L2 solution anchored on Ethereum, promising to merge institutional privacy with public verifiability.
The financial sector needs private, incorruptible systems connected as a single global network.
Citi, Deutsche Bank, Mastercard and more than 30 leading global institutions have joined us to explore the power of Prividiums.
Unveiling the Prividium Breakthrough initiative. pic.twitter.com/GUbwRaWa3Q
– ZKsync (@zksync) October 13, 2025
The project’s features include instant cross-border settlement, zero liquidity fragmentation, and atomic transactions executing at over 15,000 TPS with 1-second latency, according to product details.
ZKsync confirmed that more than 30 leading institutions, including Citi, Deutsche Bank and Mastercard, had joined as observers to explore Prividium’s capabilities.
ZKsync price rose 120% on Sunday, November 2, fueled by bullish comments from Vitalik Buterin | Source: CoinmarketCap
Following Buterin’s remarks and the Atlas upgrade, ZKsync’s market capitalization soared to $600 million, its highest level since May 2025. According to data from Coinmarketcap, Zksync’s trading volume also soared by 1,500%, confirming that the 122.4% price rise was mainly due to the events that unfolded over the past 24 hours.
ZKsync Price Prediction: Falling Wedge Breakout Validates $0.085 Target
ZKsync price action confirmed the long-term falling wedge breakout above $0.70, which initially failed during the October 10 stock market crash.
At first glance, the Aroon indicator shows that the Aroon-Up line is set at 100%, while the Aroon-Down is around 78.57%. This crossover confirms that a new uptrend cycle is underway after weeks of downside exhaustion.
Beyond that, the daily candle shows a decisive breakout above all major moving averages, with the 50, 100, and 200-day SMAs all clustering around $0.056. This convergence implies that the majority of recent Zksync buyers are currently in profitable positions.
ZKsync Price Prediction, November 2, 2025 | Source: TradingView
The relative strength index (RSI) reached 76.13, entering overbought territory. Traders said this indicated strong momentum, but warned of near-term exhaustion if profit-taking begins near the $0.072 to $0.075 resistance range. With the rest of the crypto market still held back by uncertain macroeconomic sentiment, Zksync holders have less incentive to exit their positions.
Going forward, ZKsync may extend its gains to $0.0085, given the persistent influx of new orders shown in the 1,200% trading volume, as the bulls absorb the downward pressure from short-term profit-taking.
On the downside, failure to sustain above $0.056 (the 100-day SMA) could trigger a brief retracement towards the $0.045-$0.045 supply zone marked by the 200-day MA.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with experience supporting various Web3 startups and financial organizations. He completed his undergraduate degree in Economics and is currently studying for a Master’s degree in Blockchain and Distributed Ledger technologies at the University of Malta.
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