Ethereum Founder Vitalik Buterin Triggered 120% ZkSync Price Rally With This Post

Altcoin 2025-11-03 09:59

Ethereum Founder Vitalik Buterin Triggered 120% ZkSync Price Rally With This Post

Key Notes

  • ZKsync price surged 120% after Vitalik Buterin praised the project’s contributions to Ethereum scalability.

  • The rally followed ZKsync’s “Atlas” upgrade announcement introducing faster, more interoperable institutional-grade payments.

  • ZKsync confirmed over 30 major institutions joined as observers for its new privacy-focused “Prividium” layer.

ZKsync price rallied 120% to hit $0.74 on Sunday after Ethereum co-founder Vitalik Buterin’s endorsement triggered intense market optimism. The move began on Friday when ZKsync founder Alex Gluchowski, announced the launch of the Atlas upgrade, citing institutional-grade scalability, interoperability, and transaction speeds as key features.

Gluchowski stated that the new update enables Layer-2 protocols to rely on Ethereum for liquidity and new institutional capital flows when deployed for cross-chain transactions and asset tokenization.


Vitalik Buterin reacted positively, posting on X that ZKsync has been doing a lot of underrated work in the Ethereum ecosystem.

The bullish post sparked instant market reaction. ZKsync was trading around $0.03 when Vitalik issued his first comment on Gluchowski’s post.  By close of trading on Saturday, Zksyn price soared 50% to hit $0.055 before extending gains to $0.74 in the early hours of Sunday.

Earlier in October, ZKsync also unveiled Prividium, an Ethereum-anchored, private, permissioned L2 solution promising to merge institutional privacy with public verifiability.


The project’s features include instant cross-border settlement, zero liquidity fragmentation, and atomic transactions running at over 15,000 TPS with one-second latency, according to the product details.

ZKsync confirmed that over 30 leading institutions, including Citi, Deutsche Bank, and Mastercard, had joined as observers to explore Prividium’s capabilities.

The Relative Strength Index (RSI) has spiked to 76.13, entering overbought territory. Traders said this indicates strong momentum but warned of short-term exhaustion if profit-taking begins near the $0.072–$0.075 resistance range. With the rest of the crypto market still held back by uncertain macro sentiment, there’s less incentive for Zksync holders to exit their positions.

Looking ahead, ZKsync could extend gains to $0.0085, given the persistent inflow of new orders shown in the 1,200% trading volume, as bulls absorb downside pressure from short-term profit-taking.

On the downside, failure to hold above $0.056 (the 100-day SMA) could trigger a brief retracement toward the $0.045 supply zone at $0.045 marked by the 200-day MA.

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This content is for informational purposes only and does not constitute investment advice.

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