Ethereum Updates: Buterin's Support Fuels ZK Token Rally, Elevates Ethereum as a Leading Liquidity Hub
- ZK token surged over 50% to $0.045 on November 1, 2025, driven by Ethereum co-founder Vitalik Buterin's endorsement. - ZKsync's Atlas upgrade introduced 30,000 TPS sequencer and Airbender system, enhancing Ethereum's scalability and cross-chain liquidity. - Matter Labs plans ZK governance token airdrop (33% to team/investors) to decentralize ZKsync and boost institutional adoption. - Analysts highlight 15,000 TPS and near-zero fees as key advantages positioning ZKsync for enterprise and real-time financi
On November 1, 2025, the value of the ZK token soared by more than 50%, jumping from $0.03 to $0.045, after receiving a notable endorsement from
Atlas, launched by ZKsync’s parent company Matter Labs, features a new high-speed sequencer that can handle up to 30,000 transactions per second (TPS) while remaining fully compatible with Ethereum, as detailed by Cryptobriefing. The upgrade also introduces Airbender, a mechanism that allows for instant confirmations and cross-chain settlements. These advancements help establish Ethereum as a "genuine liquidity powerhouse," according to a
The upgrade’s instant liquidity capabilities are especially impactful for institutional investors and real-world asset (RWA) transactions. Before Atlas, Layer-2 solutions like
Matter Labs has also revealed plans to further decentralize ZKsync by launching a governance token,
The sharp rise in ZK token’s value highlights both the technical strengths of the upgrade and the weight of Buterin’s endorsement. His tweet calling Ethereum "incorruptible" reinforced the project’s alignment with Ethereum’s foundational values, while also emphasizing ZKsync’s contribution to improving blockchain scalability. Experts observe that the upgrade’s emphasis on enterprise-level performance—such as 15,000 TPS and minimal fees—positions ZKsync as a strong option for institutional users and real-time financial services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Filecoin Reaches Critical Juncture: Surpassing $2.30 May Lead to Value Doubling
- Filecoin (FIL) approaches $2.30 resistance, with a breakout potentially doubling its value to $4.60 amid broader crypto optimism. - Bitcoin sees $8B ETF inflows and could reach $140,000 by November if Fed easing and institutional adoption continue. - Ethereum forms bullish patterns near $4,080 support, aligning with crypto market recovery and altcoin momentum. - Crypto infrastructure growth (e.g., Bitcoin miner investments) and macroeconomic factors drive sector confidence despite lingering volatility ri
Zcash's Approach to Balancing Privacy and Regulation Draws Institutional Interest
- Zcash (ZEC) surges to $409 amid strategic upgrades and institutional adoption, with 971.1% annual gains and $7B market cap. - ECC’s Q4 2025 roadmap prioritizes privacy upgrades (ephemeral addresses, hardware wallet integrations) and regulatory compliance via optional viewing keys. - Institutional demand grows as Grayscale manages $137M in ZEC assets, while Arthur Hayes predicts $10,000 potential during an "altseason" driven by fixed supply and adoption. - Technical indicators show bullish momentum ($529M
Solana News Today: "Solana ETFs See Growth as Token Declines: Higher Staking Returns Drive Investors to Switch"
- Solana ETFs gained $44.48M in inflows, defying broader crypto market weakness as Bitcoin and Ethereum ETFs saw combined $290M outflows. - Bitwise Solana ETF (BSOL) surged 4.99% with $222.8M in assets, driven by staking yields and novel narratives despite SOL token's 8% weekly price drop. - On-chain data revealed 1.1M SOL transfer from Jump Crypto to Galaxy Digital, fueling speculation about Bitcoin rotation amid profit-taking pressures. - Bitcoin ETFs maintained $931M weekly net inflows ($30.2B annual to
Bitcoin Updates: $717 Million in Bitcoin Moved to New Wallet, Owner and Purpose Remain Unknown
- A $717M Bitcoin transfer from Coinbase to a new anonymous wallet has triggered market speculation about institutional activity or security measures. - Analysts highlight whale behavior implications, though anonymity complicates identifying motives like portfolio rebalancing or cold storage moves. - CoinW's BankrCoin (BNKR) listing on October 29 aims to boost short-term interest through $8,000 USDT bounties and promotional campaigns. - Market observers caution against overreacting to single large transfer
