important notes
ZKsync’s price soared 120% after Vitalik Buterin praised the project’s contribution to Ethereum’s scalability. This rise followed the announcement of ZKsync’s ‘Atlas’ upgrade, which introduces faster, more interoperable institution-level payments. ZKsync has confirmed that more than 30 major institutions have joined as observers for its new privacy-focused “Prividium” layer.
ZKsync price rose 120% to $0.74 on Sunday after Ethereum co-founder Vitalik Buterin’s endorsement sparked strong market optimism. The move began Friday when ZKsync founder Alex Gluchowski announced the launch of the Atlas upgrade, citing institutional-grade scalability, interoperability, and transaction speed as key features.
Gluchowski said the new update will allow it to rely on Ethereum for liquidity and new institutional capital flows when Layer 2 protocols are introduced for cross-chain transactions and asset tokenization.
ZKsync has done a lot of valuable and underappreciated work in the Ethereum ecosystem. Excited to see this from them! https://t.co/coZKCfsb8h
— vitalik.eth (@VitalikButerin) November 1, 2025
Vitalik Buterin responded positively, posting on X that ZKsync is doing a lot of work that is underappreciated in the Ethereum ecosystem.
This bullish post sparked an immediate market reaction. When Vitalik first commented on Gluchowski’s post, ZKsync was trading around $0.03. By the close of trading on Saturday, Zksyn price had soared 50% to $0.055, rising to $0.74 by early Sunday morning.
In early October, ZKsync also announced Prividium, an Ethereum-anchored private permissioned L2 solution that promises to blend institutional privacy with public verifiability.
The financial industry requires unbreakable private systems connected as one global network.
Citi, Deutsche Bank, Mastercard, and more than 30 of the world’s top institutions have joined us to explore the power of Privisium.
Announcing the Privisium Breakthrough Initiative. pic.twitter.com/GUbwRaWa3Q
— ZKsync (@zksync) October 13, 2025
According to product details, the project’s features include instant cross-border payments, zero liquidity fragmentation, and atomic transactions executed with 1-second latency at over 15,000 TPS.
ZKsync confirmed that more than 30 major institutions, including Citi, Deutsche Bank and Mastercard, participated as observers to investigate Privisium’s capabilities.
ZKsync price rose 120% on Sunday, November 2nd, boosted by bullish comments from Vitalik Buterin | Source: CoinmarketCap
Following Buterin’s remarks and the Atlas upgrade, ZKsync’s market cap soared towards $600 million, its highest since May 2025. According to Coinmarketcap data, Zksync’s trading volume also surged by 1,500%, confirming that the 122.4% price increase was mainly driven by events that occurred in the past 24 hours.
ZKsync Price Prediction: Downward Wedge Breakout Validates $0.085 Target
ZKsync price action confirmed the breakout of the long-term downward wedge above $0.70 that initially failed during the market crash on October 10th.
At first glance, the Aroon indicator shows that the Aroon rising line is fixed at 100%, while the Aroon falling line is at approximately 78.57%. This crossover confirms that a new uptrend cycle is underway after weeks of downtrend fatigue.
Beyond that, the daily candlesticks show a definitive breakout with all major moving averages, 50-day, 100-day, and 200-day SMAs all centered around $0.056. This convergence means that the majority of recent Zksync buyers are now in a profitable position.
ZKsync Price Prediction, November 2, 2025 |Source: TradingView
The Relative Strength Index (RSI) surged to 76.13, entering overbought territory. Traders said this indicated strong momentum, but warned that it could dry up in the short term 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, Zksync holders have less incentive to exit their positions.
Looking ahead, ZKsync could extend its gains to $0.0085 as bulls absorb the downside pressure from short-term profit taking and given the continued influx of new orders as evidenced by 1,200% trading volume.
On the downside, failure to sustain above $0.056 (100-day SMA) could result in a temporary retracement towards the $0.045 supply zone marked by the 200-day moving average.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information but should not be taken as financial or investment advice. Market conditions can change rapidly, so we recommend that you verify the information yourself and consult a professional before making any decisions based on this content.
Ibrahim Ajibade is an experienced research analyst with a background supporting various Web3 startups and financial institutions. He holds a Bachelor’s degree in Economics and is currently studying for a Master’s degree in Blockchain and Distributed Ledger Technology at the University of Malta.
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