Buterin Backs ZKsync Atlas, ZK Token Doubles
Ethereum co-founder Vitalik Buterin has endorsed ZKsync’s Atlas upgrade, praising its technical breakthroughs. Initial endorsement drove ZK token up over 50% from $0.03 to $0.045. In a detailed follow-up, Buterin highlighted Atlas metrics—15,000+ TPS, one-second proof finality and near-zero fees—saying it lets Layer 2 networks tap Ethereum liquidity directly. After these remarks, the Binance-listed ZK token surged over 100%, doubling its value. Developed by Matter Labs, Atlas introduces a new high-performance sequencer (30,000 TPS), full Ethereum compatibility and Airbender for fast cross-chain settlement. Traders should monitor the Atlas roadmap and evolving Layer 2 liquidity dynamics, as improved scalability and interoperability could sustain bullish momentum for ZK token.
Bullish
Vitalik Buterin’s endorsement and detailed praise of ZKsync’s Atlas metrics have significantly boosted market confidence. The initial 50% rally followed by a 100% surge on Binance demonstrates strong trader demand. Atlas’s high throughput, low fees and direct liquidity access are likely to attract additional users and institutional interest. In the short term, trading volumes and price momentum for ZK token are expected to remain elevated. Long term, the upgrade’s enterprise-grade scalability and interoperability benefits could underpin sustained bullish sentiment, though traders should watch for any profit-taking or broader market shifts.