Ethereum Updates: Buterin's Support Drives Ethereum's Advancement Toward Instant Worldwide Finance

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Ethereum Updates: Buterin's Support Drives Ethereum's Advancement Toward Instant Worldwide Finance

Bitget-RWA2025/11/02 12:16

By:Bitget-RWA

- Ethereum co-founder Vitalik Buterin endorsed ZKsync's Atlas upgrade, boosting ZK token prices by 50% and highlighting its role in enhancing Ethereum's scalability. - The upgrade offers 15,000–30,000 TPS, one-second finality, and unified liquidity between Ethereum's L1 and L2, addressing multi-chain fragmentation and enabling real-time cross-chain settlements. - Institutional adoption grows as ZKsync's Airbender proof system and governance token (ZK) attract firms like Deutsche Bank, with 33% of tokens al

Vitalik Buterin, one of Ethereum’s co-founders, has recently voiced strong support for ZKsync’s Atlas upgrade, sparking notable movement in the blockchain sector.

token values saw a significant jump, highlighting the project’s growing influence in advancing Ethereum’s scalability. In late October, the ZK token soared by more than 50%, rising from $0.03 to $0.045 after Buterin praised the project on social media, emphasizing Ethereum’s “incorruptibility” and describing ZKsync’s work as “underrated and valuable,” as reported by

a TradingView report

. This price rally reflected a broader surge within the

ZKsync

ecosystem, as the Atlas upgrade’s debut led to an 88% single-day gain for ZK and boosted the Layer-2 sector overall. Competitors such as MINA also benefited, jumping 43%, according to

a Coinotag article

Atlas, created by Matter Labs, represents a major leap forward for Ethereum’s Layer-2 technology. The upgrade brings throughput of 15,000–30,000 transactions per second (TPS), near-instant finality, and minimal fees, depending on the implementation, as detailed in

a CryptoFront report

and

a Coinotag report

. Buterin pointed out that the real breakthrough is Atlas’s ability to merge liquidity between Ethereum’s mainnet (L1) and Layer-2 (L2) networks. By removing fragmented liquidity pools, Atlas enables immediate cross-chain settlements and lets L2 chains tap into Ethereum’s capital instantly, according to the CryptoFront report. This development tackles a persistent challenge in multi-chain environments, where isolated liquidity pools have previously slowed down transactions and hindered composability.

Buterin’s endorsement goes beyond technical achievements. He has long championed zero-knowledge (ZK) rollups as the preferred path for Ethereum’s scaling, and Atlas fits his vision of a “real-time liquidity hub” that can accommodate institutional and real-world asset (RWA) flows, as Coinotag has previously reported. The upgrade’s Airbender proof system and high-speed sequencer further boost performance, positioning ZKsync as a strong foundation for enterprise adoption. Major financial institutions like Deutsche Bank and UBS are already investigating ZKsync for asset tokenization and compliance-focused applications, according to

a CCN article

The ZK governance token is set to be central in decentralizing ZKsync, with airdrops aimed at loyal users and 33% of the total supply reserved for the Matter Labs team and investors, as noted by CryptoFront. Buterin’s public support has boosted market optimism, but there are still hurdles to overcome. Some critics point out that while Ethereum’s mainnet is highly secure, Layer-2 solutions like ZKsync must continue to demonstrate their security through audits and real-world use, as discussed in

a Coinotag piece

Looking forward, the Atlas upgrade could enable

Ethereum

to rival traditional payment systems in terms of speed and efficiency. With Buterin’s endorsement and increasing institutional interest, ZKsync’s progress may help propel Ethereum from a settlement platform to a global financial backbone. As Buterin remarked, the project’s efforts mark “a meaningful step toward a real-time, global capital network built on Ethereum,” according to

a Coinfomania report

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.

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