ZKsync, Starknet, Linea Lead Ethereum L2 Comeback Today
The post ZKsync, Starknet, Linea Lead Ethereum L2 Comeback Today appeared on BitcoinEthereumNews.com.
U.S. Senate’s 60–40 vote to end the 41-day shutdown restored risk appetite, pushing crypto cap back to $3.59T Ethereum Layer-2 tokens led the rebound, with Starknet up more than 40% and ZKsync and Linea posting double-digit gains Traders are positioning for Ethereum’s Fusaka upgrade in December 2025, which strengthens the ZK narrative behind these moves The crypto market switched back to risk-on on November 10, rising 4.9% in a day to about $3.59 trillion after the U.S. Senate advanced a bipartisan bill to reopen the government, easing a 41-day liquidity squeeze. The move pulled Bitcoin above $106,000 and sent Ethereum higher with scalability tokens tied to the network’s rollup roadmap. Layer-2 names outpaced large caps, telling traders this rebound is being driven by the Ethereum infrastructure trade rather than meme flow. Shutdown Deal Brings Liquidity Back into Crypto Senators voted 60–40 to move a funding package that would reopen closed agencies through January 30, 2026, rehire furloughed workers, and restore delayed spending. Markets had been pricing slower federal cash outlays and postponed SEC actions during the shutdown, which pushed risk assets lower through early November. The procedural win signalled that the fiscal drag may fade within days, giving crypto room to reclaim lost capitalization. Ethereum Layer-2 Tokens Seize the Rally The strongest response came from Ethereum’s scaling ecosystem. ZKsync traded around $0.063–$0.064 after an 8–12% daily move, with volumes above $300 million, showing that sidelined capital chose the rollup theme first. Starknet outperformed with a 40% plus spike to about $0.20 and market value near $940 million, confirming that traders chased beta inside the same cluster. Linea followed with a double-digit pop on lighter liquidity, completing the L2-led rebound picture. This is the same three expected to benefit once Ethereum’s December Fusaka upgrade improves data throughput for ZK rollups. The…
Filed under: News - @ November 10, 2025 2:27 pm