ZKsync, Starknet, Linea Lead Ethereum L2 Comeback Today

• 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 update, supported by co-founder Vitalik Buterin, focuses on enhancing zero-knowledge (ZK) technology and refining ZK-SNARK implementations, changes that are expected to impact the broader rollup ecosystem.

Market Structure Tilts Back to Spot Buying

ZKsync’s token rose 12% over the past 24 hours, reaching $0.0636, with a market capitalization of $542.29 million. Trading volume increased by 81% to $307 million, signaling strong participation following a week of limited price movement.

The project’s 8.52 billion circulating supply, representing 40% of its total issuance, supported a 56.56% volume-to-market capitalization ratio, indicating heightened short-term speculation and growing spot demand.

Starknet and Linea Follow Upward Trend

Starknet’s STRK token led the rally with a 51.03% increase, trading at $0.2109 and lifting its market capitalization to $961.93 million. The trading volume surged by 26.01%, standing at $425.31 million. STRK’s 43.79% volume-to-market capitalization ratio indicated active investor participation.

Meanwhile, Linea’s LINEA token advanced by 11.34% to $0.01334, supported by a trading volume surge of 21.12% to $94.64 million. The asset’s market capitalization reached $206.62 million. 

Outlook Tied to Final Senate Passage and Ethereum’s Roadmap

Traders will watch whether the Senate can finalize the reopening bill without new healthcare riders that could slow it, because another delay would pull liquidity support back out of the market. On the crypto side the next catalyst is firmly Ethereum-specific, so L2 leaders that just printed double-digit gains will need confirmation from developer channels that Fusaka ships on the December timeline. 

Until then the market has a clear read: Washington is close to turning the funding tap back on, and the fastest responders on crypto were ZKsync, Starknet, and Linea.