TLDR
Most major Layer 2 tokens did not post net gains over the past 7 days. Day-level strength came from Starknet (STRK) and zkSync, which briefly led sector moves per a market update.
- Starknet (STRK): 7d change -37.19%, 24h -9.53%. Volume 24h $289.16M.
- Mantle (MNT): 7d change -16.56%, 24h -1.76%. Volume 24h $87.99M.
- L2s showed pockets of strength, but weekly breadth was weak; see the Layer 2 category.
Deep Dive
1. Starknet
Starknet had one of the sharpest single-day spikes this week, with multiple reports citing 2035% intraday rallies and a week-on-week surge during midweek relief before reversing lower as risk-off resumed (blockworks market note, Finbold take).
- Current 7d performance and trading context: 7d -37.19%, 24h -9.53%, 24h volume $289.16M (USD).
- Project basics: Starknet is a ZK-Rollup L2 using STARK proofs with smart contracts in Cairo (Starknet FAQ).
STRK led day-level moves, but gains were not sustained on a weekly basis amid broad risk-off conditions.
2. zkSync
Coverage this week highlighted zkSync as a top L2 mover alongside Starknet during pockets of relief, with sector summaries naming zkSync among the intraday leaders (market update).
- Catalyst snapshot: zk-related narratives benefitted from attention to zero-knowledge scaling in risk-on windows.
- Weekly framing: despite strong sessions, sector-wide weekly breadth was negative, so net gains were thin.
zkSync showed notable bursts of momentum even as weekly totals across L2s underperformed.
3. Mantle
Mantle had modest resilience in some daily prints this week even as weekly totals turned down (sector wrap).
- Current 7d performance and trading context: 7d -16.56%, 24h -1.76%, 24h volume $87.99M (USD).
- Project basics: Mantle is an Ethereum-aligned L2 ecosystem with maker/">DAO governance and EigenLayer-based data availability (Mantle FAQ).
MNT showed relative steadiness intraday in a tough tape, but did not deliver net weekly gains.
Conclusion
This weeks L2 leaders were defined by day-level spikes, not sustained weekly gains. Starknet and zkSync stood out in relief sessions (linked above), yet weekly performance for major L2 tokens skewed negative as macro risk-off dominated. If youre tracking momentum, focus on whether these bursts convert into higher lows and rising 7d breadth across the Layer 2 category.
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