Layer 2 Tokens Shine in October: SOON, ZKsync, Lisk Lead the Pack
The top Layer 2 tokens for October 2026 have been identified based on their performance in fees, activity, and upside. SOON is a rollup stack that brings the Solana Virtual Machine (SVM) to other base chains, with a current price of $0.2918 and market cap of $99.23M.
The team behind SOON claims 50 millisecond blocks and sub-cent fees, but daily trading volume is nearly matching the whole market cap, indicating heavy speculation. The project has no fixed supply cap and about 340 million tokens are currently circulating.
ZKsync is another top performer, building zero-knowledge rollups on Ethereum with a current price of $0.01212 and market cap of $131.11M. Investor and team tokens follow a four-year schedule with a one-year cliff before unlocks begin, which can add pressure to the price.
Lisk is closing its own chain by October 31, 2026, and transitioning to Ethereum Layer 2. The LSK token will become a loyalty token on Ethereum, earned by businesses through platform use and referrals. However, the team's job change may impact its performance as a scaling bet.
Immutable is a Web3 gaming network that merged its two older networks into one EVM-compatible chain, giving developers a single place to build. IMX is the gas token on the unified chain, with a current price of $0.1707 and market cap of $150.22M.