Taiko has wrapped up a multi-stage recovery process that included an independent security review, while its TAIKO token has surged as much as 136% in recent trading.

The Ethereum layer-2 network’s cross-chain bridge is now fully operational again, just 10 days after it was taken offline following the June 22 exploit.

The protocol halted activity after the breach was traced to a compromised SGX signing key that had been mistakenly exposed on GitHub. The flaw enabled an attacker to generate fake withdrawal proofs, draining about $1.7 million from the bridge and ERC20 vault contracts.

Bridge exploits tied to exposed or leaked keys remain a recurring problem in the crypto sector, with losses running into the hundreds of millions in 2026. Even so, Taiko’s response has been notably fast, with all affected users compensated in under two weeks.

In an update on X, Taiko said the bridge is open again and users can resume moving assets to and from the network. It added that the recovery is complete, the system has been fully restored, and all users have been made whole. The team also cautioned users to rely only on official communications and avoid scams, with a full post-mortem expected soon.

The recovery involved multiple steps, including patching the vulnerability, restoring full 1:1 bridge reserves, restarting layer-2 operations, and undergoing an independent security audit.

The bridge has reopened with conservative withdrawal limits to help maintain stability during the initial relaunch phase.

Markets have responded positively to the rapid turnaround, with TAIKO rallying sharply as confidence returned following the protocol’s effective containment of the exploit and commitment to protecting users.