diff --git a/.changeset/rspack-2-cache-warning.md b/.changeset/rspack-2-cache-warning.md
new file mode 100644
index 000000000..5fa740cc3
--- /dev/null
+++ b/.changeset/rspack-2-cache-warning.md
@@ -0,0 +1,5 @@
+---
+"@callstack/repack": patch
+---
+
+Show a one-time warning when a legacy `experiments.cache` value is detected under Rspack 2. Rspack 2 moved persistent cache configuration to the top-level `cache` option and silently ignores the legacy key, so persistent caching would be lost without any signal. The config is left untouched - migrate the value to the top-level `cache` option in your Rspack config.
diff --git a/packages/repack/src/commands/common/__tests__/warnLegacyRspackCacheConfig.test.ts b/packages/repack/src/commands/common/__tests__/warnLegacyRspackCacheConfig.test.ts
new file mode 100644
index 000000000..ada707008
--- /dev/null
+++ b/packages/repack/src/commands/common/__tests__/warnLegacyRspackCacheConfig.test.ts
@@ -0,0 +1,203 @@
+describe('warnLegacyRspackCacheConfig', () => {
+  let warnSpy: jest.SpyInstance;
+
+  beforeEach(() => {
+    // the helper keeps module-level once-only state - re-evaluate it per test
+    jest.resetModules();
+    warnSpy = jest.spyOn(console, 'warn').mockImplementation(() => {});
+  });
+
+  afterEach(() => {
+    warnSpy.mockRestore();
+  });
+
+  const loadHelper = () => {
+    // require instead of import so jest.resetModules() re-evaluates the module
+    const module: typeof import(
+      '../warnLegacyRspackCacheConfig.js'
+    ) = require('../warnLegacyRspackCacheConfig.js');
+    return module.warnLegacyRspackCacheConfig;
+  };
+
+  it('does not warn when no config uses the legacy experiments.cache key', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      {},
+      { cache: true },
+      { cache: { type: 'persistent' } },
+      { experiments: {} },
+    ]);
+
+    expect(warnSpy).not.toHaveBeenCalled();
+  });
+
+  it('warns when a config has experiments.cache and no top-level cache', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      { experiments: { cache: { type: 'persistent' } } },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+    expect(warnSpy.mock.calls[0][0]).toMatch(/experiments\.cache/);
+    expect(warnSpy.mock.calls[0][0]).toMatch(/top-level 'cache'/);
+  });
+
+  it('warns for the typical Rspack 1 shape (cache: true + experiments.cache)', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    // under Rspack 2 `cache: true` enables the memory cache only,
+    // so persistent caching is still not in effect
+    warnLegacyRspackCacheConfig([
+      { cache: true, experiments: { cache: { type: 'persistent' } } },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+  });
+
+  it('warns when top-level cache is memory-only next to the legacy key', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      {
+        cache: { type: 'memory' },
+        experiments: { cache: { type: 'persistent' } },
+      },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+  });
+
+  it('does not warn for a migrated config that only left the inert legacy key behind', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    // persistent caching IS enabled and the legacy key carries no options
+    // beyond `type` - there is nothing Rspack 2 could drop
+    warnLegacyRspackCacheConfig([
+      {
+        cache: {
+          type: 'persistent',
+          storage: { type: 'filesystem', directory: '/custom' },
+        },
+        experiments: { cache: { type: 'persistent' } },
+      },
+    ]);
+
+    expect(warnSpy).not.toHaveBeenCalled();
+  });
+
+  it('does not warn when the legacy key is deep-equal to the top-level cache', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    // every option under the legacy key is mirrored at the top level,
+    // so ignoring the legacy key changes nothing
+    warnLegacyRspackCacheConfig([
+      {
+        cache: {
+          type: 'persistent',
+          storage: { type: 'filesystem', directory: '/custom' },
+          buildDependencies: ['/project/rspack.config.mjs'],
+        },
+        experiments: {
+          cache: {
+            type: 'persistent',
+            storage: { type: 'filesystem', directory: '/custom' },
+            buildDependencies: ['/project/rspack.config.mjs'],
+          },
+        },
+      },
+    ]);
+
+    expect(warnSpy).not.toHaveBeenCalled();
+  });
+
+  it('warns softly for a partial migration that leaves options under the legacy key', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    // persistent caching IS enabled, but the storage directory only lives
+    // under the legacy key - Rspack 2 drops it and uses the default location
+    warnLegacyRspackCacheConfig([
+      {
+        cache: { type: 'persistent' },
+        experiments: {
+          cache: {
+            type: 'persistent',
+            storage: { type: 'filesystem', directory: '/custom' },
+          },
+        },
+      },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+    expect(warnSpy.mock.calls[0][0]).toMatch(/experiments\.cache/);
+    expect(warnSpy.mock.calls[0][0]).toMatch(/not applied/);
+    // caching IS enabled - the soft warning must not claim otherwise
+    expect(warnSpy.mock.calls[0][0]).not.toMatch(/NOT enabled/);
+  });
+
+  it('warns strongly when legacy options come without a top-level persistent cache', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      {
+        experiments: {
+          cache: {
+            type: 'persistent',
+            storage: { type: 'filesystem', directory: '/custom' },
+          },
+        },
+      },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+    expect(warnSpy.mock.calls[0][0]).toMatch(/NOT enabled/);
+  });
+
+  it('prefers the strong warning when configs trigger both tiers', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      {
+        cache: { type: 'persistent' },
+        experiments: {
+          cache: {
+            type: 'persistent',
+            storage: { type: 'filesystem', directory: '/custom' },
+          },
+        },
+      },
+      { experiments: { cache: { type: 'persistent' } } },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+    expect(warnSpy.mock.calls[0][0]).toMatch(/NOT enabled/);
+  });
+
+  it('warns when any config of a multi-config array is misconfigured', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      {
+        cache: { type: 'persistent' },
+        experiments: { cache: { type: 'persistent' } },
+      },
+      { experiments: { cache: { type: 'persistent' } } },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+  });
+
+  it('warns only once across repeated calls', () => {
+    const warnLegacyRspackCacheConfig = loadHelper();
+
+    warnLegacyRspackCacheConfig([
+      { experiments: { cache: { type: 'persistent' } } },
+    ]);
+    warnLegacyRspackCacheConfig([
+      { experiments: { cache: { type: 'persistent' } } },
+    ]);
+
+    expect(warnSpy).toHaveBeenCalledTimes(1);
+  });
+});
diff --git a/packages/repack/src/commands/common/index.ts b/packages/repack/src/commands/common/index.ts
index ce61289b7..bdae6df17 100644
--- a/packages/repack/src/commands/common/index.ts
+++ b/packages/repack/src/commands/common/index.ts
@@ -8,5 +8,6 @@ export * from './runAdbReverse.js';
 export * from './setupEnvironment.js';
 export * from './setupInteractions.js';
 export * from './setupStatsWriter.js';
+export * from './warnLegacyRspackCacheConfig.js';
 
 export * from './config/makeCompilerConfig.js';
diff --git a/packages/repack/src/commands/common/warnLegacyRspackCacheConfig.ts b/packages/repack/src/commands/common/warnLegacyRspackCacheConfig.ts
new file mode 100644
index 000000000..ce5d9df6f
--- /dev/null
+++ b/packages/repack/src/commands/common/warnLegacyRspackCacheConfig.ts
@@ -0,0 +1,101 @@
+import * as colorette from 'colorette';
+import type { RspackConfigurationWithLegacyCache } from './resetPersistentCache.js';
+
+let warningDisplayed = false;
+
+function hasPersistentCacheEnabled(config: RspackConfigurationWithLegacyCache) {
+  return typeof config.cache === 'object' && config.cache.type === 'persistent';
+}
+
+function isPlainObject(value: unknown): value is Record<string, unknown> {
+  return typeof value === 'object' && value !== null && !Array.isArray(value);
+}
+
+function isDeepEqual(a: unknown, b: unknown): boolean {
+  if (a === b) return true;
+  if (Array.isArray(a) && Array.isArray(b)) {
+    return (
+      a.length === b.length && a.every((item, i) => isDeepEqual(item, b[i]))
+    );
+  }
+  if (isPlainObject(a) && isPlainObject(b)) {
+    const aKeys = Object.keys(a);
+    const bKeys = Object.keys(b);
+    return (
+      aKeys.length === bKeys.length &&
+      aKeys.every((key) => key in b && isDeepEqual(a[key], b[key]))
+    );
+  }
+  return false;
+}
+
+/**
+ * A legacy `experiments.cache` value carries extra information when it is an
+ * object with options beyond `type` that are not mirrored by the top-level
+ * `cache` value - Rspack 2 drops those options and runs with defaults.
+ * Booleans, a bare `{ type: 'persistent' }` and a value deep-equal to the
+ * top-level `cache` are inert leftovers of a completed migration.
+ */
+function legacyCacheCarriesExtraOptions(
+  config: RspackConfigurationWithLegacyCache
+) {
+  const legacyCache = config.experiments?.cache;
+  if (!isPlainObject(legacyCache)) return false;
+  const extraKeys = Object.keys(legacyCache).filter((key) => key !== 'type');
+  if (extraKeys.length === 0) return false;
+  return !isDeepEqual(legacyCache, config.cache);
+}
+
+/**
+ * Rspack 2 moved the persistent cache configuration from `experiments.cache`
+ * to the top-level `cache` option and silently ignores the legacy key
+ * (validation is loose) - users migrating a Rspack 1 config would lose
+ * persistent caching without any signal.
+ *
+ * Warn (once) when running Rspack 2 with a legacy `experiments.cache` value:
+ * - without a top-level persistent `cache` option, persistent caching is NOT
+ *   in effect - warn that it is disabled.
+ * - with a top-level persistent `cache` option, caching IS enabled, but any
+ *   options that only live under the legacy key are silently dropped - warn
+ *   (more softly) that they are not applied. A truly inert leftover (a
+ *   boolean, a bare `{ type: 'persistent' }` or a value deep-equal to the
+ *   top-level `cache`) stays silent.
+ *
+ * The config is left untouched - migrating it is the user's move, and
+ * mutating it here would make Re.Pack behave differently from bare Rspack
+ * given the same config.
+ */
+export function warnLegacyRspackCacheConfig(
+  configs: RspackConfigurationWithLegacyCache[]
+) {
+  if (warningDisplayed) return;
+  const cachingDisabled = configs.some(
+    (config) =>
+      config.experiments?.cache !== undefined &&
+      !hasPersistentCacheEnabled(config)
+  );
+  const optionsDropped = configs.some(
+    (config) =>
+      hasPersistentCacheEnabled(config) &&
+      legacyCacheCarriesExtraOptions(config)
+  );
+  if (!cachingDisabled && !optionsDropped) return;
+  warningDisplayed = true;
+  if (cachingDisabled) {
+    console.warn(
+      colorette.yellow(
+        "Rspack 2 ignores the legacy 'experiments.cache' option, so persistent " +
+          "caching is NOT enabled. Move the value to the top-level 'cache' " +
+          'option in your Rspack config.\n'
+      )
+    );
+  } else {
+    console.warn(
+      colorette.yellow(
+        "Rspack 2 ignores the legacy 'experiments.cache' option - options set " +
+          "there are not applied. Move them to the top-level 'cache' option " +
+          'in your Rspack config or remove the key.\n'
+      )
+    );
+  }
+}
diff --git a/packages/repack/src/commands/rspack/bundle.ts b/packages/repack/src/commands/rspack/bundle.ts
index 810888178..2292885f0 100644
--- a/packages/repack/src/commands/rspack/bundle.ts
+++ b/packages/repack/src/commands/rspack/bundle.ts
@@ -1,6 +1,6 @@
 import { type Configuration, rspack } from '@rspack/core';
 import type { Stats } from '@rspack/core';
-import { CLIError } from '../../helpers/index.js';
+import { CLIError, isRspack2 } from '../../helpers/index.js';
 import { makeCompilerConfig } from '../common/config/makeCompilerConfig.js';
 import {
   getMaxWorkers,
@@ -9,6 +9,7 @@ import {
   resetPersistentCache,
   setupEnvironment,
   setupRspackEnvironment,
+  warnLegacyRspackCacheConfig,
   writeStats,
 } from '../common/index.js';
 import type { BundleArguments, CliConfig } from '../types.js';
@@ -36,6 +37,12 @@ export async function bundle(
       reactNativePath: cliConfig.reactNativePath,
     });
 
+  // Rspack 2 silently ignores the legacy `experiments.cache` option -
+  // warn the user so they migrate it to the top-level `cache` option
+  if (isRspack2(cliConfig.root)) {
+    warnLegacyRspackCacheConfig([config]);
+  }
+
   // expose selected args as environment variables
   setupEnvironment(args);
 
diff --git a/packages/repack/src/commands/rspack/start.ts b/packages/repack/src/commands/rspack/start.ts
index c2117b695..936faff48 100644
--- a/packages/repack/src/commands/rspack/start.ts
+++ b/packages/repack/src/commands/rspack/start.ts
@@ -1,7 +1,7 @@
 import type { Configuration, MultiRspackOptions } from '@rspack/core';
 import packageJson from '../../../package.json';
 import { VERBOSE_ENV_KEY } from '../../env.js';
-import { CLIError, isTruthyEnv } from '../../helpers/index.js';
+import { CLIError, isRspack2, isTruthyEnv } from '../../helpers/index.js';
 import {
   ConsoleReporter,
   FileReporter,
@@ -22,6 +22,7 @@ import {
   setupEnvironment,
   setupInteractions,
   setupRspackEnvironment,
+  warnLegacyRspackCacheConfig,
 } from '../common/index.js';
 import logo from '../common/logo.js';
 import type { CliConfig, StartArguments } from '../types.js';
@@ -58,6 +59,12 @@ export async function start(
     reactNativePath: cliConfig.reactNativePath,
   });
 
+  // Rspack 2 silently ignores the legacy `experiments.cache` option -
+  // warn the user so they migrate it to the top-level `cache` option
+  if (isRspack2(cliConfig.root)) {
+    warnLegacyRspackCacheConfig(configs);
+  }
+
   // expose selected args as environment variables
   setupEnvironment(args);