Zcash launches a new library to speed up the network, and ZEC rises by more than 5%
Zakura, the Zcash developer, has released a new Common library to improve network and wallet performance, accelerating transaction proof creation on phones by more than 14 times without requiring a concurrent Zcash network upgrade. At the same time, the price of ZEC rose by more than 5%, trading near $835.
Technically, ZEC recorded a high at $850.53 before pulling back slightly, making the $850–$854 area an important resistance zone. The closest support is around $830; breaking it could push the price toward $807. Holding above $830 could support another attempt to test the $850 level
Zakura, the Zcash developer, has released a new Common library to improve network and wallet performance, accelerating transaction proof creation on phones by more than 14 times without requiring a concurrent Zcash network upgrade. At the same time, the price of ZEC rose by more than 5%, trading near $835.
Technically, ZEC recorded a high at $850.53 before pulling back slightly, making the $850–$854 area an important resistance zone. The closest support is around $830; breaking it could push the price toward $807. Holding above $830 could support another attempt to test the $850 level
