Zcash’s meteoric rise just hit a rough patch.
ZEC surged to near $1,700 in September, then shed more than 20% in the last month.
Grayscale’s ZEC ETF recorded $41.09 million of inflows last week, ending three weeks of outflows.
Monday saw $10.45 million exit, Tuesday $1.61 million entered, Wednesday $15.18 million, Thursday $14.23 million, and Friday $20.52 million, putting the fund back in positive territory for the first time in four weeks.
Network Upgrade 7, slated for mainnet activation on November 5 2026, shortens block time from 75 seconds to 25 seconds.
Developers also plan post‑quantum signature opcodes in January 2027 to protect wallets from future quantum attacks.
Analysts cite $834 as critical support; a break could push ZEC toward $480, $300, $200, or $74.
Cameron Winklevoss forecasts potential price above $5,000, calls Zcash an “AI hedge” and a “quantum hedge,” and notes a market value around $25 billion—about 2 % of Bitcoin’s market cap.
Do you think Zcash can rebound, or is a deeper correction inevitable?
#Zcash #Crypto #PrivacyCoin #FinTech #Blockchain
ZEC surged to near $1,700 in September, then shed more than 20% in the last month.
Grayscale’s ZEC ETF recorded $41.09 million of inflows last week, ending three weeks of outflows.
Monday saw $10.45 million exit, Tuesday $1.61 million entered, Wednesday $15.18 million, Thursday $14.23 million, and Friday $20.52 million, putting the fund back in positive territory for the first time in four weeks.
Network Upgrade 7, slated for mainnet activation on November 5 2026, shortens block time from 75 seconds to 25 seconds.
Developers also plan post‑quantum signature opcodes in January 2027 to protect wallets from future quantum attacks.
Analysts cite $834 as critical support; a break could push ZEC toward $480, $300, $200, or $74.
Cameron Winklevoss forecasts potential price above $5,000, calls Zcash an “AI hedge” and a “quantum hedge,” and notes a market value around $25 billion—about 2 % of Bitcoin’s market cap.
Do you think Zcash can rebound, or is a deeper correction inevitable?
#Zcash #Crypto #PrivacyCoin #FinTech #Blockchain
