Overview
- ZEC outperformed a mostly flat crypto market with a roughly 13% move to about $460, as market capitalization and 24‑hour volume rose sharply, according to trading data.
- Zcash developers and Shielded Labs proposed replacing fixed transaction fees with a dynamic fee market designed to reduce costs during periods of heavy network activity.
- Cypherpunk Technologies expanded its ZEC treasury and named Zcash founder Zooko Wilcox as an advisor, the company confirmed.
- On‑chain analytics reported accumulation by large holders and a major wallet sending tokens to Hyperliquid to open long exposure, reducing tradable float and increasing volatility potential.
- Technical readings place price below a resistance band near $460–$485; analysts cite upside levels around $506–$556 on a breakout and note possible pullbacks toward about $430 if rejection occurs.