ZEC traded near $1,213 on Oct. 9 after falling toward $1,100, while its next network upgrade reached public testnet and a proposed ETF remained preliminary.
Zcash price has started recovering from its recent selloff, with easing selling pressure on shorter timeframes raising the possibility of a move back toward $1,300. ZEC was trading near $1,213 on October 9, up approximately 2.
Zakura, a Zcash full node built by Valar Group and Project Tachyon, also says private lookups let wallets monitor rotating transparent addresses without revealing which ones they check.
Zcash developers target January 2027 for quantum-resistant payment support as ZEC recovers near $1,240 and wallet security concerns grow.
Zcash's quantum-resistant upgrade could set a precedent for blockchain security, highlighting the urgency of adapting to emerging tech threats. Zcash developers target January for quantum-resistant payments upgrade.
The plan covers Zcash's transparent payment pool, which held 70.4% of issued supply at 5:39 a.m. ET Oct. 9.
Zcash developers are addressing Mathocalypse fears with a proposed 24-hour token-holder vote and miner coordination to freeze vulnerable operations.
The withdrawal came entirely from Zcash ETF (ZCSH), while cumulative net inflows reached $182 million.
Zcash traded at $1,194 on Binance spot markets at 7:23 p.m. ET on Oct. 8, while its 24-hour decline remained 10.79%.
Zcash was down 12.10% over 24 hours, while short liquidations reached $670,000 in the same one-hour period.
Total liquidations reached $11.64 million as ZEC fell 1.96% from $1,169 to $1,146.
Zcash dropped to $1,115 Thursday, wiping out all price gains accumulated since Sept. 16 and driving $38 million in leveraged long liquidations. Sharp Sell-Off Ends Weeks of Gains Privacy coin zcash (ZEC) dropped below $1,200 for the first time in weeks Thursday as the previously top-performing cryptocurrency surrendered all gains made since Sept. 16.