Swiss crypto platform SwissBorg unexpectedly expanded its listings, adding support for Litecoin (LTC) and Zcash (ZEC). For the European market, where regulators have been steadily cracking down on privacy coins, the Zcash integration became the biggest surprise of the week.
Zcash price remains under pressure after retreating from its multi-year high, with technical and liquidation data pointing to $1,100 as the key level determining its next move. According to data from crypto.
Zcash (ZEC) seems primed for a short-term pullback toward the $850 support area following a massive multi-year rally to $1,300 as a bearish RSI divergence just showed up in the daily chart.
A new Bitcoin-based valuation framework from prominent analyst and crypto O.G. filbfilb suggests ZEC already trades above levels justified by current network activity.
Zcash mining rewards are roughly twice Bitcoin's per machine and four times higher per unit of electricity, Grayscale estimates. Strong token prices are encouraging more mining activity, with the firm linking that expansion to stronger network security.
ZEC's sharp correction flushes leveraged positions as $1,075 emerges as a crucial recovery support.
Zcash mining currently generates about four times more revenue per megawatt-hour than Bitcoin, according to recent estimates published by Zach Pandl, Head of Research at Grayscale.
Zcash fell toward $1,100 after hitting $1,298, triggering nearly $28M in liquidations as open interest dropped toward $2.1B.
Zcash mining activity has risen more than 2.5 times in 2026 as stronger ZEC prices have pushed estimated revenue per megawatt-hour to about four times the level generated by Bitcoin miners.
Privacy coin Zcash (ZEC) fell below $1,100, dropping over 10% to a $18.5 billion market cap following a broader market pullback. Privacy coin Zcash (ZEC) tumbled Friday, briefly dipping below $1,100 amid a cryptocurrency market downturn initially sparked by the release of hotter-than-expected U.S. producer price index data.
Zcash price retreats 16% from recent highs as leveraged traders lose millions and attention turns to $1,050-$1,100 support.
A 16% decline in Zcash (ZEC) sets off a liquidation frenzy. Following an explosive rally that propelled the privacy-focused cryptocurrency above $1,200, Zcash (ZEC) experienced a severe reversal.