🚨Zcash $ZEC is currently trading at $338.42, with a 3.84% decrease in the last 24 hours. The market cap stands at $9.61 billion. Here are some key updates:
ZEC's price action reveals a tug-of-war between bearish exhaustion and potential bullish reversals. The cryptocurrency has hit a one-month low of $302.75, but the RSI (37.31) has exited oversold territory. $SOL #BinanceBlockchainWeek
A pivotal near-term threshold is the $340 pivot level. If breached, it could trigger a retest of the $300 zone, a historically significant support area.
Entities like #Grayscale , #cypherpunk Technologies, and Arthur Hayes have publicly backed ZEC, with Grayscale's Zcash Trust seeing a 228% increase in assets under management.#WriteToEarnUpgrade
The November 2025 halving has reduced block rewards to 0.78125 ZEC, positioning Zcash as a compelling case study in scarcity-driven value propositions.$BNB
The EU's Markets in Crypto-Assets (MiCA) framework and U.S. initiatives to track unhosted wallet transactions pose risks to Zcash's adoption .
