"Zcash (ZEC) touched $600 during intra-week trading in early May 2026, logging gains of 30 to 70% in a single week. That follows an 800% run in 2025, when the coin peaked near $740 before retracing. Shielded pool adoption now accounts for roughly 30% of ZEC's total supply, up from 8% in prior years, meaning a growing share of the coin is actively used for confidential transactions. That metric has become a key signal for institutional investors who want utility data, not speculation."
"Moreover, earlier this year, Multicoin Capital disclosed a significant ZEC position built since February, citing confidential finance as essential infrastructure for onchain markets. The firm highlighted its position at Coindesk's Consensus in Miami. Other exposure has come from funds linked to Arthur Hayes and Cypherpunk Technologies. Those disclosures triggered short squeezes and tens of millions in futures liquidations, amplifying weekly price moves."
"Grayscale has filed to convert its Zcash Trust into a spot exchange-traded fund (ETF), which would make it the first privacy coin ETF in the United States. The SEC completed a long review in January 2026 with no enforcement action, reducing a major regulatory overhang. Robinhood also added ZEC to its platform, expanding retail access. Upcoming protocol work includes Tachyon for faster private transactions and Zcash Shielded Assets for private custom token issuance."
"Monero's FCMP++ beta launched May 6, 2026, upgrading anonymity proofs against 150M+ blockchain outputs. Midnight mainnet went live in 2026 with Google Cloud and Moneygram building on its zk-privacy infrastructure. Zano participants send fUSD reserves past $10M as private stablecoin use climbs. Zcash Fork Ycash Sees Tailwinds Alongside this, ycash (YEC), a 2019 fork of Zcash that shares its genesis history and Equihash-based privacy tools, poste"
Zcash traded around $600 in early May 2026, gaining 30% to 70% within a week after an 800% surge in 2025. Shielded pool adoption rose to about 30% of total ZEC supply, up from roughly 8% in prior years, indicating more confidential transaction usage. Multicoin Capital disclosed a large ZEC position built since February, and other exposure came from funds tied to Arthur Hayes and Cypherpunk Technologies, contributing to short squeezes and futures liquidations. Grayscale filed to convert the Zcash Trust into a spot ETF, potentially making it the first U.S. privacy coin ETF, after an SEC review in January 2026 ended without enforcement. Robinhood added ZEC, while protocol upgrades include Tachyon and Shielded Assets. Monero launched FCMP++ beta on May 6, 2026, and Midnight mainnet launched in 2026 with Google Cloud and Moneygram supporting zk-privacy infrastructure. Zano participants sent over $10M in fUSD reserves as private stablecoin use increased, and ycash (YEC) gained tailwinds as a Zcash fork.
Read at news.bitcoin.com
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