Sep 30, 2026
21Shares listed Europe's first Zcash exchange-traded product on Euronext Paris and Amsterdam on September 22, trading as ZCASH with a 2.5% annual fee. ZEC spiked to an intraday high near $1,680, marking a new 10-year high and gaining 88% over the past week.
Zcash price surged close to $1,600, while developers target November 5 for the NU7 upgrade that would cut block times to 25 seconds from 75 seconds. Grayscale announced a 3-for-1 forward share split for its Zcash ETF to improve accessibility.
Nearly 2.4 million ZEC tokens, representing about two-thirds of eligible supply, voted in favor of reducing Zcash's block time from 75 to 25 seconds and maintaining the existing halving schedule in Network Upgrade 7 sentiment polls that closed September 14. The proposals received 98.9% support from participating coinholders.
Zcash gained about 20% over 24 hours after Paradigm co-founder Matt Huang disclosed that the crypto investment firm made an unspecified purchase of ZEC. The rally came as Zcash holders voted to preserve Bitcoin-style halvings and speed up block times to 25 seconds.
Zcash (ZEC) jumped approximately 20% to briefly top $1,000 on September 4, reaching its highest level in nearly a decade and lifting its market cap to roughly $17 billion. The rally was fueled by strong inflows into Grayscale's ZCSH ETF, which has crossed $400 million in assets.
Grayscale converted its Zcash Trust into the first US exchange-traded fund offering direct exposure to the privacy-focused cryptocurrency, listing on NYSE Arca under ticker ZCSH with a 2.5% annual fee. The launch comes as ZEC has rallied 70% over the past month to eight-year highs.
Zcash activated its Ironwood network upgrade at block height 3,428,143 on July 28, replacing the Orchard shielded pool with a new private pool. The upgrade prevents any potentially counterfeit coins from leaving the retired pool, which held about 3.66 million ZEC.
Zcash (ZEC) plummeted approximately 40% after developers disclosed a critical four-year-old counterfeiting vulnerability in its Orchard shielded pool, discovered with help from Claude AI. Developers have proposed the Ironwood upgrade to restore independent supply verification, with ZEC partially recovering about 45% from lows.
Zcash developers executed a two-stage emergency fix after discovering a critical vulnerability in the Orchard shielded pool that could have enabled double-spending, temporarily suspending then restoring transactions through coordinated network upgrade.