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Zcash price tops $1,600 as European ETP launch and rising leverage boost demand.

Market News
23 Sep 2026
AMBCrypto
View Source
Bullish
Zcash price tops $1,600 as European ETP launch and rising leverage boost demand.

Zcash (ZEC) surged past $1,600 for the first time since 2016, driven by increased institutional access and strong trading momentum. The launch of Europe's first physically backed Zcash ETP on Euronext Paris and Amsterdam has expanded regulated access, attracting more investors without needing to hold the cryptocurrency directly. Meanwhile, leverage trading has intensified, with open interest reaching $2.3 billion, amplifying price movements but also increasing risk of sharp reversals. Holding above $1,600 is key to maintaining upward momentum, while a drop below could expose support at $1,400.

Zcash trades at Rp27.986.109 on Pluang as of Sep 23, 2026 21:26 WIB, showing a 1-day gain of 2.44%. The market cap stands at Rp7,04 trillion, with a 24-hour volume of Rp787,62 million. Investors hold about 78% of the total supply, with an average holding period of 106 days, indicating steady interest amid recent price momentum.

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