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Zcash (ZEC) jumps 11% to $1,635 amid rising derivatives activity and new European ETP launch

Market News
23 Sep 2026
Blockonomi
View Source
Bullish
Zcash (ZEC) jumps 11% to $1,635 amid rising derivatives activity and new European ETP launch

Zcash (ZEC) surged 11.16% to $1,635.01, continuing a strong uptrend that began in late August. Despite this rally, analyst Jesse Oslen warns of a potential short-term pullback due to bearish divergence and reversal signals, with the 20-day EMA at $1,262.71 as key support. Meanwhile, derivatives trading volume and open interest in ZEC increased significantly, indicating growing market activity. Additionally, 21Shares launched a physically backed Zcash exchange-traded product (ETP) in Europe, providing investors easier access to ZEC exposure without managing wallets.

Zcash (ZEC) is trading at Rp28,679,725 on Pluang as of Sep 23, 2026 16:02 WIB, showing a 7.06% increase in the last day. The token's market capitalization stands at Rp7.04 trillion, reflecting solid investor interest. Typical holding time for ZEC on Pluang is 106 days, indicating a relatively long-term commitment among users.

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