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ZEC price jumps 10% as SEC ends investigation with no enforcement action

Market News
20 May 2026
Coinpaper
View Source
Bullish
pluang ai news

Zcash's native token ZEC surged 10% to around $564 after the U.S. SEC closed its investigation into the Zcash Foundation without recommending enforcement action. The probe, which began in August 2023, ended with the SEC deciding not to pursue any regulatory action, removing a major uncertainty for the privacy-focused blockchain. The Zcash Foundation reported strong operational activity and $36.7 million in liquid assets as it continues development and upgrades. Technical analysis suggests ZEC may test resistance levels near $590-$600 if it holds above $560 support.

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