Midnight (NIGHT) jumps 5.64% after network upgrade; Zcash (ZEC) falls 9.52% amid regulatory concerns.

Midnight (NIGHT) led gains with a 5.64% rise to $0.0326 following a network upgrade that improved transaction speeds, boosting investor interest. Other altcoins like Quant (QNT), Provenance Blockchain (HASH), NEAR Protocol (NEAR), and Cosmos Hub (ATOM) also saw moderate gains due to their roles in blockchain interoperability and development. Meanwhile, Zcash (ZEC) dropped 9.52% amid regulatory scrutiny, with Toncoin (TON), Ondo (ONDO), Venice Token (VVV), and Pudgy Penguins (PENGU) also declining. The mixed altcoin performance reflects ongoing market volatility, with traders closely watching Bitcoin's price and upcoming macroeconomic data for further direction.