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Zcash jumps nearly 15% to $1,388, leading a privacy coin rally amid governance upgrades and institutional support.

Market News
17 Sep 2026
Bitcoin
View Source
Bullish
Zcash jumps nearly 15% to $1,388, leading a privacy coin rally amid governance upgrades and institutional support.

Zcash (ZEC) surged almost 15% to reach $1,388, boosting its market cap to $23.21 billion and widening its lead over rivals like Monero. This rally in privacy coins contrasts with the broader crypto market's modest 1.3% gain. The surge was driven by a community vote to reduce block time from 75 to 25 seconds and support from Paradigm's Matt Huang, who emphasized Zcash's hybrid governance and long-term security measures. These developments have increased institutional confidence, potentially strengthening Zcash's position as a leading privacy-focused cryptocurrency.

Following the news of Zcash's rally, on Pluang as of Sep 17, 2026 18:02 WIB, ZEC trades at Rp24,045,925 with an 11.76% increase in one day and a market cap of Rp7.04 trillion. Meanwhile, Monero (XMR) is priced at Rp1,934,530, up 2.41%, and NEAR Protocol leads with a 16.67% rise to Rp50,010. This shows strong interest in privacy and related coins among Pluang users, with ZEC holding a significant market cap and a typical hold time of 106 days.

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