Zcash (ZEC) fell 14.4%, dropping from the top 10 cryptocurrencies by market cap to number 11 following a major network upgrade. The decline was driven by profit-taking after the upgrade, liquidation of leveraged long positions totaling over $16.5 million, and institutional outflows from the Grayscale Zcash Trust exceeding $15 million. Despite the price drop to around $1,045-$1,094, no technical issues were reported with the network. Investors should watch trading volumes, leverage activity, and institutional flows to gauge ZEC's next moves.
As of Nov 11, 2026 18:41 WIB, Zcash (ZEC) trades at Rp17.906.221 on Pluang, down 13.66% in the last day. The market cap stands at Rp7,04 trillion with a 24-hour trading volume of Rp787,62 million. Notably, all Pluang order activity for ZEC is currently sell orders, reflecting strong selling pressure.
Daniel Francis is a technical writer and educator specializing in Web3, macroeconomics, and decentralized finance (DeFi). With experience since 2017 and certifications from The Blockchain Council, he provides evidence-based insights to help investors...
Grayscale committed $1 million to support the Zcash ecosystem, distributing $400,000 to four organizations focused on development, policy, and research. The remaining $600,000 recipients are yet to be announced. Additionally, Grayscale plans to redir...
Zcash (ZEC) saw a 2.46% price increase within one hour on November 10, rising from $1,012 to $1,037 on Binance spot. However, over the full 24-hour period, ZEC's price dropped by 10.15%. During the same hour, liquidations on Binance, Bybit, and OKX t...
Pieverse (PIEVERSE) saw a significant price increase of 43.61% to $2.12 within 24 hours, outperforming other cryptocurrencies even as more tokens declined than advanced overall. Other notable gainers included Jupiter, Ether.fi, Arbitrum, and Avalanch...
Grayscale announced a $1 million commitment to support the Zcash ecosystem, awarding $400,000 in initial grants to four key Zcash groups focused on development, advocacy, and privacy education. The campaign includes a national promotion featuring Wal...
