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Zcash marks 10 years with upgrades, a $1B ETF, and governance debates on block rewards.

Protocol Fundamentals
28 Oct 2026, 19:16 WIB
Crypto Briefing
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Bullish
Zcash marks 10 years with upgrades, a $1B ETF, and governance debates on block rewards.

Zcash celebrates its 10th anniversary since its 2016 mainnet launch with a recent upgrade and another planned for November 2026 that will triple transaction speed. The privacy-focused cryptocurrency, valued near $22 billion, now has about 29% of its tokens in shielded pools, enhancing user privacy. Institutional interest peaked with Grayscale's ZCSH spot ETF surpassing $1 billion in assets, though some redemptions occurred. Meanwhile, the community debates reallocating 8% of block rewards from grants to a Network Sustainability Mechanism, reflecting ongoing governance discussions.

Zcash currently holds a market cap of Rp7,04 trillion on Pluang, with 78% of its maximum supply circulating as of October 28, 2026, 23:32 WIB. The typical hold time for ZEC on the platform is 107 days, indicating moderate investor engagement. Despite a 1.79% price decline in the last day, Zcash maintains active trading with a 24-hour volume of Rp787,62 million, reflecting steady interest amid its ongoing upgrades and governance discussions.

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