Zcash Price Surges 10% Amid 2 Major Developments
BeInCrypto
Zcash prices rose 10% following the SEC's decision to close its investigation into the Zcash Foundation and the disclosure of a strong treasury.Summary
Zcash (ZEC) experienced a 10% price increase after the U.S. Securities and Exchange Commission (SEC) officially concluded its investigation into the Zcash Foundation without imposing any penalties or enforcement actions. Additionally, the Foundation's Q1 2026 report revealed a healthy $36.7 million treasury, providing long-term operational stability despite previous leadership turnover. These developments, combined with continued engineering progress on network upgrades like NU7, have renewed investor interest in the privacy coin.
(Source：BeInCrypto)