As Bitcoin Consolidates, Zcash (ZEC) Gains Momentum—Can the Price Rally Reclaim $500 Next?
The Zcash (ZEC) price came under intense selling pressure after the Orchard vulnerability sparked concerns over the network’s integrity, wiping out nearly 60% of its value. However, panic selling quickly gave way to aggressive buying, pushing the privacy-focused cryptocurrency back into a bullish recovery phase. The rebound has been further supported by a major developer upgrade aimed at mitigating the risk of counterfeit ZEC tokens entering circulation.