On March 10th, the Zcash ecosystem secured $25 million in funding, attracting several well-known investment institutions, which contributed to approximately a 10.9% increase in ZEC price. The funds will be used to expand the engineering team and accelerate protocol development. Despite the funding boost boosting market confidence, ZEC's decline in early 2026 still exceeded 57%. Long-term support will depend on the practical application of privacy technology and market demand.

Gate News Announcement, March 10th, Hyperliquid has launched Zcash (ZEC) spot trading today. Currently, the platform only supports deposit and withdrawal functions for non-cryptocurrency ZEC.

Cypherpunk Technologies announces a $5 million investment in Zcash Open Development Lab, marking its first technical investment outside of ZEC. ZODL was founded by the former CEO of Electric Coin Company and aims to develop wallet products and support the Zcash protocol.

On March 6th, among the top 100 cryptocurrencies by market cap, Humanity Protocol had the largest increase, rising by 17.60%, while Zcash experienced the largest decline, dropping by 8.60%.

As of March 5th, ZEC (Zcash) is priced at $239.61, up 8.22% in the past 24 hours. Zcash, as the first privacy coin to utilize zero-knowledge proof technology, features fast transactions and low fees. Recent governance adjustments and the market recovery of privacy coins have driven its price increase and trading volume growth. Overall, ZEC is gaining more recognition in the market.

In the Hyperliquid privacy track, the holdings of the three major currencies ZEC, XMR, and DASH are currently all in floating losses. The largest long position in ZEC with 10x leverage is floating loss of $6.68 million, a loss of 294%; the XMR long position is floating loss of $350,000, a loss of 32%; the DASH long position is floating loss of $1.34 million, a loss of 414%.

February 24 News, Privacy coin Zcash (ZEC) has recently been under continuous pressure, with a total decline of over 20% in the past 7 days. As of press time, the price of Zcash is approximately $231, down 28% from this month's high and more than 50% lower than at the beginning of the year. Against the backdrop of waning risk appetite in the crypto asset market, combined with technical and fundamental factors, market participants remain cautious about ZEC's future trajectory. On the fundamental side, the Electric Coin Company development team previously resigned collectively due to governance disputes with the non-profit organization Bootstrap. Although the incident did not lead to a blockchain fork, and the protocol layer operation of the ZEC token was not directly impacted, organizational uncertainty has weakened investor confidence in the ecosystem's long-term development.

Hyperliquid early contributor Loracle opened a ZEC long position with 10x leverage on February 15, with a size of $8.5 million, becoming the largest on-chain long position. Currently, ZEC price has fallen to $237, resulting in a 316% loss. He has begun reducing his position, with holdings now down to $1.14 million.

According to BlockBeats, early contributor Loracle holds long positions in PAXG, HYPE, and ZEC on the Hyperliquid platform, with a total size of $63.2 million, currently with a floating profit of $6.7 million. Although the PAXG holdings have incurred losses due to the decline in gold prices, he still plans to increase his HYPE holdings and add to his ZEC position.

Gate News Bot Message, February 14th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $278.46, up 19.28% in the past 24 hours, with a high of $280.56 and a low of $221.48. The 24-hour trading volume reached $474 million. The current market capitalization is approximately $4.604 billion, an increase of $744 million from yesterday. Zcash is the first cryptocurrency to develop zero-knowledge encryption for private peer-to-peer payments, using end-to-end encryption technology to protect user privacy. ZEC is a digital cash with features such as fairness, openness, privacy protection, and user control. Zcash is available in trusted global digital wallets and high-quality exchanges, making it an ideal choice for daily private payments and long-term storage. ## Important recent news about ZEC: 1️