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Zcash Drops to $550 as Traders Defend 33% Weekly Surge and Eye Another Run

By bitcoin.com
May 12, 2026
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Key Takeaways:

Zcash (ZEC) retreated to $550 on May 11 after a surge, maintaining its spot as the top privacy coin.Despite a 7% daily dip, ZEC is up 33% over 7 days following a $25M funding boost from firms like a16z.Proponents eye a parabolic rally for ZEC in 2026, though critics warn about shielded pool liquidity.
Zcash Pulls Back After Sharp Rally

However, critics on social media drew attention to the controversy that sparked the mass resignations in January. According to one user on X, the changes that prompted the resignations have not made ZEC as private as Swihart and others claim.

“ZEC isn’t private anyway, btw, if only 30% of the supply sits in the shielded pool. The other 70% being transparent is enough to capture data on the specific deposits within the shielded pool with turnstile crossings that chain analytics firms use to link flows,” the user argued.

Others insist that ZEC’s “sudden” vertical moves are not a sign of strength but rather “a warning shot.”

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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