XRP has fallen 50% in a year, while Zcash has surged 2,361% and surpassed $1,000

Zcash (ZEC) saw a 562% liquidation imbalance due to a short squeeze, with $13.24M in leveraged positions liquidated, mostly shorts. ZEC surged to $1,051, up 105% in 30 days and 2,395% yearly. Grayscale's Zcash ETF (ZCSH) and institutional interest contributed to the rally, with AUM crossing $400M.

Zcash (ZEC) rose to $1,065, gaining 27.9% in seven days. Its ETF, ZCSH, ended at $83.77 with a 0.35% premium to NAV. ZCSH saw $34.4M inflows since its Aug. 25 debut. The fund holds 444,608 ZEC, valued at ~$473.7M as of Saturday. The old trust traded at a discount, but the ETF's conversion has closed this gap. The first holiday weekend will test the ETF's pricing mechanism.

Zcash (ZEC) surpassed $1,000 for the first time, reaching $1,086, due to inflows into Grayscale's Zcash ETF and increased mining activity. The token's market cap neared $17 billion, up 94% in a month. Grayscale's ETF, launched on Aug. 25, saw $34.4 million in inflows, with a record $12.6 million on Sept. 2. Mining network's solrate rose from 25 GSol/s to over 30 GSol/s, but profitability slightly decreased.

The SEC approved Nasdaq Texas Rule 5711(d) changes, listing Bitcoin, Ether, Solana, and XRP as examples of digital assets meeting commodity-based trust standards. The rule allows crypto ETFs to allocate 15% to other digital assets or securities, expanding product design flexibility. XRP's price fell 4% despite institutional demand, with Goldman Sachs holding $87.4 million in XRP ETFs. The SEC's decision may impact future crypto ETF structures.

Zcash (ZEC) reached a new all-time high of $1,025, representing a 6,300% gain from 2024 lows. The rally follows years of subdued performance and highlights ZEC's privacy-focused narrative. Meanwhile, Bitcoin (BTC) hovers near $80,000, with traders watching for sustained support above this level.

Zcash (ZEC) surged past $1,000 in September, with a notable 20x increase in value for a long-term holder. This rally followed a major supply migration to the Ironwood pool post-hard fork, which resolved a security bug and restored market confidence. The token's price has seen significant gains, reaching $1,050, with key support levels identified.