Just three months back the FUD around Zcash (ZEC) went feral when a weakness in its Orchard privacy pool flipped everything upside down and sparked major uneasy vibes 🖤. The protocol fixed that flaw fast and its super private setup turned ZEC into the top gainer in big cap alts over the last quarter 💀.
The Epic Surge 🌙
Remember how Zcash creator Zooko Wilcox and the Shielded Labs crew dropped the news that someone could spam fake ZEC in the Orchard shielded zone without instant detection? By the time it went public the bug was already patched yet it prompted big voices like Arthur Hayes to dump their bags over fresh worries. The token cratered from $650 straight to $260 in a single day amid the panic waves 😈. Then the reversal hit hard with ZEC steadying near $500 for weeks before the August 19 market pump pushed it to $900 and then a fresh peak past $1,200 today for the first time in nearly a decade 🕸️. That is a 370% rocket since the early June bottom and the market cap just cleared $20 billion overtaking HYPE and DOGE.
Data from CoinGlass shows the wild 24 hour pump triggered $46 million in short liquidations topping every other coin 🌑.
Fuel Behind The Moonshot & Ahead 🦇
Right after the mid August lift Grayscale launched its Zcash ETF on August 25 pulling in $34.4 million of fresh inflows already. The bigger question is not if Zcash keeps running but whether the ETF wave opens fresh paths for money to flow into previously slept on crypto plays ZEC might be the first big test of that idea 🕷️. Meanwhile one major whale accumulated 22,840 ZEC for roughly $1.1 million from 2022 to 2024 and watched it balloon to $23 million before moving the whole stack to Binance possibly to exit. Crypto Patel spotted a Beautiful Cup & Handle Pattern on the weekly chart noting the break above the neckline could send it toward $2,200 next.
As Per $ZEC Chart you can see a Beautiful Cup & Handle Pattern formed on the Weekly Timeframe. @Zcash has already broken the Neckline/Resistance of this pattern and if the pattern follows the 100% target the target could be around $2,200.
No doubt Cup & Handle is a strong… pic.twitter.com/Eys4EivIHQ
— Crypto Patel (@CryptoPatel) September 6 2026
Just another echo from the void by iconofsin.eth 💖
