Analyst: Zcash Price Breaks Through $510 Resistance Level, Boosted by Cybersecurity Updates
2026-08-08 21:58:50
According to CoinMeta, the price of Zcash ( ZEC ) broke through the $510 resistance level after the latest security updates and strong network activity. A report from the Zcash Foundation indicates that the foundation's net liquid assets are approximately $48.7 million, including 78,986 ZEC, valued at around $31.5 million. The foundation's average monthly operating costs are about $321,000, which are mainly used for protocol development and engineering work. In the second quarter, the engineering team released seven updates to the Zebra node software, addressing several known issues and improving network stability. The price of ZEC rose by more than 12% in 2026 and by 9% in 2025.
Bullish 0
Bearish 0Share to 
Source：The Coin Republic
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh
Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04
Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54
web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24
Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55
Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24