{"id":72366,"date":"2026-05-11T18:34:39","date_gmt":"2026-05-11T18:34:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/zcash-drops-to-550-as-traders-defend-33-weekly-surge-and-eye-another-run\/"},"modified":"2026-05-11T18:34:39","modified_gmt":"2026-05-11T18:34:39","slug":"zcash-drops-to-550-as-traders-defend-33-weekly-surge-and-eye-another-run","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/zcash-drops-to-550-as-traders-defend-33-weekly-surge-and-eye-another-run\/","title":{"rendered":"Zcash Drops to $550 as Traders Defend 33% Weekly Surge and Eye Another Run"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Zcash (ZEC) retreated to $550 on May 11 after a surge, maintaining its spot as the top privacy coin.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Despite a 7% daily dip, ZEC is up 33% over 7 days following a $25M funding boost from firms like a16z.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Proponents eye a parabolic rally for ZEC in 2026, though critics warn about shielded pool liquidity.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Zcash Pulls Back After Sharp Rally<\/h2>\n<p> <span>Privacy coin<\/span> <a href=\"https:\/\/markets.bitcoin.com\/crypto\/zcash\" target=\"_blank\" rel=\"noopener noreferrer\">zcash (ZEC)<\/a> plunged to $550 on Monday, even as renewed chatter about privacy in the <span>crypto<\/span> world continued to boost interest in the token. Market data shows that after peaking just below $640 on May 9, ZEC retreated to $550 by 11 a.m. EST on May 11 before recovering slightly to $555.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/zcash\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"zcash market data\"><\/iframe> <\/p>\n<p>However, despite the nearly 7% decline over 24 hours, the reversal did not erase most of the gains ZEC made since May 4, when the <span>privacy coin<\/span> initially surged from below $420 to $600 in less than 24 hours. Although it slipped below the $550 threshold a day later, ZEC largely held above that level until now, leading proponents to conclude that the token may be poised for a parabolic rally similar to the one seen in the final quarter of 2025.<\/p>\n<p>Although the price reversal chipped away at zcash\u2019s value, the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-privacy-coins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">privacy coin<\/a> was still up 33% over seven days, market data showed. The retreat also pushed its market capitalization to just under $10 billion, which was still enough to leave it as the number one the largest <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-privacy-coins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">privacy coin<\/a> by market capitalization.<\/p>\n<p>Renewed interest in zcash follows a turbulent start to the year, marked by the mass resignation of the development team over a governance dispute with the Bootstrap board. As <a href=\"https:\/\/news.bitcoin.com\/zcash-development-team-resigns-en-masse-as-governance-dispute-rattles-zec-price\/\">reported<\/a> by <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News, the resignations rattled the privacy community and triggered a sharp sell-off in ZEC as markets reacted to uncertainty surrounding the project\u2019s future. The sell-off pushed the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-privacy-coins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">privacy coin<\/a>\u2019s price below $400, where it remained until May 4.<\/p>\n<p>ZEC\u2019s revival has been welcomed by Josh Swihart, founder of Zcash Open Development Lab, formerly known as Electric Coin Company, who sees the latest price action as vindication of the protocol changes made in recent months. Swihart also <a href=\"https:\/\/x.com\/jswihart\/status\/2031015270769373384\" target=\"_blank\" rel=\"noopener noreferrer\">suggested<\/a> that investors support the direction adopted by his development team, <a href=\"https:\/\/news.bitcoin.com\/zcash-development-lab-secures-25-million-to-expand-privacy-infrastructure\/\">citing<\/a> the $25 million in funding secured from a16z, Paradigm, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies and Maelstrom.<\/p>\n<p><\/p>\n<p>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.<\/p>\n<p>\u201cZEC isn\u2019t 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,\u201d the user argued.<\/p>\n<p>Others insist that ZEC\u2019s \u201csudden\u201d vertical moves are not a sign of strength but rather \u201ca warning shot.\u201d<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/zcash-drops-to-550-as-traders-defend-33-weekly-surge-and-eye-another-run\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) 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 [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":72367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72366"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72366"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72367"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}