Shielded Transactions

Zcash has pulled back after a powerful rally, with selling pressure building near the $1,300 to $1,350 area and trading volume rising sharply. Market participants are now watching the NU7 upgrade decision on October 20 as a potential catalyst for another move toward $1,650.

AI-driven data analysis is intensifying concerns over public blockchain surveillance, where transaction histories remain visible indefinitely. Zcash is gaining renewed attention because its shielded transactions allow selective disclosure while hiding sender, recipient and amount data from the public ledger.

Zcash developers have released Udon into Zakura Common, moving part of Project Tachyon’s proposed scaling upgrade into shared private-payment software. The work supports a long-term target of more than 50,000 private payments per second, though the upgrade still needs further development and security review before any activation.

Zcash has cooled after a sharp rally, falling 6% in the past 24 hours while still holding a 200% gain this year. Strong shielded transaction usage and elevated futures interest keep the bullish case alive, but slowing ETF inflows and bearish momentum signals raise pullback risk.

Zcash is outperforming a weaker crypto market, rising 7% in the past 24 hours as many major tokens fall after a failed Clarity Act vote in the United States. On-chain usage, rising shielded transactions and a bullish consolidation pattern are keeping $1,750 in play if ZEC confirms a breakout above $1,300.

Zcash holders overwhelmingly supported shorter block times, preserving the network’s bitcoin-style halving schedule and moving ahead quickly with the NU7 upgrade. Nearly 2.4 million ZEC participated in the privacy-preserving vote, representing roughly two-thirds of eligible tokens.