June 2026, Edition 5
Zec, also known as Zcash, is a decentralized cryptocurrency designed to provide enhanced privacy and anonymity for its users, built on its own independent blockchain. It leverages advanced cryptographic technology known as zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), which enables the network to verify transactions without revealing sensitive details such as the sender, recipient, or transaction amount.
Its contract address is: 0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb.
Zcash was founded in 2016 by cypherpunk, computer security expert, and entrepreneur Zooko Wilcox-O’Hearn. He also founded the Electric Coin Company (ECC), a for-profit organization that has led the development and advancement of its protocol since its launch on October 28, 2016. As of the latest available data, Zcash has no officially confirmed count of token holders but has a market cap value of US$6.67 billion, a total supply of 16.74 million tokens, and ranks 12th on the CoinMarketCap rankings.
Zcash operates on its own independent blockchain, which was forked from Bitcoin’s blockchain and codebase. While it shares many similarities with Bitcoin, it incorporates additional privacy features powered by zk-SNARK technology.
Zcash is unique because it was designed with privacy as a core feature. Unlike many cryptocurrencies where transactions are publicly visible, Zcash gives users the option to make transparent and shielded transactions. It is listed on many well-known cryptocurrency exchanges, with an active developer community and ongoing protocol upgrades.
A look at the recent chart structure on the weekly TF, showing previous years’ supply and demand zone entries on spot,
Market Cap: US$6.67bn
All Time High: 5941.78
Community votes indicator: 69% bullish, 31% bearish
Support/Demand: 366, 339, 296.63
Resistance/Supply: 436.19, 560.66, 670, 753
Should Zec break above the supply level after rebounding at 436.1, the next resistance target with higher highs is expected. However, if it breaks below the demand at 296, it risks making a lower low. 195 is expected to act as a stop-loss until price reclaims 296 and retests the first entry level.
Note: Do not over-leverage. Investors may consider applying Dollar-Cost Averaging (DCA) as a risk management approach rather than attempting to time market movements.
