Zcash Price Surges 20% in 24 Hours

Zcash (ZEC) rose 20% over the last 24 hours, reaching a price of $1,380 on September 17. The asset's market capitalization has exceeded $22 billion, placing it among the top cryptocurrencies. The rally follows comments from Paradigm co-founder Matt Huang, who highlighted Zcash's role in privacy and expressed support for its developer funding mechanisms. Additionally, the Zcash community recently voted to accelerate block times and maintain halving schedules, following the Ironwood network upgrade implemented in July.