ZEC Rallies Above $470 as Zcash Announces Ironwood Upgrade for Late July Ending
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In crypto markets ZEC, the native asset of privacy network Zcash, has rebounded from a near 60% plunge to rally above $400 after sliding into the $300 range. The recovery aligns with Zcash's Ironwood upgrade scheduled for late July, a protocol security patch that enables users to independently verify circulating supply and prevents counterfeit minting, likely strengthening security, trust and adoption.
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After losing almost 60% of its value, ZEC, the native asset of the privacy network Zcash, is finally recovering. Within the past few days, the coin has rallied above $400, retracing its steps from the $300 range.
The price recovery comes as the Zcash team unveils an upgrade that will patch an integrity flaw in the network. The Ironwood Upgrade, scheduled for late July, aims to enable users to independently verify the circulating ZEC supply, preventing the minting of counterfeit coins.
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In This News
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$ 514.08
+2.34%Predictions Markets
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