Zcash holds $1,400 as holders approve $8.39M in grants
Image: Crypto.newsZcash (ZEC) is trading near $1,407, with a 24-hour range between $1,382 and $1,458. Zcash holders approved $8.39 million in Q3 2026 retroactive grants, funding 17 of 37 proposals and covering 93.1% of the $9.01 million requested. The largest single vote involved 2.18 million ZEC, equal to 10.4% of the 21 million maximum supply. Approved grants included $1.5 million for researcher Taylor Hornby, who found the Orchard vulnerability, plus $1.95 million for ZODL core development and $1.203 million for ValarGroup's Ironwood work. A whale withdrew 2,000 ZEC from Binance, and open interest on a major derivatives venue fell as traders reduced exposure.
Key points
- ZEC trades near $1,407, with a 24-hour range between $1,382 and $1,458.
- Zcash holders approved $8.39 million in Q3 2026 retroactive grants, funding 17 of 37 proposals.
- The largest single vote involved 2.18 million ZEC, equal to 10.4% of the 21 million maximum supply.
- A whale withdrew 2,000 ZEC from Binance, and derivatives open interest fell as traders cut exposure.
Why it matters
The approved grants reward network contributors, including the researcher who found a critical Orchard vulnerability, and demonstrate Zcash's coinholder-directed treasury allocation system. ZEC holds above $1,400 as traders reduce derivatives exposure following a recent rally.
Price context · ZEC
At publication
$1,412.73
Now
$1,391.87
Change since
−1.48%
7 days · dashed line = publication
Sources · 2 publishers
Blockonomi
Tier 3
Zcash (ZEC) Price: Holds $1,400 as Coinholders Approve $8.39M in Grants
Coverage timeline
- First reported by Crypto.news
- Confirmed by Blockonomi
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
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