Short News View Non-AMP

Zcash Pulls Back 20% as Traders Assess Strength of Recent Rally

Published by
Nidhi Kolhapur

Zcash has fallen roughly 20% from its recent peak after a rally that saw the token gain more than 1,000% from lows below $70 in late 2025. The surge was supported by institutional accumulation, including purchases by Multicoin Capital, and public endorsements from Naval Ravikant and Arthur Hayes. A reported $38 million short position placed near the top has become profitable as prices retraced, fueling debate over market structure and liquidation-driven volatility. Supporters point to Zcash’s zk-SNARKs privacy technology and increasing network hashrate, while critics question long-term adoption. Traders are closely watching the $500 level as a key support zone.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

The Death of Market Hours: Nasdaq Mimics Crypto with 23-Hour Trading

Nasdaq, the world's largest stock market, now plans to launch near-round-the-clock trading on December 6,…

August 19, 2026

Worldcoin (WLD) Price Approaches a Decisive Phase—Is the $0.5 Target Back in Focus?

The Worldcoin price is showing signs of recovery after finding support near the $0.30 level,…

August 18, 2026

ATOM Price Struggles at $1.41 as Recovery Hopes Fade

The ATOM price has been battered so thoroughly that even historically important levels have failed…

August 18, 2026

RAIN Price Tests $0.0125 as Prediction-Market Push Continues

The RAIN price is at an uncomfortable point. The token has maintained an upward wedge…

August 18, 2026

What’s Next For Bitcoin, Ethereum and XRP Prices?

Bitcoin, Ethereum and XRP are showing signs of a short-term recovery, but the market remains…

August 18, 2026

Crypto News Today: Metaplanet Moves 2100 BTC to Build US Bitcoin Treasury

Japanese Bitcoin treasury company Metaplanet is expanding its Bitcoin strategy into the U.S. through a…

August 18, 2026