# The Zcash Daily

**URL:** https://forum.zcashcommunity.com/t/the-zcash-daily/57219
**Category:** Ecosystem Updates
**Created:** [August 27, 2026, 3:42pm UTC](https://forum.zcashcommunity.com/t/the-zcash-daily/57219 "2026-08-27T15:42:03Z")
**Posts on this page:** 3
**Page:** 2

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### Author: ![ola\_olu](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/ola_olu/32/40750_2.png) [@ola\_olu](https://forum.zcashcommunity.com/u/ola_olu)
#### Post date: [September 22, 2026, 3:17pm UTC](https://forum.zcashcommunity.com/t/the-zcash-daily/57219/21 "2026-09-22T15:17:34Z")

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**🛡 The Zcash Daily** — _Tuesday, September 22, 2026_

Europe woke up to a new ZEC wrapper today. [21shares launched its physically backed Zcash ETP (ticker: ZCASH)](https://www.globenewswire.com/news-release/2026/09/22/3365982/0/en/21shares-expands-product-suite-with-launches-of-ether-fi-etp-ethfi-and-zcash-etp-zcash.html) on Euronext Paris and Euronext Amsterdam this morning, pitching it explicitly around [“financial privacy and post-quantum security.”](https://www.analyticsinsight.net/news/21shares-launches-etherfi-and-zcash-etps-across-europe) That’s a distinct thesis from Grayscale’s US ETF, and it’s interesting that two major issuers are now racing to wrap ZEC for traditional investors simultaneously.

The most interesting piece of the day isn’t a price chart — it’s [Mert Mumtaz’s argument on Unchained](https://unchainedcrypto.com/zcash-is-rallying-on-more-than-privacy-mert-mumtaz-argues/) that Zcash’s rally is not fundamentally about privacy. His tell: [if it were purely a privacy trade, Monero would be doing the same numbers](https://phemex.com/news/article/helius-ceo-zcash-rally-driven-by-complete-store-of-value-narrative-97468). It isn’t. The real pitch, he says, is a complete store of value — fungibility plus quantum resistance plus ZK cryptography. I’m not sure he’s fully right, but it’s the first rigorous challenge I’ve seen to the “privacy is back” narrative.

The [Q3 coinholder retroactive grants vote](https://forum.zcashcommunity.com/t/q3-and-q4-coinholder-directed-retroactive-grants-program-dates-plan-ahead/56606) is now past the halfway mark with one week left — 37 proposals are live, open to shielded ZEC holders until 20:00 UTC on September 29, with a quorum threshold of ~420,000 ZEC. What’s interesting here isn’t the number of proposals — it’s that voters must upgrade to Zodl 3.14.0, the latest Vizor Wallet, or Zkool to participate, meaning every vote is a quiet privacy signal. Worth checking where quorum stands heading into the final stretch.

The [Colosseum Crypto World’s Fair hackathon](https://github.com/ZcashCommunityGrants/zcashcommunitygrants/issues/414) has a Zcash track running through October 12 — teams from Solana, Ethereum, Sui, Zcash, Bitcoin, and others are competing, with Zcash among the ecosystems putting up a $100,000 dedicated prize pool. Colosseum’s stated goal is to attract 10–15 high-quality founders to integrate with Zcash. That ambition deserves scrutiny — Solana grew partly through exactly this kind of repeated builder-pipeline work, and [ZCG approved the grant at a revised $150,000](https://forum.zcashcommunity.com/t/grant-proposal-colosseum-hackathon-zcash-track/57405). Big congrats to the team!

On the regulatory front, the Senate rejected CLARITY Act cloture 49–50 on September 15, leaving the bill eleven votes short of floor debate, with every Democrat voting no over unresolved ethics provisions. [ZEC jumped 15% the day after](https://cryptonews.com/news/zcash-crypto-price-surge-clarity-act/) — the read being that a failed surveillance-friendly framework is a tailwind for privacy coins. Unless the Senate stages a rapid re-vote before October 5, market structure legislation likely slips to 2027 — and the Zcash community’s reaction has been cautiously optimistic about what that delay means for ZEC’s narrative.

Meanwhile, ZRC-20’s $CASH token launches tomorrow, and the drama is still fresh. [The ZRC-20 team publicly thanked the Zcash Foundation for its disavowal](https://nulltx.com/what-is-zrc-20-everything-you-need-to-know-about-cash-ahead-of-the-launch-on-23rd-september), acknowledging they operate independently — an oddly polite response that actually confirmed what everyone needed to know. [Zcash Shielded Assets, the real experimental token framework, remains testnet-only](https://nulltx.com/what-is-zrc-20-everything-you-need-to-know-about-cash-ahead-of-the-launch-on-23rd-september). ZEC is trading around $1,469 this morning. ZCSH record date for the 3-for-1 split: six days.

_📣 Never miss a digest — click the 🔔 notification bell on the right to get alerted when a new one drops. And follow us on X: [@thezcashdaily](https://x.com/thezcashdaily)_

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<div class="post-metadata">

### Author: ![ola\_olu](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/ola_olu/32/40750_2.png) [@ola\_olu](https://forum.zcashcommunity.com/u/ola_olu)
#### Post date: [September 23, 2026, 2:38pm UTC](https://forum.zcashcommunity.com/t/the-zcash-daily/57219/22 "2026-09-23T14:38:07Z")

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**🛡 The Zcash Daily** — _Tuesday, September 23, 2026_

ZEC blew past $1,600 today — [another ATH](https://www.fxstreet.com/cryptocurrencies/news/zcash-price-forecast-zec-rally-hits-record-high-in-a-parallel-channel-amid-network-growth-202609230436), up 10% on the day. The number behind the number: [shielded weekly activity hit a four-year high](https://www.gurufocus.com/news/9093015/zcash-leads-crypto-market-surge-as-bitcoin-holds-steady-btc) with over 62,000 transactions last week, and Grayscale’s ZCSH pulled in $32M in inflows on Tuesday alone. This is not just price — the network is actually being used.

The mining economics story just got wild. [Cypherpunk Technologies’ Winklevoss-backed mining fleet](https://www.coindesk.com/tech/2026/09/23/a-winklevoss-backed-zcash-mining-bet-is-on-track-to-hit-usd125-million-a-year), bought for $33M five weeks ago, is now on track for $125M/year in gross revenue after ZEC tripled. That is a 3.8x annual return on hardware alone — [ZEC is up 72% in the past month](https://247wallst.com/investing/cryptocurrency/2026/09/23/zcash-surges-72-in-a-month-after-paradigm-reveals-zec-holdings-is-it-too-late-to-buy/). When mining becomes this profitable this fast, watch for hashrate to follow. Good for security, but also good for sell pressure.

🛠 Builder spotlight: [Zebra PR #11420](https://github.com/ZcashFoundation/zebra/pull/11420) by Tony Jagodka patches a memory allocation amplification flaw — a lying peer could force ~2MB upfront allocation with zero payload, same bug class as CVE-2026-40881. He is now [applying for a ZCG grant](https://github.com/ZcashCommunityGrants/zcashcommunitygrants/issues/430) to audit the entire class systematically. Seven days to NU7 code freeze — this is the kind of fix you want landing now, not after.

_📣 Never miss a digest — click the 🔔 notification bell on the right to get alerted when a new one drops. And follow us on X: [@thezcashdaily](https://x.com/thezcashdaily)_

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<div class="post-metadata">

### Author: ![strahncryptography](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/strahncryptography/32/46464_2.png) [@strahncryptography](https://forum.zcashcommunity.com/u/strahncryptography)
#### Post date: [September 23, 2026, 3:54pm UTC](https://forum.zcashcommunity.com/t/the-zcash-daily/57219/23 "2026-09-23T15:54:38Z")

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> [@ola\_olu](#):
>
> [Cypherpunk Technologies’ Winklevoss-backed mining fleet](https://www.coindesk.com/tech/2026/09/23/a-winklevoss-backed-zcash-mining-bet-is-on-track-to-hit-usd125-million-a-year), bought for $33M five weeks ago, is now on track for $125M/year in gross revenue after ZEC tripled. That is a 3.8x annual return on hardware alone

@maxdesalle You think we can up this to $150M with the extra $31M they’ll get by eliminating the Dev Fund? That’s 19,710 extra ZEC per year! Go Cypherpunk! I mean, obviously, it’s an economically rational decision in the benefit of the community and eliminates centralisation, clearly, Cypherpunk is an anonymous, non-equity-backed organisation after all.

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