$ZEC at $343, are you jumping in?

Institutions just added $2.15 million in holdings, and their wallets now hold over 1.7% of the circulating supply. $25 million in funding has arrived, and the Foundry mining pool has been online for three days, consuming 29% of the hash rate. The proportion of shielded transactions has surged from 30% to 59%, and the privacy narrative is making a comeback— but what about the price? Just dropped from a high of $500, down over 30%, hovering around $340, like someone who just got beaten and hasn't recovered yet. Shouldn't privacy coins be on the rise? Why aren't they going up?

First, look at the surface: bullish signals piling up, but the price acts like a dead dog.

In the past 24 hours, ZEC fell 2.14%, from $350 to $343. Don’t talk to me about privacy revival or institutional entry—price doesn’t lie, it just dropped. Plus, the core team resigned en masse in January, security vulnerabilities remain, and a short seller has a $1.75 million big order waiting to dump. All signals tell you one thing: this thing carries significant risk.

First thing: institutions are really buying, and they’re buying aggressively.

Cypherpunk Technologies, the firm with the Winklevoss brothers’ background, just added another $2.15 million to buy more ZEC, now holding over 300k ZEC, which accounts for 1.82% of the total circulating supply. They’re still aiming to buy up to 5%.

Second thing: $25 million in funding arrived, and developers are still working overtime.

Zcash Open-Source Development Lab just secured $25 million in funding, specifically for privacy tools. Focus areas include post-quantum security, scalability improvements, and user experience optimization, with a packed roadmap. ZSA is about to launch, and in the future, stablecoins and tokens can also be privacy-enabled on Zcash.

Third thing: Foundry mining pool went live for three days, capturing 29% of the hash rate.

What does this mean? It indicates institutional miners are rushing in. The proportion of shielded transactions in Zcash has already reached 59%, up from just 30% in early 2025. Genuine privacy usage is skyrocketing, on-chain activity is exploding.

On one side: institutions are increasing holdings, funding is arriving, hash rate is surging, privacy usage is doubling.

On the other side: team resignations, security vulnerabilities, short sellers lurking, price halved.

The critical zone is $320–$330, the last bottom line for bulls and bears.

Short-term traders: lightly test around $343, targeting $380–$420, cut losses decisively if below $330, next stop $300.

Long-term players: start building positions now, add heavily at $320–$330, buy more if it drops to $300, and top up if it rebounds to $380. Privacy narrative isn’t a flash in the pan, institutional entry isn’t a joke.

ZEC now looks like its $16 2024 self—those who don’t understand think it’s doomed, those who do are secretly counting chips. Last time, it surged 800%, so how much do you think it will rise this time? #加密市场回升 #Gate13周年 $ZEC