Zcash Price Jumps to $324 as Bulls Target $385 Level

Zcash (ZEC) has experienced a dramatic price escalation to $324.98, with market bulls now targeting the $385 resistance level. Alongside this momentum, the Zcash Open Development Lab (ZODL) released critical security fixes to address vulnerabilities in zcashd and Zebra. These updates included a patch for a bug that could crash nodes when handling specific Orchard transactions, ensuring network stability during the price surge. This technical reinforcement follows a period of institutional accumulation by the Grayscale Zcash Trust, even as 59% of retail traders remain short. While the potential for a short squeeze persists, the market is focused on ZEC's ability to maintain support above $300 following these essential network patches.