Zcash price consolidates at $1,220 amid whale sell-off and community rift

In late October 2026, Zcash (ZEC) experienced a period of consolidation, with its price hovering around $1,280 and its market capitalization reaching $21.8 billion. Despite this notable surge, the rise was quickly overshadowed by growing tensions within the community. The recent discord originated after Zcash Community Grants (ZCG), an organization responsible for allocating a portion of miners’ block rewards, initiated the Zcash Adoption Pool program. This new initiative was designed to direct grants to at-risk groups, including refugees lacking access to traditional banking services. Large holders criticized the decision, arguing that ZCG’s charter permits multimillion-dollar grant distributions without requiring a coinholder vote.

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