Zcash targets $1,350 breakout as Fed decision and Solana adoption lift momentum

Zcash (ZEC) is drawing renewed attention as traders evaluate the cryptocurrency’s ability to break above the $1,350 resistance ahead of the closely watched Federal Open Market Committee (FOMC) announcement. The token recently traded between $1,280 and $1,313 after staging a strong recovery, buoyed by improving technical signals and a surge in bridged ZEC activity on Solana . A notable crypto whale entered the spotlight after allocating approximately $79 million across leveraged long positions in both Bitcoin (BTC) and Zcash. Of this, about $6.2 million was placed in ZEC, generating close to $1 million in unrealized gains in the hours prior to the Federal Reserve’s upcoming policy announcement. The timing of the trade has drawn interest, as expectations for US interest rates often influence appetite for risk assets like cryptocurrencies.

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