Zcash (ZEC) Hits $1,280 Milestone but Fight Over Grant Money Sparks Whale Revolt

In late October 2026, Zcash (ZEC) reached a key milestone: the coin's price consolidated around $1,280, and its market capitalization hit $21.8 billion. However, the rapid rally was overshadowed by a sharp split within the community. The trigger of the crisis was not a technical problem but a revolt of large investors over the targeted spending of capital. Zcash Community Grants (ZCG), the organization that distributes part of the miners' block reward, launched the Zcash Adoption Pool program. The fund directed grants toward the integration of vulnerable groups like refugees without access to banks. The decision sparked protest from major players , since ZCG's charter allows it to distribute multimillion-dollar budgets bypassing the coinholder vote.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to U.Today.