Zcash blasted past $1,000 as Ironwood’s security fix, a secure shielded-supply migration, ETF access, and a vicious short squeeze all hit at once. The rally has real technical backing, but with leverage this crowded, the next move could be just as violent in either direction.
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Zcash has launched the Ironwood upgrade after an Orchard bug raised fears of hidden inflation, replacing the old shielded pool with a new accounting design and formal balance proof. Orchard is now exit-only, and the real test is whether the ecosystem migrates cleanly.
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Zcash has activated Ironwood, but the claim that it was rolled out specifically to fix an Orchard flaw remains unconfirmed in the official material. The upgrade is real; the drama around the cause still needs proof.
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