A New Era for ZEC: Transparency Meets Privacy

The Zcash Foundation, Shielded Labs, and the Zcash Open Development Lab have joined forces to roll out a groundbreaking privacy pool upgrade—one that doesn’t just enhance security but also audits the supply of ZEC with corrected code.

How It Works: Proof of Supply Integrity

Once live, any Zcash user can run software that:

• Sums all pool balances
• Proves the total ZEC supply is accurate

But here’s the twist: The upgrade also checks for a hidden bug that remained undetected for four years. While Shielded Labs believes exploitation was unlikely, the mere existence of such a flaw raises questions about long-term security.

Why This Matters: Trust, But Verify

Investor Chamath Palihapitiya hailed the move in his newsletter, emphasizing that it allows node operators to confirm a clean supply—without blindly trusting developers.

The team remains cautious, however. No firm launch date has been set, as the process—building, testing, and synchronizing—could take longer than expected.

ZEC’s Price Struggles Continue

Despite a brief rebound, ZEC is still down 22% for the week, reflecting broader market uncertainty.

XRP’s Rocky Road: Can It Break Free?

XRP hit $1.10 lows last week, struggling to regain momentum. But is there a path to recovery?

Technical Signals: A Glimmer of Hope?

Between June 3-5, XRP formed a hammer and doji pattern around $1.15, while the RSI surged from an extreme oversold 18 to 32.42—the fastest recovery in weeks.

Resistance Ahead: The Moving Averages Stand Tall

All major exponential moving averages (EMAs) are acting as barriers:

• 20-EMA: $1.2508
• 50-EMA: $1.3255
• 100-EMA: $1.4123
• 200-EMA: $1.6175

The Descending Trendline: A Formidable Obstacle

A steep downward trendline, tracing back to August 2025’s $3.60 peak, remains a major hurdle. To reverse course, XRP must:

1. Hold above $1.15
2. Break the trendline at $1.2508
3. Clear $1.3255

Downside Risk: The $1.00 Floor

If XRP falls below $1.08, a test of $1.00—and even $0.90—could be in play.

The battle for XRP’s recovery is far from over.