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Zcash Rises 12% Amid Growing Interest in ZEC Treasury, Cypherpunk Technologies Hires Zooko Wilcox

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ZEC
$445.931-1.22%
Zcash (ZEC) climbed 12% in early Asian trade on Friday, with altcoins to watch gaining traction as the weekly gain neared 25%. On-chain data showed rising ZEC treasury activity, with Cypherpunk Technologies (CYPH) hitting 47,100 social interactions—261% above average. CYPH recently hired Zcash co-founder Zooko Wilcox and used $50 million from a $58.8 million funding round to buy 203,775 ZEC. CYPH shares rose 9.7% on Thursday.
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