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

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

Photo: CoinTurk News

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.

Source: CoinTurk News

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