Crypto Balloon

Zcash Developer Growth Is Documented; a ZEC Valuation Gain Is Not

PANews reported on November 12, 2026, that Grayscale research head Zach Pandl said Zcash’s monthly active developer count had roughly doubled over the preceding two years, while the broader crypto developer community had retreated from its peak.

According to the article, about 70% of Zcash’s active developers had more than one year of crypto development experience, compared with 58% across the industry. It also described expertise in zero-knowledge proofs and post-quantum cryptography research within the Zcash developer community.

The evidence gap is between developer participation and token valuation. The article argued that continued work could support protocol innovation and might eventually raise ZEC’s valuation. The reported developer figures do not, on their own, establish that the work will produce those outcomes.

Original PANews report · Published November 12, 2026, at 08:23 UTC+8.