This year has been one of significant successes for privacy-centric altcoins, echoing the optimism of past bull markets. A standout is the Zcash Foundation’s introduction of substantial updates through Zebra 3.1, which not only solidify the currency’s standing but also unfold promising horizons for ZEC Coin’s price trajectory.
What’s New in Zebra 3.1?
The latest version, Zebra 3.1.0, has been launched, offering significant improvements to Docker support and the RPC interface. This upgrade transitions the Docker ecosystem from Debian Bookworm to Trixie and resolves previous technical glitches that troubled ARM users, allowing compatibility with Apple Silicon and cloud-based ARM setups.
“This resolves previous issues where ARM users could receive incompatible images, ensuring Zebra’s usability on devices like Apple Silicon and cloud ARM instances. Zebra 3.1.0 introduces a mempool filter that rejects transactions with extremely small outputs (‘.dust’), typically used in spam or disruptive activities. By filtering these transactions before they are broadcasted to the mempool, Zebra helps protect the network from certain spam vectors and reduces resource utilization for node operators.” – Zcash Foundation
Additionally, it enhances network resilience by filtering minuscule transactions often associated with spam. A significant change is setting a configurable response size for RPC queries, paving the way for deprecating the older zcashd. The transition to a modern, Rust-powered Zcash node marks a strategic step to fortify blockchain architecture, promising a robust environment for developers and node operators.
Where Could ZEC Coin Be Headed?
Currently, ZEC Coin is riding a wave of momentum, boasting a 10% increase daily. Despite past dips to $300, its resilience is notable, maintaining heights well above its prior standing 81 days ago and keeping only 42% below its all-time high.
The ability to maintain its $300 support level opens doors for higher valuations as the new year approaches. SEC’s acknowledgment of the privacy coin’s promise further boosts its position. Having regained another crucial support at $376, ZEC Coin looks to target new heights with $445 firmly in its sights.
Potentially reaching the $485-$608 band in the upcoming month, ZEC Coin’s subsequent endeavor targets its all-time high by setting its crosshairs on the $741 resistance, driving momentum for possible record-breaking levels by 2026.
