SEC approves Zcash: A dawn for privacy coin regulation, the ecological shift behind ZEC's 12% single-day surge

【Crypto World】The U.S. Securities and Exchange Commission has finally concluded its two-year investigation into the Zcash Foundation, issuing a clear verdict—no enforcement action will be taken. This is undoubtedly a major positive for the privacy coin sector, which has been navigating regulatory uncertainty.

However, there’s an interesting twist. After the news was announced, the price of ZEC surged over 12% within 24 hours, approaching $440. But ironically, the development pace of Zcash has recently slowed down, allowing Monero (XMR) to seize the opportunity and become the hottest privacy coin in the market. The market works this way: good news doesn’t necessarily mean strong fundamentals, and price increases aren’t always synchronized with development activity. This rebound seems more like a trade on “regulatory clarity” itself—privacy coins no longer need to tremble in fear.