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$ZEC is still struggling to get a meaningful market rerating despite Ironwood’s latest security improvements.
ZIP-318 divides balances into standardized denominations and spreads transaction broadcasts over time. That means a slower migration can actually be consistent with stronger privacy, while simple transfer counts may exaggerate real user adoption.
At the same time, an issue in Orchard’s circuit raised the possibility that a malicious proof could generate concealed value. A corrected circuit was deployed, with normal actions restored at block 3,364,600.
📉 From July 27–30:
$ZEC: -8.1%
$BTC: -2.2%
$XMR: -0.2%
ZEC’s larger decline suggests the market is still applying a supply-related discount, leaving it vulnerable to further relative weakness.
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