Zcash (ZEC) Daily Market Analysis 22 August 2026

Zcash surges 28.7% in 24 hours to $741, driven by ETF filing, NEAR partnership, and short squeeze – here's the latest: • Grayscale files amended registration for Zcash ETF on NYSE Arca, with possible rename to "The Zcash ETF" around 25 August – approval not yet confirmed • NEAR Protocol and Zodl announce 20 August collaboration to improve cross-chain ZEC swap accessibility • Short squeeze intensifies rally: 91.8% of 24-hour futures liquidations were shorts ($18.84M), with open interest up 73.58% to $1.54B • ZEC now ranks #12 by market cap at $12.52B, up 50.64% over seven days from $519 to $741 • Crypto Fear & Greed Index hits 70 ("Greed") as Bitcoin rises 23.77% weekly, supporting broader risk-on sentiment