Zcash (ZEC) shows bullish technical signals and major infrastructure development. The cryptocurrency broke a falling wedge pattern as its price rose to over $200 on March 15. Separately, U.S. firm Foundry announced plans to launch an institutional-grade Zcash mining pool in April 2026, emphasizing compliance and reliability.
Zcash (ZEC) gained more than 2% to reach $213.02 on March 15, 2026. CoinMarketCap data shows a weekly gain of 7.7% for the privacy-focused cryptocurrency. Analyst Whales_Crypto_Trading noted ZEC broke a falling wedge pattern on its chart.
The technical setup is often seen as a precursor to upward momentum. The price is currently hovering near a historically strong support zone between $28 and $30. Infrastructure provider Foundry announced it will launch a compliance-first Zcash mining pool in April 2026.
The new pool will feature SOC certifications and transparent payouts for institutional miners. Zcash founder Zooko Wilcox highlighted the pool could redistribute network hashpower. Early interest suggests the move may attract enterprise miners who prioritize operational reliability.
