Ledger Adds Private Zcash Support as ZEC Rises 84%
Zcash (ZEC)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Ledger has enabled Zcash holders to store private balances directly within its Ledger Wallet desktop application. This update arrives while Zcash is trading 84% higher than its value one month prior. Ledger produces hardware wallets that store crypto keys offline, and previously users required a separate third-party app to hold private ZEC.
These private funds are only visible if they reside in Ironwood, the new privacy pool launched by Zcash in July. Ironwood replaced the older pool after researcher Taylor Hornby identified a flaw there. Ledger Chief Technology Officer Charles Guillemet confirmed that private data remains on the user's computer.
He stated, "Privacy here is not a server setting. To keep your shielded balance private, the scanning and the transaction building happen on your machine." Guillemet added that the unified viewing key is stored locally and never shared with anyone, including Ledger. The update allows for a more integrated experience for users of the Ironwood pool.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 23 September 2026. Not the outlet's figures.
Zcash is currently trading at $1,630.05 with a 1-hour buy ratio of 50.9% and a 4-hour buy ratio of 49.9%. These short-term figures are slightly lower than the 24-hour buy ratio of 53.7%, indicating that immediate buying pressure is fading relative to the daily average. The 1-hour volume delta is positive at $143,688, while the 4-hour delta is negative at -$13,396. Volume delta measures the net difference between buy and sell volume; a positive number means buyers are more aggressive than sellers, while a negative number means sellers are dominating. Over the last 24 hours, the total volume delta is +$34,927,824, showing that net buying has outweighed selling over the full day. Despite this net buying, the Cumulative Volume Delta at the 24-hour close is -$6,576,415, suggesting that recent selling pressure has offset earlier buying.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.5%, meaning today's 24-hour ratio of 53.7% is 3.2 points higher than the weekly average. This indicates a day of unusual buying activity compared to the recent norm. Spot volume for the 24-hour period was $468,442,768, which is 1.14 times the weekly average volume. The coin has seen a price change of +46.8% over the last 8 days. Total volume delta for the 8-day period stands at +$100,881,214, confirming sustained net buying over the longer timeframe.