Zcash Price Holds Near $800 Amid Social Surge and Derivatives Data
Zcash (ZEC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Zcash is holding near $790 after Santiment recorded an 183% increase in average social dominance during the August rally. The privacy coin retreated from a high of $880, having gained roughly 80% from $490 earlier in the month. This expansion in online discussion outpaced Bitcoin, which saw 12% growth, and Ethereum, which posted 8%.
Zcash’s social dominance peaked on August 22, following Ethereum’s high on August 11 and Bitcoin’s peak on August 26. Technical resistance has formed between $815 and $825 due to lower highs, while support sits around $765 to $770. Grayscale launched the ZCSH exchange traded product on NYSE Arca on August 25, managing approximately $316 million in assets.
Meanwhile, the Zcash Foundation opened a poll on NU7 proposals regarding block times and issuance, with voting closing on September 14. Futures open interest reached $1.57 billion, with derivatives turnover at 10.3 times the reported spot volume of $345 million. The daily Relative Strength Index has eased to 69.7 from above 80, while liquidations totaled $5.4 million.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 29 August 2026. Not the outlet's figures.
Zcash is trading at $800.45 with a 1-hour buy ratio of 49.3%, indicating a near-even split in immediate buying and selling pressure. Over a 4-hour period, the buy ratio rises to 59.1%, suggesting that buying pressure is building over a slightly longer timeframe compared to the shorter 1-hour window. The 24-hour buy ratio stands at 50.2%, showing that buying has been consistent throughout the day. The 1-hour volume delta is negative at -$33,403, meaning more volume was sold than bought in the last hour. However, the 4-hour volume delta is positive at +$3,270,488, indicating that net buying has occurred over the last four hours. The 24-hour volume delta is +$699,620, confirming that net buying has outweighed net selling over the full day.
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.
Twenty-four hours later
What ZEC did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
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 50.1%, which is nearly identical to the current 24-hour ratio of 50.2%, indicating this is an ordinary day for the coin. Trading volume today is 0.57 times the weekly average, showing significantly lower activity than usual. The coin has gained 9.0% over the past eight days, with a total volume delta of +$25,684,775. This positive delta contrasts with the negative 1-hour delta, highlighting that recent selling has been part of a broader upward trend. Net buying has occurred on five of the last seven days, reinforcing the weekly bullish bias despite today’s lower volume.