Zcash’s monthly active developer count roughly doubled over the two years preceding November 2026, according to Grayscale head of research Zach Pandl. Over the same period, the broader crypto developer community had fallen from its peak.
Pandl’s article says about 70% of Zcash’s active developers have more than a year of crypto development experience, compared with 58% across the industry. It describes expertise in zero-knowledge proofs and post-quantum cryptography alongside a shared interest in making private digital currency more accessible.
That sustained participation is the basis for the article’s argument that Zcash can keep improving its protocol. Its further suggestion—that developer momentum could eventually raise ZEC’s valuation—is a projection, not an established outcome.
Original report, PANews, published November 12, 2026, at 08:23 (UTC+8).