Zcash price surges as institutional buying spurs rally, while BlockDAG nears aftersale deadline
Zcash (ZEC) has rallied sharply, rising about 12% to nearly $360 and outperforming most crypto assets with a 125% gain over the past month. US hedge fund Multicoin Capital disclosed a significant position in ZEC, having accumulated the coin since February, which boosted market confidence. Technical analysis shows a bull‑flag breakout pattern that could push ZEC toward a 40% upside target around $800, and the weekly RSI remains below overbought levels. The coin also gained tailwinds from its recent Robinhood listing and a tightening of supply, as more than 30% of circulating ZEC now sits in shielded addresses.
Meanwhile, the BlockDAG (BDAG) project is in the final stage of its aftersale phase, with three days remaining before the May 7 casino launch. BDAG is priced at $0.000000976 and Batch 5 includes the last 1 billion coins of this fixed‑price round. The upcoming launch will enable BDAG's use within a casino ecosystem, while the project continues to roll out mining machines, a Super App, and exchange integrations.