In a ChainCatcher report published on November 12, 2026, at 08:24 UTC+8, Grayscale research head Zach Pandl said Zcash’s monthly active developer count had roughly doubled over the preceding two years. Over that period, he said, the broader crypto developer community had fallen from its peak. The report did not provide developer counts or a valuation figure.
Pandl said about 70% of Zcash’s active developers had more than one year of crypto development experience, compared with 58% across the industry. He also pointed to expertise in zero-knowledge proofs and post-quantum cryptography research.
The article interpreted sustained developer participation as a sign that the network can keep improving. It suggested that the community’s privacy focus and aim of making private digital currency more accessible could support protocol innovation and might eventually lift ZEC’s valuation. That valuation outcome remains a possibility, not an observed market effect.