cryptonews.net
The Zcash Foundation announced at the Zcash Community Forum that the Zcash 4 Grants Committee approved a key proposal at its latest meeting aimed at expanding the Zcash ecosystem. This expansion will be achieved by creating and providing a browser-compatible library with the necessary primitives for online wallets and browser plugins. This breakthrough is a significant step for Zcash as it highlights the ongoing efforts to improve the functionality and accessibility of $ZEC, especially in the world of online applications.
MetaMask, a popular Ethereum-based wallet, has shown its support for Zcash by donating $150,000. This financial assistance is primarily aimed at helping develop the MetaMask Snap, which will enable the use of Shielded $ZEC. The inclusion of Shielded $ZEC in MetaMask marks a major milestone for the privacy-focused cryptocurrency, as it will allow users to conduct transactions with enhanced privacy features directly through their MetaMask wallets.
The popularity of $ZEC, Zcash’s native token, in the market reflects the excitement generated by the development. The token’s impressive price rise serves as a testament to the enthusiasm of Zcash investors and supporters. $ZEC recently became one of the top five gainers of the day, up 12.50% in the last 24 hours to $41.32. The growing surge is part of a larger bullish trend, with $ZEC up more than 28% in the last week.
Image: Admiral Markets