Zcash News Today: Zcash Denies ZRC-20 Standard, ZEC Price Falls

The Project Account Clarifies ZRC-20 Status in New Post Zcash News Today brings an update straight from the project itself. The official account posted a clarification on September 21, 2026. The post addressed confusion around the ZRC-20 token standard. According to the official post, ZRC-20 is not a Zcash protocol standard. This follows earlier reports that framed ZRC-20 as an upcoming network feature. The account moved to correct that view directly. What the Official Post Said The project account listed three points in its statement. Each point aimed to reduce confusion around the network and its assets. ZRC-20 is not the protocol standard. Shielded Assets remain experimental and are only live on Testnet (a trial network used before a public launch). The asset secured by network consensus, for censorship-resistant private money, is $ZEC. The post ended with a short note telling readers to do their own research and stay safe. This Zcash News Today update shows the project taking a direct stance on a public claim. Source:Official X Post Shielded Assets Still in Early Testing Stage Shielded Assets is a planned feature that would let other tokens use it's privacy tools. According to the official post, this feature is still experimental. It runs only on Testnet, not on the main live network. This detail matters for readers tracking Zcash News Today. A testnet feature is not open to public use yet. It can still change before any wider release. ZEC Price Moves Lower Over 24 Hours The zcash price fell during the same period. CoinMarketCap data showed ZEC at $1,465.59, down 3.84 percent over 24 hours at the time of writing. Metric Reading ZEC price $1,465.59 24-hour change -3.84% Market cap $24.74B 24-hour volume $1.32B Fully diluted value $30.78B Circulating supply 16.88M Maximum supply 21M Trading volume also fell 7.29 percent over the same window. The volume to market cap ratio stood at 5.37 percent. Source:CoinMarketCap Chart Note:Prices can change quickly, so figures may not reflect the latest value. Readers should check a live price tracker for current data. Price Drop Follows the Clarification Post The official statement went out at 10:45 PM IST on September 21. CoinMarketCap data from around the same window showed ZEC down close to 4 percent. A direct cause was not confirmed in either source. Zcash News Today readers should treat this timing as a data point, not a confirmed link. Price moves in this corner of crypto news often have more than one driver. Expert Opinion: A Direct Correction From an Official Source An official account correcting public claims is a notable step for any project. It gives readers a clear, sourced answer instead of relying on outside reports. The statement also sets a boundary around what counts as an official feature.