Zcash Jumps 10% on Reports OKX May Relist Token
Zcash (ZEC) surged about 10% in the past 24 hours after market chatter that major exchange OKX is weighing a relisting of the privacy coin. The move pushed ZEC above $57 on Sunday, Nov. 23, highlighting renewed buyer interest and short-term bullish momentum as traders reacted to the potential return of exchange liquidity.
While the reports sparked a clear price reaction, OKX has not publicly confirmed a relisting, so traders should treat the news as unverified for now. If OKX does relist ZEC, the token could see improved access and orderbook depth, which matters for price discovery and institutional flows. At the same time, regulatory scrutiny around privacy-focused assets remains a risk that could temper longer-term gains, so market participants will likely watch official exchange statements and on-chain activity closely.