F2Pool co-founder Chun Wang said Zcash’s recent gains have been driven largely by “narrative buying,” arguing that a higher market capitalization does not mean its fundamentals justify its current ranking. He said Zcash has long faced questions over token distribution, governance and security, and that its privacy narrative alone is not enough to put it on par with networks such as Solana and Hyperliquid, which he said have clearer real-world usage demand.F2Pool co-founder Chun Wang said Zcash’s recent gains have been driven largely by “narrative buying,” arguing that a higher market capitalization does not mean its fundamentals justify its current ranking. He said Zcash has long faced questions over token distribution, governance and security, and that its privacy narrative alone is not enough to put it on par with networks such as Solana and Hyperliquid, which he said have clearer real-world usage demand.September 8, 2026 14
