Grayscale: The number of active developers for Zcash has doubled in two years, and strong community growth may drive up ZEC valuation

Zach Pandl, the head of research at Grayscale, pointed out that the number of monthly active developers for Zcash has roughly doubled over the past two years, while the broader cryptocurrency developer community has declined from its peak during the same period.

About 70% of Zcash's active developers have over a year of experience in cryptocurrency development, which is higher than the overall industry average of 58%. These developers possess expertise in zero-knowledge proofs and post-quantum cryptography research. The article suggests that the continued engagement of developers indicates the network's capability for ongoing improvement. The growing developer community of Zcash combines a strong privacy ethos with the goal of making private digital currencies more accessible. This momentum is expected to continue supporting protocol innovation and may ultimately translate into an increase in ZEC valuation.