Zcash is celebrating ten years since its first block on October 28, 2016, with its ZEC token trading at $1,308, up about 7% over 24 hours and carrying a $22.2 billion market capitalization. Co-founder Sean Bowe proposes ending the automatic allocation of 8% of every mined block to Zcash Community Grants and redirecting that flow to the network’s sustainability mechanism without increasing the total supply. Osmosis passed a proposal ending OSMO emissions with 91.07% approval, while Hyperliquid is preparing for the release of 9.92 million HYPE tokens, worth roughly $804 million, on November 6. Ether, Solana and XRP were trading at $2,351, $101.85 and $1.32, respectively, ahead of the Federal Reserve’s expected decision at 7 p.m., with rates widely expected to remain unchanged.
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