Bankless Co-founder: ZEC Is Similar to 2021 ETH, BTC and ETH Unlikely to See Another 10x Growth

U.S. Bank’s 2026 Wealth Survey shows that U.S. Gen Zers start building wealth at an average age of 19, significantly earlier than previous generations. The survey covered 5,000 U.S. adults aged 18 and older. Findings indicate Gen Zers begin intentionally building wealth (e.g., investing, saving for retirement, or long-term savings) at 19 on average—six years earlier than millennials (25), 10 years earlier than Gen X (29), and 13 years earlier than Baby Boomers (32). Despite starting earlier, 56% of Gen Zers feel they are “doing everything right” but haven’t reached their expected financial standing; 62% report struggling to make financial progress, and nearly half (49%) have paused or plan to pause investing. The survey also found that as traditional milestones like homeownership become less attainable, younger generations are turning to alternative paths. 62% of Gen Zers and 61% of millennials view the stock market as a more realistic route to wealth than buying a home (compared to 51% of Gen X and 45% of Baby Boomers). Meanwhile, around 47% of Gen Zers get financial information from social media; nearly half of young people are more interested in emerging options like cryptocurrency, though most still consider traditional investing the best way to achieve long-term goals. Family support is also on the rise, with roughly 70% of parents having provided or planning to provide assistance for their children’s major life milestones.

Japan’s 5-year Japanese Government Bond (JGB) yield climbed 7.0 basis points to a record high of 2.345%.

On-chain analyst Ai Yi (@ai_9684xtpa) reports that four new addresses accumulated 31,979 ETH following last night’s market pullback. Between 23:31 and 23:38 last night, these four new addresses—likely belonging to the same whale or entity—withdrew ETH worth $85.68 million from Coinbase at an average price of $2,679.31 per ETH.

Wall Street investment bank Cantor Fitzgerald has initiated coverage on digital asset securitization firm Securitize, assigning an overweight rating and setting a target price of $21.2. Yesterday, Securitize’s share price climbed 12% to a record high of $14.57. Cantor Fitzgerald described tokenization as the largest overhaul of financial infrastructure over the past century, noting that based on its sector outlook, the stock appears attractive at current levels.

Zcash mining company Fortitude Mining announced that its parent firm Digital Currency Group (DCG) has increased its existing credit line from $26 million to $50 million, adding a new commitment of $24 million. Combined with the remaining balance of the original credit line, Fortitude now has approximately $31 million in available borrowing, and expects all these funds will be disbursed in ZEC. After receiving the ZEC, Fortitude can sell them on the open market, with the proceeds used to cover the purchase of 9,000 Zcash ASIC miners, as well as capital expenditures for building and acquiring data centers, power infrastructure, and other related facilities. Source: TheEnergyMag

Arbitrum-based derivatives protocol Variational has unveiled the tokenomics for its VAR token: 32% of the total token supply will be allocated to a genesis airdrop, distributed proportionally to users’ points, with 100% unlocked at the Token Generation Event (TGE); 18% goes to the ecosystem reserve, managed by the foundation; and 50% is reserved for the team and investors, locked for 12 months post-TGE before linear unlocking over a minimum of 3 years. The team plans to hold the TGE in the fourth quarter (Q4), with 150,000 points issued weekly until then. A minimum of 1 point is required to claim the airdrop, and unclaimed airdrop allocations will be burned. Additionally, 100% of the protocol’s revenue will be used to buy back and burn VAR tokens.