OKX Relists Zcash as Price Surges to $601

Zcash (ZEC) Returns to OKX Exchange

Zcash (ZEC) is relisted on OKX, a major cryptocurrency exchange.
OKX announced the listing on November 23. ZEC/USDT spot trading begins at 12:00 UTC on November 24, with withdrawals available two hours later.
OKX delisted ZEC and other privacy coins in January 2024 due to "low activity" and user feedback.

Price Movements and Market Impact

Following the announcement, Zcash reached a local high of $601 but corrected to $564 amid bearish market sentiment.
Zcash has surged over 1,100% in the past three months, with a market cap of $9.24 billion and daily trading volume nearing $2 billion.
The crypto privacy market's total cap is $59.6 billion, driven by Zcash's price momentum.
Analysts predict further growth, with some setting a target of $750 for ZEC.