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13 hour ago
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Zcash Surges 1,270% Year-Over-Year, Enters Top 20 Cryptocurrencies

Zcash (ZEC) has surged over 1,270% year-over-year, entering the top 20 cryptocurrencies. Its price recently exceeded $650, reaching a market cap of nearly $10 billion, with daily trading volume surpassing $1.88 billion across major exchanges like Binance and Bybit.

  • Renewed interest in privacy-preserving technologies amid financial surveillance concerns.
  • Technical upgrades from the Electric Coin Company (ECC) and Project Tachyon boost investor confidence.
  • Zcash’s zk-SNARKs power shielded transactions, comprising 30% of its circulating supply, enhancing price stability.
  • Integration into DeFi ecosystems via Solana and BNB Chain expands reach, engaging over 16,000 wallets.

Analysts project Zcash could reach $1,000 if current momentum continues, supported by strong privacy narrative and institutional interest. However, caution is advised due to potential regulatory challenges and overbought conditions. Zcash's resurgence reflects its role in balancing transparency and financial freedom in cryptocurrency.

Zcash ZEC ZECUSD