Overview
- ZEC has jumped about 1,200% this year and, after touching roughly $615 this month, recently traded near $520, far ahead of bitcoin and ether over the same span.
- NewsBTC reports that about 30% of Zcash’s circulating supply now sits in shielded addresses that encrypt amounts and wallet details using zero-knowledge proofs.
- Institutional interest has grown, with Multicoin building a position, Cypherpunk Technologies adding 295,000 ZEC, Arthur Hayes disclosing a large stake, and Grayscale offering exposure.
- Business Insider cites fresh access points, including Robinhood’s listing and the launch of what it describes as the first US spot Zcash ETF, as catalysts for new demand.
- Analysts link the rush to concerns over traceable blockchains and AI-era data mining, and NewsBTC notes ZEC even briefly topped Cardano by market value as ADA’s DeFi activity lagged.