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via BeInCrypto · By BeInCrypto Editorial
Zcash Shielded Supply Hits Record 5.1 Million as the Token Bucks a Weak Market
ZEC
ZEC/USDT
$1,462.78
-3.62%
$1,462.78
-3.62%
(24s)24h Volume
$3,625,570,522.97
24h H/L
$1,572.35 / $1,456.93
Change: $115.42 (7.92%)
Funding Rate
-0.0035%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(07:24 AM UTC)
1 min read
Zcash (ZEC) is climbing while most of the market falls, and the reason sits on-chain rather than in the price action.
ZEC rose more than 13% over the past 24 hours to about $618, even as Bitcoin, Ethereum, and Solana all fell. That makes it one of the few large tokens in the green. Two on-chain records help explain why the largest privacy coin keeps outrunning the weakness.
Zcash Shielded Supply…
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