Markets· ★★★· bullish·

Privacy Coins Outperform in September: ZEC Up 64%, NEAR Up 166%

  • —ZEC rose from ~$860 to a peak of $1,687.78 on Sept. 27, closing the month up 64%
  • —ZEC's market cap topped $20 billion, briefly placing it among the top 10 assets
  • —NEAR gained 166% in September and broke $5 after Bitwise's ETF launch on Sept. 29
  • —ZANO fell 20% after a 30-day blockchain rollback to patch an inflation bug
Why it matters: Capital rotation into privacy coins and new ZEC and NEAR ETFs could sustain institutional demand into the fourth quarter.
Source: Bitcoin.com