Markets· ★★★★· bullish·

Zcash tops $1,500, up 18% in a day on NU7 vote and Grayscale inflows

  • ZEC rose 18% in a day, 28% in a week and 193% in a month, topping $1,500
  • Zcash's market cap exceeded $23 billion, and the token entered the top 10
  • 2.4 million ZEC took part in the NU7 vote — about two-thirds of the available supply
  • The Grayscale ZCSH ETP has accumulated about $727 million in assets in three weeks since listing
Why it matters: Institutional demand through the ETP and community support for the network upgrade cement Zcash as a leader in the privacy-coin segment.
Source: Crypto Briefing