Zcash Shielded Transactions Hit Four-Year High as Network Settles $23 Billion in a Week
- —62,375 shielded transactions last week, the most since 2022
- —Weekly network transfer volume reached $23.88 billion
- —ZEC near $1,500: up 193% YTD and over 2,470% in a year
- —24-hour trading volume stands at $1.97 billion
Why it matters: Rising shielded activity signals genuine demand for Zcash privacy rather than pure speculation; holding above 40,000 weekly would confirm the trend.
Source: Cryptopolitan