Markets· ★★★· bullish·

Zcash spot trading volume tops $19.3B in September, setting a record

  • —September spot ZEC volume topped $19.3B, with Binance contributing $8.4B (43%)
  • —ZEC price climbed 317% over three months, from about $395 to roughly $1,649
  • —Zcash market cap rose from $6.6 billion to $28 billion
  • —ZEC perpetual open interest grew to $848 million from $509 million in August
Why it matters: Record spot turnover and inflows into the ZCSH ETF signal Zcash's shift from a speculative trade to an institutional asset.
Source: Happycoin.club