Zcash $ZEC is trading at $441.80, recording a 6.74% gain over the past 24 hours. The privacy-focused cryptocurrency is currently ranked #16 by market capitalization, with its market cap climbing to $7.26B, reflecting strong market confidence.
Today’s upside move is supported by a notable increase in trading activity. 24-hour volume has surged to $718.71M, up 50.6%, indicating heightened participation from both retail and institutional traders. Rising volume alongside price strength often signals sustained demand rather than a short-lived spike.
Market participants attribute the rally to renewed interest in privacy-centric assets amid broader market optimism and increasing attention on on-chain privacy solutions. Zcash’s long-standing role in zero-knowledge proof technology continues to support its relevance within the crypto ecosystem.
Traders are now watching key resistance levels to see whether $ZEC can extend gains or enter a consolidation phase following the sharp move.
