$ZEC has surged sharply this week, driven by the SEC closing its multi-year investigation into the Zcash Foundation with no enforcement action — removing a major regulatory overhang — alongside bullish technicals including a golden crossover and a 35% spike in futures open interest.
Futures activity is dominant, with $5.74B in futures volume dwarfing $478M in spot volume and $28.6M in liquidations in the past 24 hours, signaling highly leveraged market participation. $ZEC is currently leading Layer 1 weekly gains with +27% performance, with monthly gains of +110% and trading volume up +121%, ranking among the top-five L1 protocols by activity.
#BTC $ZEC
Futures activity is dominant, with $5.74B in futures volume dwarfing $478M in spot volume and $28.6M in liquidations in the past 24 hours, signaling highly leveraged market participation. $ZEC is currently leading Layer 1 weekly gains with +27% performance, with monthly gains of +110% and trading volume up +121%, ranking among the top-five L1 protocols by activity.
#BTC $ZEC