ZCash sets new milestone with record shielding activity and rising retail use
ZCash (ZEC) continues to attract attention as the network reaches a new record for coins locked in shielded pools, underscoring growing adoption of privacy-focused digital assets. Over the past 24 hours, an additional 959 ZEC were shielded, pushing the total supply of private coins to an all-time high.
This milestone reflects increasing retail participation and the trend of users moving their holdings into privacy pools for long-term storage rather than short-term trading, reports Cryptopolitan.
According to the project’s creator, the latest record demonstrates not only the maturity of ZCash’s privacy tech but also its ongoing appeal to users seeking anonymity in DeFi.
Depositors who shield their ZEC are less likely to sell on centralized exchanges, instead opting to use their assets on Solana, where ZEC has a bridged and shielded version. In the past three weeks alone, around 1 million ZEC have been transferred into shielded pools — with no significant sell-offs observed, indicating growing conviction among holders.
ZEC price holds firm amid retail and whale accumulation
ZEC has maintained a strong price range above $250, recently reclaiming the $270 level amid renewed retail and whale interest. Analysts predict potential upside toward $500 if momentum continues. The coin remains one of the few long-standing privacy tokens to gain against Bitcoin, surging 337% over the past year to as high as 0.002 BTC.
Part of the renewed enthusiasm stems from ZCash’s successful integration with Solana and continued retail engagement through its Zashi wallet, which serves as the primary platform for shielding and trading ZEC following its removal from the Keystone wallet.
On Binance, ZEC’s open interest currently stands at $91 million, out of a total $210 million, signaling growing market activity. Meanwhile, blockchain data shows a whale has been swapping up to 50 BTC daily for ZEC, further supporting price stability and accumulation trends.
ZCash outperforms other privacy coins
The latest surge underscores ZCash’s resilience compared to other privacy-focused assets, many of which have struggled during the recent altcoin market downturn. Monero (XMR) continues to hover around $305, while Railgun (RAIL) has stalled near $2.51 after a brief rally.
ZCash’s decade-long track record and adherence to the original Satoshi Nakamoto vision of private money have reinforced its credibility in the evolving digital asset landscape. With millions of coins now locked in shielded pools and growing cross-chain utility, ZEC is strengthening its position as the leading privacy cryptocurrency heading into 2026.
Recently we wrote that on October 2, the crypto world started talking about Zcash again. The privacy token, which many had already written off, surged more than 60%, reaching a three-year high of $158.
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