Zcash records double-digit gains as privacy coins demand soars

Top Gainers: Fastest-Growing Cryptocurrencies volume

Zcash led the rally with an 8.56% surge, backed by a 14.67% rise in trading volume and strong on-chain fundamentals. Flare and Pyth Network showed sustained bullish sentiment, each posting solid intraday gains and maintaining healthy liquidity ratios. Kermit stood out for its price stability, but its low volume and micro-cap status highlight the risks of low-liquidity assets. A new wave of price momentum is sweeping across select altcoins, with …

Zcash records double-digit gains as privacy coins demand soars

Zcash (ZEC) has posted double-digit gains, primarily driven by renewed demand for privacy-focused coins, standing out in a downward cryptocurrency market. As of press time, ZEC was trading at $51.67, up over 10% in the past 24 hours. Over the past month, Zcash has surged more than 40%, pushing its market capitalization to around $860 million, edging closer to the $1 billion milestone. ZEC one-day price chart. Source: CoinMarketCap While most maj…