Zcash Shatters Records: Shielded ZEC Circulation Reaches Historic High

Privacy protocol hits unprecedented milestone as shielded transactions dominate Zcash ecosystem.

The Surge in Private Adoption

Zcash's shielded pool—the heart of its privacy features—just recorded its highest-ever volume of protected ZEC coins in circulation. This isn't just incremental growth; we're witnessing a fundamental shift in how users value financial privacy in the digital age.

Breaking Through the Noise

While traditional finance continues wrestling with transparency regulations, Zcash users are voting with their wallets—and they're choosing opacity over exposure. The numbers don't lie: shielded addresses are accumulating ZEC at rates that would make compliance officers break out in cold sweats.

The Privacy Revolution Accelerates

This record-breaking movement demonstrates growing mainstream recognition that financial privacy isn't just for conspiracy theorists—it's for anyone who values basic economic sovereignty. As surveillance capitalism tightens its grip, Zcash offers what gold once provided: genuine ownership without prying eyes.

Because sometimes the most bullish statement you can make is choosing what to keep hidden from the financial establishment that still thinks your money is their business.

In the past three weeks, around 1M ZEC entered shielded pools, and has not been dumped on exchanges. Retail is also still shielding coins, instead of taking short-term profits. 

ZEC retains its price range

The recent interest in the ZCash project and its bridging to Solana is the main factor behind the ZEC price action. 

ZEC stayed solidly above $250, recently reclaiming the $270 level. The most bullish predictions is for the coin to attempt a recovery to $500. The coin has positioned itself as unique, despite the creation of more recent anonymous coins and tokens. ZEC is also one of the few assets to grow in BTC terms. In the past year, ZEC grew by 337% against BTC, going as high as 0.002 BTC.

ZCash retains a track record of one decade, and has claims to fulfilling one of the predictions of Satoshi Nakamoto for an anonymous version of Bitcoin. Additionally, the ZEC community boasts the millions of ZEC coins locked in the shielded pools as one of its positive trends. 

ZCash gets a boost from retail, whale buying

ZEC open interest remains relatively low compared to other older altcoins. On Binance, open interest is over $91M, out of a total of $210M. However, the most notable activity of ZEC is on the NEAR Protocol. 

ZCash is boosting new ways of using ZEC, as the coin has been recently removed from the Keystone wallet. The Zashi app is currently the main access point for trading and shielding ZEC.

Near Protocol swaps and access to the Zashi wallet means retail traders have a wider access to ZEC. Additionally, data shows a whale has swapped up to 50 BTC per day for ZEC coins. 

The rise of ZEC also showed not all privacy coins were the same. Most of the privacy assets, including new coins, took a hit during the latest market correction. 

Monero (XMR) still traded around $305, as its social media mindshare is still high. Railgun (RAIL) stalled its rally at around $2.51, as most other privacy coins took a downturn following the end of the altcoin market. 

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.