$ZEC is a privacy-focused cryptocurrency that extends the model of Bitcoin by adding optional anonymity. Instead of every transaction being public, Zcash provides shielded transactions using cryptographic proofs (called zk-SNARKs) so that sender, receiver, and amount remain hidden. CoinMarketCap+2Wikipedia+2
It maintains a maximum supply of 21 million ZEC, like Bitcoin — giving it scarcity. Wikipedia+1
Users can choose between “transparent addresses” (like Bitcoin’s) or “shielded addresses,” giving flexibility: privacy when needed, transparency when required (e.g. regulation or auditing). CoinMarketCap+1
Because of this design, Zcash appeals to those who value financial privacy and fungibility — i.e. they want their funds to behave like “digital cash” rather than “traceable ledger entries.”
📈 Recent Price & Market Developments
In 2025, Zcash saw a major rally. After rising from low levels earlier in the year, ZEC surged in price — reaching levels significantly higher than many privacy-coins. Meyka+2CoinCentral+2
That rally seems to have been driven by a combination of renewed interest in privacy coins, growing usage of shielded transactions, and broader crypto market momentum. Meyka+2OKX+2
However: price volatility has returned. Recent reports suggest ZEC has plunged — some estimates indicating a drop of 20–50% from recent highs. CCN.com+2CryptoPotato+2
Analysts are pointing out weakness: dropping demand, failed support levels, and bearish technical indicators — raising questions about whether the correction is over or deeper declines await. BeInCrypto+2BeInCrypto+2
In other words: ZEC went from standout performer to one of the more under-performing assets recently, even as many in the crypto space recover.
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