ZEC Surges 10.83% as Privacy Coin Demand and Infrastructure Upgrades Drive Market Momentum
Zcash (ZEC) is currently trading at $54.76 with a 24-hour open of $49.41, reflecting a 10.83% price increase and strong trading volume, marking notable upward momentum and ranking ZEC at #80 by market capitalization. The recent price surge is attributed to renewed interest in privacy coins, infrastructure upgrades enabling faster swaps and higher transaction limits, and positive sentiment following Zcash’s breakout above key resistance levels; technical analysis and increased on-chain exchange inflows from large holders also indicate heightened trading activity and shifting market dynamics. No significant protocol updates or new partnerships have been reported, but ongoing infrastructure improvements and Zcash’s privacy features continue to support market interest.