๐จ Everyoneโs watching the
$ZEC price. I ended up digging into the on-chain numbers instead.
ZEC is sitting around $1,190, with a market cap near $20.1B and roughly $1.9B in 24H volume.
But this is what caught my attention: Zcash is averaging around 12,658 transactions a day, more than 5x a year ago. About 7,213 of them โ 57% โ are shielded transactions.
And roughly 4.87M ZEC, or 28.8% of the issued supply, is now sitting inside shielded pools. Thatโs around $5.9B worth of ZEC.
So for me, ZEC right now isnโt just a crazy price chart.
The price is moving fast, but the numbers underneath it are getting interesting too. ๐
#ZEC #Zcash #PrivacyCoins #OnChain #Shielded $ZEC $DASH