Zcash Spot Trading Volume Reaches New Monthly Record in September

Zcash spot trading activity has surged to a new monthly record in September, according to data tracked by ZecStats. The tracker shows more than $19.3 billion in ZEC spot trading volume across exchanges for the month, which was not yet finished at the time of reporting.

Binance accounts for the largest share of volume at roughly $8.4 billion. Coinbase, Poloniex, KuCoin, OKX, Kraken, and Gate also contribute to the total. With several days remaining in September at the time of posting, the final monthly total could move higher.

The source notes that the sharp increase comes during a month of unusually strong activity around Zcash, including ZEC trading above $1,500 and increasing institutional interest.