Zcash Market Update: ZEC Rises 2% as Privacy Pool Grows
ZEC traded at $1,271.22 on November 2, up 2.03% in 24 hours, with a market cap of $21.63 billion. Shielded ZEC holdings reached 4.97 million coins, representing 29.20% of the total supply.
By ZecZcash News Team
ZEC was trading at $1,271.22 on November 2, representing a 24-hour gain of 2.03%. The asset's market cap stood at $21.63 billion with $501.33 million in daily trading volume, maintaining its position as the tenth-ranked cryptocurrency by market capitalization.
The shielded pool—which holds ZEC using privacy-protecting technology—contained 4.97 million coins as of October 31, accounting for 29.20% of total supply. Over the previous 30 days, shielded holdings increased by 27.39 thousand ZEC.
The Zcash network reached a height of 3,538,993 blocks, with mining difficulty at 335,716,238, up 19.89% as of November 2 at 06:00 UTC. The next halving event is scheduled to occur after 867,407 additional blocks are mined under pre-NU7 rules.
The Grayscale Zcash Trust (ZCSH) had net assets of $724.82 million as of October 30, with a market price of $32.64 per share and a settled flow of −$4.57 million.
Key Facts
- ZEC Price
- $1,271.22
- 24h Change
- +2.03%
- Market Cap
- $21.63 billion
- Shielded ZEC
- 4.97M (29.20% of supply)
