Zcash Market Update: ZEC Rises 7% as Shielded Pool Continues Growth
ZEC traded at $1,311.27 with a 7.09% gain over 24 hours as of November 4. The shielded pool held 4.98M ZEC, representing 29.25% of total supply, while the Grayscale Zcash Trust showed net inflows of $3.43M.
By ZecZcash News Team
ZEC was trading at $1,311.27 on November 4, up 7.09% over the previous 24 hours, with a market capitalization of $22.32 billion and a trading volume of $1.39 billion. Zcash held the 10th position by market cap.
The shielded pool—the privacy-protected portion of the Zcash network—contained 4.98M ZEC as of November 3, representing 29.25% of total supply. Over the past 30 days, the shielded pool increased by 42.87K ZEC, a gain of 0.16 percentage points.
On the network side, the blockchain height reached 3,542,437 as of November 5, with difficulty at 265,373,687, down 12.15%. The NU7 network upgrade is scheduled to activate at height 3,543,405 and has not yet been confirmed as activated.
The Grayscale Zcash Trust (ZCSH) held net assets of $756.83 million, with a market price of $34.33 per share and settled inflows of $3.43 million as of November 4.
Key Facts
- ZEC Price (24h)
- $1,311.27 (+7.09%)
- Market Cap
- $22.32B
- Shielded Pool
- 4.98M ZEC (29.25%)
- ZCSH Net Assets
- $756.83M
