Zcash Market Update: ZEC Rises 9% as Shielded Pool Grows
ZEC traded at $1,354.89 on November 7, up 9.08% over 24 hours, with the shielded pool reaching 4.99 million ZEC. The Grayscale Zcash Trust held $772.08 million in net assets.
By ZecZcash News Team
ZEC was trading at $1,354.89 on November 7, representing a 9.08% gain over the previous 24 hours. The broader market cap stood at $23.07 billion, with $1.52 billion in trading volume. ZEC held the #10 spot by market capitalization.
The shielded pool — the portion of Zcash that uses privacy protections — contained 4.99 million ZEC, representing 29.29% of the total supply. The shielded pool increased by 40,320 ZEC over the past 30 days, a gain of 0.14 percentage points.
The network was at block height 3,547,347, with difficulty at 98,065,424 — down 7.04% from the previous measurement. The next halving event is scheduled to occur in 859,145 blocks.
The Grayscale Zcash Trust (ZCSH) held net assets of $772.08 million as of November 6, with shares trading at $35.59. The fund recorded settled inflows of $1.77 million.
Key Facts
- ZEC Price (24h)
- $1,354.89 (+9.08%)
- Market Cap
- $23.07 billion
- Shielded Pool
- 4.99M ZEC (29.29% of supply)
- ZCSH Net Assets
- $772.08 million
