Zcash Market Snapshot: ZEC at $1,252.87 Amid Recent Decline
ZEC traded at $1,252.87 on November 8, down 5.82% over 24 hours, as the Grayscale Zcash Trust held $772.08 million in net assets and shielded-pool adoption continued to grow.
By ZecZcash News Team
ZEC was trading at $1,252.87 on November 8, representing a 24-hour decline of 5.82%. Market capitalization stood at $21.33 billion, with 24-hour trading volume at $716.77 million. The asset held rank 10 by market cap.
Shielded-pool adoption continued to increase, with 4.99 million ZEC held in shielded addresses, representing 29.28% of circulating supply. Over the previous 30 days, shielded holdings grew by 37.6 thousand ZEC, an increase of 0.13 percentage points.
The Zcash network reached height 3,551,050 with difficulty at 109,466,564, up 11.22% recently. The next halving is scheduled to occur in approximately 855,350 blocks.
The Grayscale Zcash Trust (ZCSH) held net assets of $772.08 million as of November 6, with a market price of $35.59 per share. The trust recorded positive settled flows of $1.77 million over that period.
Key Facts
- ZEC Price (24h)
- $1,252.87 (−5.82%)
- Market Cap
- $21.33B
- Shielded ZEC
- 4.99M (29.28% of supply)
- ZCSH Net Assets
- $772.08M
