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How to Buy Zcash
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Zcash is a cryptocurrency that offers two types of addresses: transparent addresses that are publicly visible on the Zcash blockchain and shielded addresses that are more private. Coinbase customers can receive Zcash from both transparent and shielded addresses and send Zcash to transparent addresses. Sending to shielded addresses is not supported at this time.
Happening now
AI generated 22h ago
Following a period of very strong long-term gains and positive news, investors are now watching how ZEC navigates a recent short-term price drop.
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Sign me up3.8K
-39.29%
2.6K
-42.89%
1.5K
-30.49%
13K
$7.58B
$9.70B
16M ZEC
21M ZEC
16M ZEC
#17
0.25%
$628.06M
-26.83%
$4.89B
$27.56B
$5.94K
747.34%
ZEC vs markets
↗ 794.32%
ZEC vs BTC
↗ 810.24%
ZEC vs ETH
↗ 919.5%
Tags
mineable
pow
equihash
medium-of-exchange
+8
Network | Address | |
|---|---|---|
Zcash | NA |
Time | Price | Change |
|---|---|---|
Today | $461.66 | ↗ 0.96% |
1 Day | $457.26 | ↗ 0.96% |
1 Week | $511.92 | ↘ 9.82% |
1 Month | $351.41 | ↗ 29.36% |
1 Year | $54.48 | ↗ 747.34% |
AI generated 22h ago
Following a period of very strong long-term gains and positive news, investors are now watching how ZEC navigates a recent short-term price drop.
ZEC posts exceptional long-term gains
Zcash has shown remarkable performance over the long term, with its price increasing ↗730% annually and ↗43% over the last month. This growth significantly outpaced the average performance of similar crypto projects during the same periods.
The market has seen a recent price correction
Despite its long-term strength, the asset's price has declined ↘16% over the last week and ↘7% in the past 24 hours. This price drop occurred as daily trading volume also fell by ↘3%.
Key developments signal growing interest
These market movements are set against a backdrop of positive developments for the project. Recent news includes a filing by Grayscale to launch a Zcash ETF
and the securing of a
$100M treasuryto hold ZEC. Additionally, data shows a significant increase in the use of Zcash's privacy feature, known as its
shielded supply.
The latest ZEC price is $461.66. Compared to Zcash's value of $457.26 from 24 hours ago, there's been a 1% increase, while the current price is -10% down from $511.92 which was recorded one week ago. Zcash's all time high is $5,941.80, which was reached on October 29, 2016. This is a -92% change from its price today.
The current circulating supply of Zcash is 16,413,872. This is 78% of its max supply of 21,000,000 ZEC and 100% of its total supply of 16,413,872. The market cap is currently $7.58B, which is a result of multiplying the current price of Zcash($461.66) by the total supply(16,413,872 ZEC). The fully diluted valuation of Zcash is $9.7B. The diluted valuation of Zcash is $9.7B.
Zcash had 2,605 buyers, 1,523 sellers and total 3,831 trades in the last 24h. Zcash was searched 12,772 times in the last 24h.
Zcash (ZEC) is a decentralized cryptocurrency that focuses on providing enhanced privacy and anonymity for its users. Unlike many other cryptocurrencies, Zcash allows transactions to be conducted without revealing the sender, recipient, or transaction amount by default. This privacy feature is enabled through zk-SNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) technology, which allows transactions to be verified without exposing any sensitive information. While Zcash operates on a public blockchain, it gives users the flexibility to choose between transparent and shielded transactions, offering both privacy and transparency options.
Zcash operates on a public blockchain, but it differentiates itself through its optional privacy features. Users can choose between transparent transactions, which function similarly to Bitcoin transactions and are publicly visible, or shielded transactions, which use zk-SNARKs to obscure transaction details. In shielded transactions, the blockchain records that a transaction occurred, but the sender and recipient addresses, as well as the transaction amount, remain hidden. This dual transaction model allows Zcash to provide privacy when needed while maintaining compatibility with traditional transparent blockchain systems.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#7
Contributors
6,234
Posts
6,234
% About Zcash
1.801%
Articles
407
Hold times
0 days
X (Twitter)
40.94% bullish
Sentiment
4.4 ★
Highlights
6,234 unique individuals are talking about Zcash and it is ranked #7 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Zcash has an average sentiment score of 4.4 out of 5. Finally, Zcash is becoming less newsworthy, with 407 news articles published about Zcash.
On Twitter, people are mostly neutral about Zcash. There were 45.26% of tweets with bullish sentiment compared to 10.54% of tweets with a bearish sentiment about Zcash. 54.74% of tweets were neutral about Zcash. These sentiments are based on 76386 tweets.
On Reddit, Zcash was mentioned in 1195 Reddit posts and there were 3551 comments about Zcash. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.