CoinMetrics latest report on the resurgence of Zcash.
📣 New State of the Network: Zcash’s Breakout and the Revival of On-Chain Privacy
In @coinmetrics latest State of the Network, @TanayVed breaks down Zcash’s rally, rising shielded usage, and the factors behind its momentum
Key takeaways:
- Zcash has sharply outperformed the broader market, with ZEC up nearly 10x since October as interest in on-chain privacy sees a revival.
- Shielded supply has climbed to 4.9M ZEC (~30% of supply), driven mostly by growth in partially shielded flows rather than fully private transactions.
- Advances in zero-knowledge proving, unified-address wallets like Zashi, and cross-chain rails such as NEAR Intents have meaningfully lowered the friction of adopting on-chain privacy.
Read the full report (Link in replies)
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