Zcash Shielded Transactions Hit Four-Year High as Network Settles $23 Billion in a Week

Crypto Insight Summary: Over the past year, Zcash has been the best performing cryptocurrency among the top ten largest assets by market cap. At the time of writing, ZEC trades around $1,500, up roughly 193% year to date and more than 2,470% since this time last year. Just a little over a month ago, ZEC was trading around... Crypto Insight Analysis: Direction: Bullish ZEC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Record shielded transactions and strong price performance indicate growing adoption and demand.