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Privacy network Zcash has recently seen a significant increase in transaction count, with a 24-hour on-chain volume of approximately $1.17 billion.
BlockBeats News, November 17th. The privacy network Zcash (ZEC) has recently seen an increase in on-chain transactions, with a total of 44,505 transactions in the past 24 hours. On November 13th, the number of transactions reached a recent peak of 73,862. In October, the average daily number of transactions was about 10,000, and before the price surge of ZEC at the beginning of October, the average daily number of transactions was around 3,000.
Furthermore, in the past 24 hours, the Zcash mainnet has seen a trading volume of 1,679,199 ZEC, equivalent to approximately 1.17 billion USD.
According to HTX market data, ZEC is currently priced at $716, with a 24-hour growth of 1.62%. When well-known Silicon Valley angel investor Naval described "ZCash as insurance for Bitcoin" on October 1st, ZEC was priced around $75.
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