A clean 2% move on $803M volume, anchored by institutional interest in zk-SNARKs and backed by liquidation-fueled momentum. This is how foundational assets consolidate—with quiet institutional validation, not just noise.

ZEC Token Surges 2% as Institutional Interest and Futures Liquidations Fuel $803M Trading Volume

Zcash (ZECUSDT) has experienced notable price movement in the past 24 hours, with its price increasing by 2.04% to 537.08 USDT on Binance. This uptick is primarily attributed to continued strong interest in privacy-focused cryptocurrencies amid regulatory uncertainty, heightened institutional attention to Zcash's zk-SNARKs privacy technology, and recent sector-wide rallies. Increased trading activity and a surge in futures volume have also contributed to recent volatility, including short liquidations totaling $10,132 at the $525.56 level over the past week. Currently, ZECUSDT trades with a 24-hour volume of approximately $803 million, a market cap near $8.87 billion, and has fluctuated between a high of $560.00 and a low of $521.37 in the last day.