How Zcash Became Coinbase’s Most-Searched Crypto in November

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Key takeaways:

  • Zcash surged more than 10x within weeks, briefly returning to large-cap territory with a valuation above $10 billion.

  • On Coinbase, ZEC became the most-searched asset in mid-November, surpassing both Bitcoin and XRP.

  • The rally is supported by several real shifts: the 2024 halving, rising shielded balances and the NU6.1 holder-controlled funding model.

  • Analysts are divided, with some calling the move a blow-off top and others viewing it as a repricing driven by renewed interest in “responsible” privacy coins amid stricter AML rules.

Zcash…



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How Zcash Became Coinbase’s Most-Searched Crypto in November


Key takeaways:

  • Zcash surged more than 10x within weeks, briefly returning to large-cap territory with a valuation above $10 billion.

  • On Coinbase, ZEC became the most-searched asset in mid-November, surpassing both Bitcoin and XRP.

  • The rally is supported by several real shifts: the 2024 halving, rising shielded balances and the NU6.1 holder-controlled funding model.

  • Analysts are divided, with some calling the move a blow-off top and others viewing it as a repricing driven by renewed interest in “responsible” privacy coins amid stricter AML rules.

Zcash…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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