Zcash sets 15% How many traders are driving tokens on armored pools
Zcash was one of the top winners during the most recent targeting rally, reaching High High High High Higher High Higher Higher. Because traders have transferred a record amount of tokens from the circulation.
With crypto markets that see a mild recovery, zcash (Rabbit) appeared as one of the best performers. On Tuesday, 8. April, the token rose 15% on a daily 35.69 USD before stabilization at $ 34.49. Rally coincided with Bitcoin who was Bitcoin’s move over $ 80,000, before he fell to $ 77,422.
The metrics on the chain also suggest increasing trust traders in the token focused on privacy. Only one day before, Zcash was a protected pool significantly spread, Monday, hit Monday, near 2.9 million rabbits. According to the Zcash site, from 8. April, the picture is sitting to 2.54 millionthat represents 15.9% of the entire offer.
Zcash sees a record quantity of tokens from the circulation
The protected offer refers to the number of tokens held in Z-Addresses. Unlike other types of wallet on blocks, these addresses vague and supply instructions and transaction to ensure privacy. The protected offer is often observed as an indicator of long-term confidence in the network.
Matest, most centralized exchange does not support trading with Z-addresses due to money laundering and knowledge of your customer. This means that these tokens are efficiently removed from the circulation of the offer, creating a scarcity in the open market, which can support higher prices.
Supply of the prohibited supply also indicates increased adoption of ZCASH privacy characteristics. Like Monero, Zcash Markets alone as a privacy token, allowing completely anonymous transactions on the chain.
However, this function has attracted the attention of regulators, which are skeptical to these tokens due to AML and KIC concerns. It is well-known, in 2022. year, the US Homeland Security Department suggested that they were Development techniques To track transfers on these blocks.
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2025-04-08 20:39:00
