Zcash (ZEC) is trading at $854.94 up 3.52% over the past 24 hours. Its Galaxy Score is 75.9, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 4.3M engagements and 7.2K posts with 89% positive social sentiment.
AI summary: A privacy-focused Layer-1 proof-of-work cryptocurrency using zero-knowledge proofs for optional shielded transactions on a public blockchain. ZEC hit $877.50 after the Grayscale ETF launch and a short squeeze sent it to a fresh ATH, then consolidated to ~$808 as overheated leveraged positions capped the follow-through despite strong privacy/ETF narratives driving the rally.