Zcash (ZEC) is trading at $782.23 down 6.11% over the past 24 hours. Its Galaxy Score is 36.6, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 6.2M engagements and 9.2K posts with 80% positive social sentiment.
AI summary: Zcash (ZEC) is a privacy-focused Layer 1 proof-of-work cryptocurrency that uses zero-knowledge proofs to enable fully encrypted, shielded transactions on a public blockchain. A parabolic 27.68% daily surge to ATH $877.50 driven by three converging forces: anticipation of the Grayscale spot ETF launch, Ironwood migration locking ~90% of supply creating a scarcity floor near $500, and a violent short squeeze with ~$10B in futures volume that overwhelmed spot-flow signals.