Zcash (ZEC) is trading at $559.52 up 10.17% over the past 24 hours. Its Galaxy Score is 92.5, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 2.6M engagements and 3.5K posts with 88% positive social sentiment.
AI summary: Zcash (ZEC) is a privacy-focused Layer 1 blockchain utilizing zero-knowledge proofs to enable private transactions. Current price stabilization near $490–$506 is driven by Ironwood liquidity floors around $500, while near-term gains are capped by Orchard risk and whale activity in the $500–$510 range. The recent 8.74% 24-hour gain and positive market sentiment further support the upward movement.