Zcash (ZEC) is trading at $1,159.27 down 3.15% over the past 24 hours. Its Galaxy Score is 61.7, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 11.4M engagements and 15.1K posts with 79% positive social sentiment.
AI summary: Zcash (ZEC) is a privacy-focused Layer 1 blockchain protocol utilizing zero-knowledge proofs that recently experienced a massive price explosion driven by institutional ETF inflows, short squeeze dynamics, and viral social media momentum. The price jumped from the 1-year low of $47.90 (Sept 2025) to $1,156.70 and a 52-week high of $1,232.30 intraday, fueled by: (1) Grayscale ZCSH ETF discovering $34.4M in inflows since launch, triggering a sharp short squeeze (Garrett Jin's $47M short is now down $24M+), (2) social dominance up 1,628% with mentions up 157% monthly, (3) the privacy sector outperforming Bitcoin's DXY trailing 213% per Glassnode. The viral FOMO around ZEC as 'privacy coin' narrative combined with ETF-driven institutional buying explains this explosive breakout more than any technical factor.