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Zcash News Today: "Enhanced Privacy and Fast Transactions Shape Crypto's Latest Protections as Shutdown Looms"

Zcash News Today: "Enhanced Privacy and Fast Transactions Shape Crypto's Latest Protections as Shutdown Looms"

Bitget-RWA2025/11/10 19:08
By:Bitget-RWA

- U.S. government shutdown costs $7-16B weekly, driving investors to crypto as macroeconomic uncertainty rises. - Zcash (ZEC) surges to $600, top-20 crypto, driven by 20-25% shielded transactions and privacy upgrades. - SOON (SOON) soars 337% on Solana-based scalability, hitting 80,000 TPS with Ethereum/TON interoperability. - Cybersecurity gaps from shutdown fuel demand for privacy-focused Zcash and scalable SOON amid digital risks.

The ongoing U.S. government shutdown, now stretching into its 38th day, has caused significant disruptions across the economy and government operations, with weekly financial losses estimated between $7 billion and $16 billion

. As the end of the shutdown approaches, more investors are seeking out alternative investments such as cryptocurrencies to protect themselves from broader economic uncertainty. In this climate, altcoins like (ZEC), SOON (SOON), and others are gaining momentum as investors look for stability in a turbulent market.

Zcash (ZEC) has climbed into the top 20 cryptocurrencies by market cap, reaching a three-year peak of $600

. This privacy-centric token is showing strong signs of recovery, with its price surpassing $500 and fully retracing its 2021 cycle. Blockchain data indicates a robust spot-to-futures ratio ($801 million in spot trades versus $4.5 billion in futures), suggesting genuine demand rather than leveraged speculation. Analysts credit ZEC’s rise to the increasing use of shielded transactions, which now make up 20–25% of circulating and 30% of all transactions. The Zashi wallet’s default privacy features and Project Tachyon’s upgrades to transaction speed have further cemented Zcash’s status as the leading privacy coin by market share .

SOON, a

Machine (SVM)-powered 2 token, has experienced an explosive 337% price jump in just one day, setting a new record at $3 . This dramatic growth is fueled by its modular design, which supports scalable private transactions and seamless integration with platforms like and TON. Recent milestones, such as the addition of Jump Crypto’s Firedance client and a permissionless asset launch test, have pushed SOON’s throughput to 80,000 transactions per second—eight times faster than Solana’s 400ms blocktime. With 330 million out of a total 980 million tokens in circulation, SOON’s roles in staking, governance, and airdrops have drawn both speculative and institutional investors, especially as Solana-related projects take center stage in the 2025 crypto landscape .

The extended shutdown has also heightened cybersecurity risks, with agencies such as the Congressional Budget Office (CBO) recently experiencing a breach linked to a "suspected foreign actor"

. Security experts caution that lapses in system updates and monitoring during the shutdown may leave federal IT systems vulnerable, posing ongoing threats to digital infrastructure. Although moving to the cloud has improved baseline security, the shortage of staff to address moderate vulnerabilities has raised alarms among the public. This situation has increased interest in privacy-oriented assets like Zcash and scalable solutions like SOON, as investors look to protect themselves from both economic and cyber risks .

With the government set to resume operations, the relationship between economic recovery and the adoption of cryptocurrencies is expected to influence the next stage of market trends. At present, Zcash and SOON are positioned as standout altcoins ready to benefit from a market where privacy, scalability, and resilience are increasingly valued.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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