- Zcash (ZEC) trades forming higher highs and higher lows within an ascending channel on the four-hour chart.
- Rising trading volume, balanced sentiment, and positive funding rates show steady market confidence.
- Shielded transaction growth and a 30.07% shielded supply highlight increasing adoption of Zcash’s privacy pools。
Zcash (ZEC) trading volumes climbed and bullish momentum strengthened. The network’s growing focus on privacy features is also boosting investor confidence in this privacy-driven cryptocurrency。
ZEC Price Action and Market Dynamics
ZEC is currently trading within an ascending channel pattern, maintaining consistent higher highs and higher lows. According to Alpha Crypto Signal on X , ZEC is testing a crucial resistance area between $290 and $300. The analyst stated that a confirmed breakout above this zone, supported by strong volume, could trigger an upward move toward $320–$340。
The 50-period SMA around $250 is acting as the dynamic support, while the 9-period EMA near $272 reflects short-term momentum. Rising trading volume indicates increasing buyer participation as ZEC challenges the upper boundary of its trading channel.
Analysts further noted that a sustained close above $300 would validate further bullish continuation.If rejection occurs ZEC may retrace toward the $272 EMA support or the $260 trendline area. The overall market structure remains positive as long as the price stays above the support。
Trading Volumes and Market Participation
In the past 24 hours Zcash (ZEC) recorded futures volume of $871.99 million and a spot volume of $155.33 million, showing strong trading activity. Open interest stands at $411.77 million, and showing active participation
Binance recorded over $500 million in daily volume, with the long-to-short ratio of 49.64% to 50.36% reflecting an evenly balanced market mood.Positive funding rates show that long traders are still holding firm.If ZEC manages to close above the $300 the price could soon aim for levels around $320 and $350。
Growth in Shielded Transactions and Network Usage
Zcash’s shielded transaction activity has expanded, data from the network dashboard shows the Total Shielded Value rising to 4.91 million ZEC, a 1.02% increase. The Shielded Percentage now accounts for 30.07% of the total supply, showing a steady trend toward privacy adoption。
Although the Total Shielded USD Value dropped by 13.89% it was primarily from earlier price fluctuations. Network data indicates a consistent accumulation of shielded funds since April 2025, mainly in August and October.
Zcash continues to strengthen its position as a privacy-oriented cryptocurrency through increased use of its shielded pools, Sapling and Orchard,expanding the network’s balance between confidentiality and functionality supports its long-term relevance in the digital asset ecosystem。
