Grayscale Zcash Trust Volume Doubles to $1.7M Daily in April as ZEC Shielded Supply Hits Record 30%

ZEC-5.26%

According to The Block, Grayscale Zcash Trust (ZCSH) averaged approximately $1.7 million in daily volume in April, more than double the previous month’s figure and its highest level since January.

Meanwhile, ZEC’s shielded supply continues reaching record highs. The Orchard pool, which uses Halo 2 zero-knowledge proofs, has grown from 1.92 million ZEC to 4.55 million ZEC over the last 12 months. Nearly 30% of all circulating ZEC now sits behind a shielded balance, the highest ratio in history. ZEC’s price currently stands at $320, up 50% in the last 30 days.

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