Over the last 60 days, Zcash’s shielded pool expanded by roughly 1 million $ZEC, cutting active liquidity by nearly a third, and the price of ZEC rose more than sixfold, from around $34 to $270+.
The increased shielding activity represents rising privacy adoption and significantly contributes to the recent ZEC rally.
Note $ZEC shielded supply growth in recent time:
✅In late August 2025: 3.8–3.9 million $ZEC, about 23% of total circulation.
✅By mid-October: 4.5 million $ZEC
✅By October 23: Approximately 4.9 million, accounting for roughly 30% of circulating supply.
💁Where does it go now?
$500 possible by 1st week of November 2025!
