Investment
Features
FeesSafety
Academy
More
Pluang+

Zcash market cap rises to 1.5% of Bitcoin's amid growing demand for privacy coins

Market News
29 Sep 2026
Crypto Briefing
View Source
Bullish
Zcash market cap rises to 1.5% of Bitcoin's amid growing demand for privacy coins

Zcash's market cap surged from 0.1% to 1.5% of Bitcoin's in one year, with its price rising from around $60 to $1,500. This growth is driven by increased demand for financial privacy as blockchain transparency and surveillance tools expand. Grayscale launched a Zcash ETF in August 2026, improving investor access and liquidity. Despite the rally, Zcash remains volatile and faces regulatory risks due to its privacy features.

Zcash's market cap growth is notable, but Pluang's market snapshot as of Sep 30, 2026 01:02 WIB shows mixed cryptocurrency performance: out of 50 major cryptos, 15 rose and 34 fell. Among selected assets, AXS gained 3.62% to Rp20.502 with 71% sell orders, COMP rose 3.56% to Rp437.893 with a balanced buy/sell split, while LTC dropped 3.15% to Rp1.204.552 with 72% sell orders. Typical hold times range from 62 to 97 days.

More News

Precision Optics posts 42% revenue growth and beats Q4 EPS estimates with improved margins.

Precision Optics posts 42% revenue growth and beats Q4 EPS estimates with improved margins.

Precision Optics Corporation reported a strong Q4 with record revenue of $8.8 million, a 42% increase year-over-year, surpassing analyst estimates of $7.1 million. The company also beat EPS expectations, posting -$0.01 versus the predicted -$0.06, si...

Company Fundamentals
Bullish
4 hours ago
Balancer holders approve liquidation plan, reject protocol fork in governance vote

Balancer holders approve liquidation plan, reject protocol fork in governance vote

Balancer token holders have voted to approve a liquidation plan and reject an official fork proposal, signaling the protocol's wind-down rather than continuation. This governance decision means the protocol will move toward structured asset liquidati...

Market News
Bearish
4 hours ago
Bittensor subnet operator revenue surpasses $32M amid growing AI service deals and token demand.

Bittensor subnet operator revenue surpasses $32M amid growing AI service deals and token demand.

Bittensor subnet operators have generated over $32 million in revenue within 18 months, driven by commercial deals in AI applications like carwash monitoring and financial cybersecurity. Companies such as Score and RedTeam have secured large-scale im...

Protocol Fundamentals
Bullish
4 hours ago
Zcash (ZEC) price drops 2.05% in one hour amid $310K liquidations on major exchanges

Zcash (ZEC) price drops 2.05% in one hour amid $310K liquidations on major exchanges

Zcash (ZEC) experienced a 2.05% price decline from $1,429 to $1,400 within one hour on September 29, with a total 24-hour drop of 4.27%. This price movement was accompanied by $280,000 in long position liquidations and $30,000 in short position liqui...

Market News
Bearish
4 hours ago
OpenAI seeks $30B pre-IPO funding at $1.4T valuation, delaying IPO to focus on AI safety.

OpenAI seeks $30B pre-IPO funding at $1.4T valuation, delaying IPO to focus on AI safety.

OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round, valuing the company at around $1.4 trillion. This follows a previous $122 billion raise at an $852 billion valuation earlier this year. The new funding round is i...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App