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Zcash and NEAR Protocol see strong market cap gains in September, while Bitcoin and Ether remain dominant.

Market News
23 Sep 2026
Tokenpost
View Source
Neutral
Zcash and NEAR Protocol see strong market cap gains in September, while Bitcoin and Ether remain dominant.

Between early September and September 23, Zcash (ZEC) and NEAR Protocol (NEAR) significantly increased their market capitalizations, reaching $27.60 billion and $5.77 billion respectively. Despite these gains, Bitcoin (BTC) and Ether (ETH) continued to hold the largest market caps at $1.73 trillion and $336.01 billion. The increases in ZEC and NEAR market caps do not necessarily indicate a transfer of funds from BTC or ETH. Institutional activity, such as DCG International Investments Ltd.'s $100 million purchase in the Zcash ETF, highlights growing interest in ZEC, while NEAR's ecosystem metrics show active usage but no clear displacement of Ethereum investments.

While Zcash and NEAR have seen notable market cap increases recently, on Pluang as of Sep 24, 2026 00:21 WIB, ZEC's market cap stands at Rp7,04 trillion with a price of Rp27.013.373, contrasting sharply with Bitcoin's dominant market cap of Rp30.192,28 trillion and price at Rp1.498.061.872. NEAR's market cap at Rp98,96 trillion and price of Rp77.395 remain far below Bitcoin's scale, highlighting the significant gap between these assets despite recent gains. All three assets show a similar 1-day price decline around 3%, reflecting short-term market movements on Pluang.

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