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Zcash shielded transactions hit highest weekly total since 2022, with $23.88B volume amid price surge.

Protocol Fundamentals
24 Sep 2026
Blockonomi
View Source
Bullish
Zcash shielded transactions hit highest weekly total since 2022, with $23.88B volume amid price surge.

Zcash processed 62,375 shielded transactions last week, marking its highest weekly total since 2022, alongside a transfer volume of $23.88 billion. This surge in private network activity coincides with a strong price rally, with ZEC trading near $1,500, up 193% year-to-date and over 2,470% annually. The rise follows network upgrades planned for November, including faster block times, and reflects growing market demand and mining activity. Future data will reveal if this elevated private activity sustains through October.

Zcash (ZEC) trades at Rp26,275,974 on Pluang as of Sep 24, 2026 17:21 WIB, showing a 9.08% decline in the last day. Despite the recent surge in shielded transactions and strong price rally noted in the article, ZEC's market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million. The typical hold time for ZEC on Pluang is 106 days, indicating a moderate-term investor interest amid the network's evolving activity.

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