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Solana's Zcash spot volume hits $64M, ranking 4th among major crypto exchanges.

Market News
07 Sep 2026
Crypto Briefing
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Bullish
Solana's Zcash spot volume hits $64M, ranking 4th among major crypto exchanges.

Solana's decentralized platform has surged to fourth place in global Zcash (ZEC) spot trading volume, reaching about $64 million in 24 hours. This marks a 220% increase and positions Solana alongside top centralized exchanges like Binance, Coinbase, and Kraken. The growth is driven by cross-chain bridges like OmniBridge and platforms such as Raydium and Orca, which facilitate ZEC trading on Solana's decentralized exchanges. However, the rise of wrapped ZEC on Solana also raises security concerns due to vulnerabilities in cross-chain bridge infrastructure, which has been a major target for DeFi attacks.

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