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Zcash surges past $490 on Nym's Ironwood pool adoption, boosting privacy coin market cap above $30B

Protocol Fundamentals
03 Aug 2026
Bitcoin
View Source
Bullish
pluang ai news

Zcash (ZEC) rallied nearly 5% to surpass $490 following Nym's adoption of its Ironwood shielded pool, enabling private, end-to-end payments on Nym's network. This surge lifted ZEC's market cap above $8 billion and helped push the total privacy coin market capitalization past $30 billion. The rally highlights growing industry focus on privacy as a key crypto frontier, with Zcash advancing decentralized governance through coinholder-driven shielded voting for grants. This marks a significant step in privacy-focused decentralized finance and digital asset evolution.

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