Grayscale Zcash Trust Volume Doubles to $1.7M Daily in April as ZEC Shielded Supply Hits Record 30%

According to The Block, Grayscale Zcash Trust (ZCSH) averaged roughly $1.7 million in daily volume in April, more than double the figure from March, marking its highest level since January.

ZEC's shielded supply continues to reach record highs, with the Orchard pool growing from 1.92 million ZEC to 4.55 million ZEC over the last 12 months. Nearly 30% of all circulating ZEC now sits behind a shielded balance, the highest ratio in history. The price of ZEC currently stands at $320, up 50% in the last 30 days.