Zcash (ZEC) has quietly risen to become the second-highest fee generator in the cryptocurrency ecosystem, following Ethereum. Despite trading near multi-year lows, ZEC outperformed major blockchain networks and DeFi protocols in fee generation last week. This development comes amid increasing institutional interest in privacy-focused infrastructure, with both Solana and Ethereum advancing their native privacy solutions.
Currently, ZEC is trading around $500, with analysts identifying key support at $480 and resistance at $560. The improving fundamentals and rising fee generation are drawing attention, suggesting a potential recovery phase for the privacy-focused cryptocurrency.
Zcash Emerges as Second-Highest Fee Generator in Crypto
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