Zcash (ZEC) has seen a surge in interest on Coinbase, recording 52,000 searches and surpassing both Bitcoin (BTC) and XRP in popularity. This comes as the Grayscale Zcash Trust (ZCSH) reports a net asset value (NAV) of $52.20 per share, compared to a market price of $40.51, indicating a significant valuation gap. Additionally, Zcash is preparing for its NU6.1 upgrade on November 24, which will introduce new block reward allocations aimed at community grants and coinholder-directed funding.
Zcash Gains Traction on Coinbase Amid Grayscale Trust Valuation Gap
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
