Zcash (ZEC) has experienced a remarkable surge, climbing 150% in just one week to reach $151, marking a three-year high. Trading volume for ZEC has also increased tenfold, hitting $1.27 billion. This surge is attributed to renewed institutional demand and the growing popularity of cross-chain swaps.
Alongside Zcash, other altcoins such as Solana (SOL), Fetch.ai (FET), Sei (SEI), and Stellar (XLM) are gaining traction in the fourth quarter. Analysts highlight these cryptocurrencies due to increased liquidity, adoption, and stable trading patterns. Solana benefits from its robust decentralized ecosystem, while Fetch.ai, Sei, and Stellar are noted for their rising visibility among traders.
Zcash Soars 150% in a Week Amid Altcoin Momentum
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.