$ZEC is trading around $900 despite broader market weakness.

One fundamental indicator deserves attention:

Approximately 4.98 million ZEC are now held in shielded pools, representing around 29.2% of circulating supply.

This matters because privacy is not simply a marketing narrative. It is a fundamental feature of the network.

However, investment products are also experiencing outflows, reminding us that institutional demand remains important.

My perspective: The long-term privacy thesis remains interesting, but I want to see sustained adoption rather than relying exclusively on speculative momentum.

#zec #zcash #MannequinCrypto