Last week Zcash processed over $23 billion in transfers, marking its busiest period since 2021 and the second-highest week in its history.
Too many of us have been burned watching price charts while ignoring on-chain reality. That leads to FOMO buying at the worst times and missing the signals that actually matter.
Those billions were not from a single whale. They came from countless smaller transfers piling up as people actually moved $ZEC around the network. Shielded transactions, the private ones, jumped to about 62,000 that same week, the most since 2022.
This reminds me of the last cycle. Back in 2021, when $BTC was running hard, the coins showing genuine on-chain activity like this were the ones that delivered. Privacy coins get written off until folks remember why they exist in the first place. $XMR had similar usage spikes before its bigger moves.
The chart watchers are missing it again. Real people are using the chain, not just speculating on the price.
Where do you think this on-chain revival takes things from here?
#Zcash #PrivacyCoins #OnChain
Too many of us have been burned watching price charts while ignoring on-chain reality. That leads to FOMO buying at the worst times and missing the signals that actually matter.
Those billions were not from a single whale. They came from countless smaller transfers piling up as people actually moved $ZEC around the network. Shielded transactions, the private ones, jumped to about 62,000 that same week, the most since 2022.
This reminds me of the last cycle. Back in 2021, when $BTC was running hard, the coins showing genuine on-chain activity like this were the ones that delivered. Privacy coins get written off until folks remember why they exist in the first place. $XMR had similar usage spikes before its bigger moves.
The chart watchers are missing it again. Real people are using the chain, not just speculating on the price.
Where do you think this on-chain revival takes things from here?
#Zcash #PrivacyCoins #OnChain
