Zcash (ZEC) surged 12.48% in the past 24 hours, reaching a price of $52.24.
The market cap increased to $865.42 million due to strong trading volume.
With steady circulating supply at 16.65 million ZEC and growing investor activity, Zcash now holds the 79th spot in global crypto rankings.
Technical indicators suggest a bullish continuation for ZEC, with $55 as immediate resistance and potential price targets of $60, while $45 serves as strong support.