ZCash Shielded Pool Reaches 23% of Total Supply Amid Network Activity Spike

ZCash's shielded pool now accounts for 23% of total ZEC supply, up from 18% in October, according to The Block's Data and Insights newsletter. The growth reflects increased privacy adoption on the network. ZEC price climbed from around $400 in early November to $750, with trading volume on Coinbase reaching $345 million over 24 hours, surpassing Ethereum's $288 million.