Zcash is up today – here is why

So, why is Zcash going up today?

• The number of Zcash active addresses is up 
• Adoption grows as more platforms add support for ZEC 
• Post-birthday optimism and expected Zypherpunk Hackathon

Zcash shielded pool sees major growth in user activity

Network data shows rising activity and strong buying interest in Zcash. Over the past 24 hours, the number of active Zcash addresses has increased by 9%, reaching around 6,920. The private (shielded) pool added 898 more ZEC and now holds 4.93 million coins - about $1.86 billion. This suggests that more users are taking advantage of Zcash’s privacy features for anonymous transactions. The steady growth seen in charts since April 2025 highlights growing demand for private crypto transactions, a core reason why Zcash is up.

Unichain, the Layer 2 network of decentralized exchange Uniswap added support for Zcash, Dogecoin and XRP on October 30. The integration runs through Universal, Unichain’s bridging system that creates ERC-20 representations called uAssets, which can be redeemed one-for-one for the native coins on their own networks. A day before, crypto payment platform MoonPay announced adding Zcash to its DeFi trading. The company noted that DeFi trading via the service is available in all regions where MoonPay operates, excluding New York and the European Economic Area (EEA). Together, these access points help explain why Zcash is going up.

Zcash celebrated its 9th birthday on October 28, drawing community attention and increased trading activity, including some sales that caused a short-term price dip. After the celebration, ZEC resumed its uptrend. Major network events can influence the price, explaining why did Zcash go up or down. The next key event for the network is the Zypherpunk Hackathon, scheduled online from November 10 to December 1.