Zcash Shielded Transactions Reach 90%, Reviving Financial Privacy Discussions

The proportion of shielded transactions for Zcash (ZEC) has reached approximately 90%, reigniting discussions on financial privacy in the age of AI. Grayscale has stated that the value of selective privacy features may be reassessed due to advancements in financial data analysis technology. The shielded supply of ZEC is about 4.2 million ZEC, which corresponds to 25% of its circulating supply. Grayscale presents ZEC's weight in the category of 'currency-type crypto assets' at 0.6%, explaining that if this weight increases to 5%, the value of ZEC would be calculated at nine times its current value. ZEC has a structure that encompasses both transparency and confidentiality, with user addresses and transaction amounts kept private. On July 28, 2026, ZEC transitioned to a new privacy structure through the Ironwood (NU6.3) upgrade, designed to independently verify the integrity of the shielded pool. Currently, the price of ZEC is reported at $809.55, with a market capitalization of $13.69 billion. The Grayscale Zcash Trust has announced plans to use the ticker ZCSH upon listing on the NYSE Arca. Industry reactions are mixed, with ZEC supporters interpreting the increase in shielded transactions as a signal of demand for financial privacy in the AI era.

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