Zcash Shielded Supply Explodes Past 4.4 Million — 27% of All ZEC Now Completely Untraceable

The shielded supply of Zcash has dramatically surged beyond 4.4 million coins, which accounts for an impressive 27% of the total ZEC in circulation now being entirely untraceable. This significant increase highlights the growing adoption and utilization of Zcash's privacy features, making it an increasingly popular choice for users seeking enhanced confidentiality in their transactions. As more individuals and businesses prioritize privacy in the digital currency landscape, the ability to conduct transactions without leaving a trace becomes more valuable. Consequently, the expansion of Zcash's shielded supply underscores the ongoing evolution of privacy-focused cryptocurrencies and their appeal in today's financial ecosystem. source: https://blocknews.com/zcash-shielded-supply-explodes-past-4-4-million-27-of-all-zec-now-completely-untraceable/