The current real-time price of ZENZEC is $357.85. In the past 24 hours, ZENZEC has traded between $357.91 and $375.96, showing strong market activity. The all-time high of ZENZEC is $733.1, and the all-time low is $304.97.
From a short-term perspective, the price change of ZENZEC over the past 1 hour is , over the past 24 hours is -0.08%, and over the past 7 days is -4.45%. These figures provide a quick overview of the latest price trends and market dynamics of ZENZEC on LBank.+1.97%
The live price of ZENZEC today is $357.85, with a current market cap of $535.760K. The 24-hour trading volume is 8K. The price of ZENZEC to USD is updated in real time.
Before deciding whether to buy or sell ZENZEC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ZENZEC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ZENZEC.
How much will ZENZEC be worth tomorrow, next week, or next month in ? What about your ZENZEC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ZENZEC Price Prediction
To learn more about ZENZEC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
solana | CxyhGV...UXD3i6  | 770.6702 | 51.48% |
solana | ethb8R...NzcP6r | 317.4534 | 21.2% |
solana | HUV8ja...dJ4dvh | 103.0173 | 6.88% |
solana | AF7rxo...9xzzu3 | 71.41892 | 4.77% |
solana | 3pss9Y...PPLTVr | 40.61347 | 2.71% |
Other | 193.9916 | 12.96% |
zenZEC is a 1:1 backed, Solana-native version of Zcash (ZEC). As a wrapped asset, it allows users to transfer the value of their ZEC into the Solana ecosystem. This enables the use of Zcash for decentralized finance activities such as trading, lending, and providing liquidity while maintaining the value of the underlying ZEC. It acts as a bridge between the native Zcash network and the high-speed Solana blockchain.
zenZEC is issued by Zenrock using their Decentralized Custody Token (DCT) standard. The project utilizes technology derived from the Zenrock ecosystem to provide secure, cross-chain functionality. It is supported by prominent institutional investors and venture firms specializing in blockchain infrastructure, focusing on delivering decentralized custody solutions that meet institutional standards for security and transparency.
zenZEC utilizes distributed Multi-Party Computation (dMPC) rather than a centralized custody model. In this setup, the private keys for the underlying Zcash are distributed across multiple independent nodes within the Zenrock network. This decentralized approach removes the single point of failure found in traditional wrapped assets managed by a single company, offering a more resilient framework where the 1:1 backing remains verifiable on-chain.
Users can find and trade zenZEC on leading exchange platforms like LBank and various decentralized exchanges within the Solana ecosystem. Because zenZEC is an specialized asset, users should verify the official contract address to avoid fraudulent copies. Additionally, it is important to check available liquidity in trading pools to manage potential slippage when executing larger transactions.
No. While native Zcash is known for its privacy-preserving 'shielded' features, zenZEC is a transparent SPL token on the Solana blockchain. This design ensures compatibility with Solana’s decentralized finance protocols, which require transparent transaction data. It is intended to bring the legacy and value of Zcash to a high-speed ecosystem rather than replicating its specific privacy-shielding mechanics on-chain.
The wrapping process involves depositing native ZEC into a secure vault managed by the Zenrock network. This deposit triggers the minting of an equivalent amount of zenZEC to the user's Solana-compatible wallet. To unwrap, the user initiates a burn transaction of the zenZEC tokens on the Solana network, which then signals the custodial vault to release the corresponding amount of native ZEC back to the user’s Zcash address.
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