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Crypto

Zcash Leads Rally as Privacy Coins Surge Past Broader Crypto Market

Guavy AI Editorial Team
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ZEC
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The crypto market has shown signs of recovery this month, but privacy-focused coins have staged a distinct rally.

Zcash has seen robust inflows and institutional interest, with its network computing power increasing from about 25 GigaSolutions per second in late August to over 30 GigaSolutions per second.

The Grayscale Zcash ETF brought net inflows of $34.4 million by September 4, during which time the ZEC token rose above $1,000.

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