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Zcash Market Cap Surpasses Monero, Privacy Coin Landscape May See Power Shift

2025.11.03 21:17:15

On November 3rd, as per the report by CoinDesk, the privacy-focused cryptocurrency Zcash (ZEC) has surpassed the long-standing dominant Monero (XMR) in terms of market capitalization, which might be marking a "changing of the guard" in the privacy coin realm. ZEC's market capitalization exceeded XMR's for the first time last Friday after experiencing a nearly 50% increase in the previous seven days and maintaining its position above its "elder" for several hours. Throughout the weekend, ZEC held onto its lead, with its market capitalization reaching as high as $7.2 billion, while XMR remained around $6.3 billion. Currently, both their market capitalizations are around $6.4 billion. Zcash was launched in 2016, and Monero was born in 2014. The most significant distinction between the two lies in their privacy mechanisms: Zcash employs an "opt-in privacy" model where users can choose between transparent or shielded transactions; Monero encrypts all transactions by default and lacks selectivity. This flexibility makes Zcash more readily accepted by traders and institutions, especially those users who aim to balance privacy and compliance. In contrast, Monero has been delisted from several mainstream exchanges due to anti-money laundering (AML) and know your customer (KYC) concerns.
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