Zcash (ZEC), the largest privacy-centric cryptocurrency, has outshined its competitors in growth rates despite not catching mainstream attention from retail users. According to Delphi Digital data, interest in ZEC’s price on Google Searches lags behind similar metrics for XRP and Solana. Despite this, ZEC has captured nearly all the upside with a 10x move from lows, while other privacy tokens lag behind.
In contrast, Solana and XRP are stagnating, with Solana’s price losing 28.16% in one month and XRP down by 7.71%. However, both XRP and Solana are more popular on Google than ZEC, which may indicate a difference in their retail appeal. The data suggests that ZEC’s rally is mostly driven by whales and large holders, rather than the general public.
Zcash (ZEC) has experienced significant price growth in recent months, jumping 20x from $35 to over $700 in just three months. Its price hit a local high at $718, close to a nine-year record, but still remains 90% down from its ATH.
Source: https://www.tradingview.com/news/u_today:56fd7e455094b:0-behind-xrp-solana-zec-rally-has-nothing-to-do-with-retail-data-says