Zcash Shield Pool Hits New All-Time High Despite Volatility

[ed]

Zcash’s Shield Pool has reached a new all-time high, surpassing 5 million ZEC—around 30% of the circulating supply—according to data from zkp.baby. The Shield Pool allows users to move funds into shielded addresses for enhanced privacy. Notably, shielded balances remained stable throughout November even as ZEC’s price dropped nearly 60%, signaling strong conviction among holders despite short-term market turbulence.

[cryptohog]

5 mill, guys guess we have a new superstar here

[Capybara_Capybara]

Usage spike > price action.

[The_Walking_Dead]

Shielded growth shows real demand.

[Revenant]

Conviction held through a 60% drop.