BlockchainZcash Surges to 8-Year High, Nears $850 as 24-Hour Futures Volume Hits Nearly $10 Billion
Zcash's price touched an eight-year high, nearing $850, but 24-hour futures trading volume during the same period reached almost $10 billion—far outpacing the $1.76 billion in open interest, suggesting this rally is being driven by the derivatives market.