Jakarta, Pintu News – This weekend, the privacy-focused cryptocurrency sector recorded a significant milestone with a combined market capitalization exceeding $10 billion. This rise was led by two major assets: Monero (XMR) and Zcash , each of which experienced significant price spikes in recent days.
Monero and Zcash Price Spike
Monero (XMR) has recorded a price increase of 21.1% in the last seven days, with a market capitalization of around $7.57 billion. Meanwhile, Zcash (ZEC) experienced a 30.1% price surge in the same period, with a market capitalization of around $1.26 billion.
This rise indicates growing interest in privacy coins amid concerns about privacy and data security in digital transactions. Nonetheless, price volatility remains a concern for investors and market watchers.
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Privacy Technology Behind Monero and ZcashForkast News
Monero uses technologies such as ring signatures, stealth addresses, and Ring Confidential Transactions (RingCT) to hide transaction information, including the identity of the sender and receiver and the amount of the transaction. This approach makes Monero one of the most anonymous cryptocurrencies on the market.
Zcash, on the other hand, offers the option of protected transactions using Zero-Knowledge Proofs technology, allowing verification of transactions without revealing sensitive information. This feature gives users the flexibility to choose the desired level of privacy in each transaction.
Regulations and Challenges for Privacy Coins
Despite offering a high level of privacy, coins like Monero and Zcash face regulatory challenges in various jurisdictions. Some countries have banned or restricted the trading of privacy coins due to concerns about potential misuse for illegal activities.
Strict regulations may affect the liquidity and adoption of privacy coins in the global market. However, the community and developers are constantly working to improve transparency and compliance without compromising the privacy principles on which these cryptocurrencies are based.
Future Prospects of Privacy Coins
With the increasing awareness of the importance of privacy in digital transactions, the demand for privacy coins is expected to continue to grow. Technological innovation and regulatory adaptation could play a significant role in determining the future direction of Monero, Zcash and other privacy coins.
Investors and users are advised to stay abreast of regulatory and technological developments in this sector, and to conduct due diligence before investing or using privacy coins in their transactions.
Also Read: XRP Ledger Activity Decline Reaches 90%: What’s the Impact?
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Bitcoin.com. Monero and Zcash Light up the Charts as Privacy Coins Quietly Hit $10B. Accessed May 26, 2025.
- Featured Image: CoinSpeaker