Zcash supply on Solana hits a record 103,000 ZEC

Bridged Zcash on Solana is worth about $124 million as holder counts jump and Solana dominates ZEC trading on decentralized exchanges Zcash has a new favorite place to hang out, and it isn’t the Zcash blockchain. The supply of ZEC bridged to Solana reached a record 103,000 tokens, worth $124 million. That makes it the largest pool of Zcash ever parked on Solana. The catch is a little ironic. The version of ZEC living on Solana doesn’t come with the privacy features that made Zcash famous in the first place. Most of the ZEC on Solana arrives through NEAR ’s OmniBridge. Think of a bridge as a currency exchange booth at an airport: you hand over one form of an asset and receive a version you can spend somewhere else.

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