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[Token Analysis] "Zcash (ZEC), once thought to be doomed, makes a comeback"... Fees closely chasing Tron at its heels, 'narrative' triumphs over the market
Just two weeks ago, TokenPost reported that the entire Zcash (ZEC) development team (ECC) had resigned, diagnosing that ZEC was facing a crisis of losing technical value and becoming a 'privacy Meme'. Subsequently, on the 19th, it focused on the explosive 'comeback' of privacy coins like Monero and Dash, which stood out in a sluggish market.
However, today, these two trends intertwine, giving rise to an unforeseen shocking data point: Zcash, once regarded as a 'Meme', has surpassed Ethereum and Solana, recording the second highest fee revenue among all Layer 1 (L1) networks.
◇ The arrival of 'Zcash', which threatens the 'solo dance' status of Tron
However, today, these two trends intertwine, giving rise to an unforeseen shocking data point: Zcash, once regarded as a 'Meme', has surpassed Ethereum and Solana, recording the second highest fee revenue among all Layer 1 (L1) networks.
◇ The arrival of 'Zcash', which threatens the 'solo dance' status of Tron
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ZEC
366.88
-7.11%
TRX
0.295
+0.82%