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Zcash Price: ZEC Goes on Lifting ‘Dino’ Sector; Starknet’s STRK Rockets 40%

CoinDesk
Zcash's rally is driving a rotation into older privacy coins, while Starknet's STRK token has surged significantly.

Summary

Zcash (ZEC) is leading a structural rotation into older, 'dino' privacy-focused crypto assets, recently rising nearly 5% to $635 and briefly surpassing Monero in market capitalization. This sector revival includes gains for Dash, Decred, Railgun, and Verge, benefiting from Zcash's optional privacy model which appeals to institutions wary of Monero's regulatory issues. Concurrently, Starknet's STRK token has surged 45% to $0.20, leading Layer 2 gains amid ecosystem acceleration and anticipation of protocol updates. A potential Zcash and Starknet alliance, dubbed 'Ztarknet,' which proposes a private, scalable blockchain using ZEC for fees, is also gaining community support, including from Zcash founder Zooko Wilcox.

(Source:CoinDesk)