Grayscale Zcash trust trading volume doubles, ZEC privacy protection ratio reaches a new high

According to The Block, the daily trading volume of Grayscale Zcash Trust in April was approximately $1.7 million, doubling from the previous month and reaching the highest level since January, but still lower than the trading volume in the last two months of 2025. The supply of ZEC shielding has reached a new high, and the privacy pool Orchard has increased from 1.92 million to 4.55 million ZECs in the past 12 months. Currently, about 30% of the circulating ZECs are in a privacy protected state, the highest proportion in history. The ZEC price has risen by 50% to $320 in the past 30 days, but has fallen by about 35% since the beginning of the year. Grayscale has submitted a registration statement to the SEC, planning to convert Zcash Trust into an ETF.