The
$XMR /
$ZEC pump caught attention because price moved hard while everything else chopped, but what actually matters is who needs privacy now.
transparent ledgers were fine for retail. they break down fast once RWAs, treasury ops, structured products, and AI agents enter the picture.
→ institutions moving real size onchain can’t operate in a world where every balance, intent, hedge, and unwind is broadcast in real time.
On the coin side, the signals are real:
– Zcash shielded supply went from ~11% to ~30% in one year
– shielded tx activity up ~10x recently, helped by Zashi UX actually makin