Zcash is currently part of the intent stack and is stacked by a nearby protocol. Will this integration raise price demand for ZEC and drive prices to fourth quarter highs?
Zcash was launched on a simple mission: enhance privacy and allows ZEC holders to selectively obscure transactions. For this reason, ZEC has gained traction Following Monero (XMR), it has appeared as one of the reliable privacy coins.
The bad news is that for many years, regulators have been cracking down on privacy coins and ZEC .CWP-Coin-Chart SVG Pass {Stroke width: 0.65! important. }
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I'm on the receiver side. Not only has interactions like Binance listed ZEC, it has declined liquidity, but increasing competition also means that holders want more privacy and don't care much.
Zcash integrates integrations closer to the protocol's intent stack
To adapt, Zcash recently announced a full integration into a close protocol intent stack. The nearby protocol is already one of the top-level crypto AI projects, and the release of Intents Stack breathes new life in this case, in this case, Zcash, while solidifying its role only.
Unstoppable private money fulfills unstoppable liquidity.
It's called gm @zcash – I now live with a close intention.
Native ETH, BTC, SOL, near and swap for native $ ZEC pic.twitter.com/y0k9wy8rey
– Near protocol (@nearprotocol) February 8, 2025
The announcement was made less than 48 hours after that. launch Of the $20 million close to the AI Agent Fund. A close protocol team aims to create an autonomous and verifiable AI bot infrastructure through this initiative.
This integration introduces a new type of transaction, enhancing multi-chine abstraction while ZCASH powers cross-chain swap. Mesh also displays ZCASH profits from AI-powered payment rails.
What does it mean for nearby users and ZEC users?
Users can now exchange ZECs for other top altcoins, such as Bitcoin, Solana, Nia, XRP, and more without paying any fees. this It's a part of everything A nearby protocol is scheduled to be released on Intents Stack.
At the heart of that, the team explained the product As a “decentralized, KYC-free alternative to centralized exchanges.” What you do unlike other decentralized options is that users can benefit from experiences similar to exchanges such as Coinbase or Binance. The difference is that it can be replaced in a private, secure environment.
By leveraging AI-powered bots, users can instantly exchange native assets for zero fees. This advantage makes it suitable for cross-border payments and is perfect for platforms like ZEC. ZEC was to launch a more privacy-friendly Bitcoin-like solution. Zcash does this using zero knowledge proofs.
Nearby protocol users can now exchange blockchain assets zec while Investigating the wider Zcash ecosystem. They may also explore the recently introduced frostits new features It aims to improve efficiency by reducing costs when users approve a transaction.
Will ZEC prices recover in 2025?
Despite this announcement, ZEC prices are under pressure. The coin has dropped more than 50% from its 2024 quarter high and flatline. In particular, ZEC reversed all profits In November 2024, we currently have support for around $30.
(Zecusdt)
Drops below the February low could cause more selling and could push coins up to $16, Or the lowest price of 2024.
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Post-ZCASH (ZEC) and nearby protocols join hands: Does this rejuvenate the crypto OG? It first appeared in 99 Bitcoin.
