Zcash Fees Surge, Surpassing Ethereum and Solana in November
The post Zcash Fees Surge, Surpassing Ethereum and Solana in November appeared on BitcoinEthereumNews.com.
In a sharp shift in market dynamics, Zcash fees surged as on-chain activity and speculative trading drove the privacy coin to the top tier of revenue-generating networks. How did ZCash overtake Ethereum and Solana on fees generation? ZCash (ZEC) emerged as one of the most active crypto assets over the past 30 days, both on exchanges and on-chain. During this period, the ZCash network generated $47.5M in fees, surpassing Ethereum and Solana despite lacking a rich ecosystem of decentralized apps. Moreover, this spike in revenues coincided with an aggressive price rally and a rush of speculative interest. The chain’s heightened usage pushed it ahead of Solana and Ethereum in terms of fee production, ranking it directly behind TRON as the second-biggest network by fees over the past month. That said, the record arrived even as additional ZEC volume flowed through its Solana-based DeFi representation, which is traded on decentralized exchanges and contributed further liquidity. Part of the activity was tied to the Orchard privacy pool, where near-record transfers were recorded for bridging and moving ZEC into its shielded form. However, despite the impressive metrics, questions remain over the sustainability of this surge and the underlying motivations of large holders. When did ZCash reach peak on-chain and transaction activity? The latest rally in ZEC prices matched the highest level of on-chain activity in the network’s history. ZCash transactions peaked in November as the coin spiked above $700, marking its strongest showing since 2018. According to Bitinfocharts, daily transactions hit more than 73K on November 13, before cooling to a higher baseline than in previous years. Previously, the network had seen almost negligible transaction counts, even as some advocates claimed ZEC could one day displace BTC as a payments asset. Moreover, the renewed activity was not limited to the mainnet. Usage also…
Filed under: News - @ November 24, 2025 11:27 pm