ZCash (ZEC) Market Enters Euphoria Stage Amid Price Surge

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Derived from NewsBTC, ZCash (ZEC) has seen a significant price increase in recent weeks, breaking into the top-20 largest cryptocurrencies by market cap. On-chain data from Alphractal CEO Joao Wedson suggests the ZEC market may be entering a euphoria stage, driven by rising miner profitability and hash rate. The Puell Multiple for ZCash has hit an all-time high, indicating strong miner profitability, while the hash rate is rapidly increasing, signaling growing network activity. As of November 7, 2025, ZCash's price is around $714, reflecting a 30% rise in the past 24 hours and a 1,500% increase over the past year.

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