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ZEC, XRP and AAVE Outpaced Bitcoin, Which Altcoin Gains Look Most Sustainable?

17h ago
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  • Zcash has now surged past $800 for the first time since 2018 this week.
  • Grayscale has filed to convert its Zcash Trust into a spot ETF on NYSE Arca now.
  • XRP active addresses jumped 654.71 percent, according to onchain data shared.

Bitcoin’s rally past $80,000, up 2.7% over the past day and 24% over the past week, has helped lift the broader crypto market, but three altcoins outpaced it by a wide margin. ZEC, XRP and AAVE each posted double-digit weekly gains driven by distinct, asset-specific catalysts rather than momentum alone.

Zcash Surges on ETF Speculation

Zcash led the pack, climbing past $800 for the first time since 2018 and briefly touching $851, a 38% weekly move. The rally was driven largely by Grayscale’s fourth amendment to its filing to convert the Zcash Trust into a spot ETF on NYSE Arca under the ticker ZCSH, a filing that remains subject to SEC …

Read The Full Article ZEC, XRP and AAVE Outpaced Bitcoin, Which Altcoin Gains Look Most Sustainable? On Coin Edition.

17h ago
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