Interest rate hikes often spark innovation in tokenomics. Projects are motivated to shift away from purely speculative inflationary rewards toward real-yield and revenue-sharing mechanisms that remain competitive against traditional yields.
@AshCrypto BitMine keeps making large purchases and staking most of its assets for steady yields. It shows some big institutions and public companies are treating ETH as a long-term balance sheet asset. This kind of buying can provide some support for major coins.
$ZEC just hit $1,000.
Six months ago, ZEC was trading around $200.
Now it briefly crossed $1,000 and pushed its market cap toward $17B.
That's roughly a 5x move.
But the price is only part of the story.
Grayscale's Zcash ETF began trading on August 25.
Since launch, it has recorded roughly $34.4M in net inflows.
And ZEC has continued pushing higher.
There is also another factor worth watching:
More than $34M in ZEC short positions were liquidated during the latest move, adding fuel to the rally.
So what are we actually looking at here?
A privacy-focused asset that spent years outside the institutional
spotlight is suddenly seeing:
ETF access, institutional demand, major price appreciation, and renewed attention around privacy.
That doesn't automatically mean ZEC's move is sustainable.
The ETF flows are still relatively small compared with larger crypto products, and leverage clearly played a role in the latest leg higher.
But the setup is interesting.
Because the market may be starting to put a different value on assets that combine:
A fixed supply, privacy, and regulated market access.
The bigger question isn't whether Zcash can keep going up.
It's whether the ETF era is creating a new pathway for capital to rotate into crypto assets that were previously overlooked.
ZEC may be an early test of that thesis.
Ran Neuner says the L1 war is over, and Solana and Ethereum won it
"L1 war is finished. In other words, I think Solana's won it. Solana and Ethereum have won it."
"When I say Solana and Ethereum won it, Solana's won it, and then Ethereum with Base and Robinhood has basically won it. So the two big onboarding vehicles in crypto, one in crypto, one in real world assets, now playing this."
"I wouldn't really invest in any other L1s, because I just don't think there's any upside in L1s."
NEW: Fidelity says "Bitcoin has held the floor of its power law curve and has now corrected long enough to satisfy the time element of its mild 4- year cycle winter." 👀
Bullish 🚀