⚡️ Insight: Zcash founder Zooko stated that the supply of ZEC can be verified today, exactly 16,848,458, thus alleviating concerns about hidden inflation.
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CoinMarketCap
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Breaking news: 🔒 Three teams of cryptographers spent over a month generating more than 2,700 machine-verified theorems to formally validate Zcash's new shield pool, Ironwood, and eliminate undetectable forgery vulnerabilities.
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Dash
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Hi @VitalikButerin,
We are organizing Commom S3nse, a conference and hackathon focused on privacy, security, and DeFi. Would you like to join us at our event in Amsterdam during Cypherpunk Week, September 4-5?
@Zcash @zano_project @RAILGUN_Project @logos_network @nym @0xprivacypools have confirmed their participation.
More information
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ARK Invest
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Solana Needs New Momentum: Why I Think It's in a Difficult Position
Solana's core goal, and indeed its entire culture, has always been to create a unified market that operates at the fastest speed, settles trades the fastest, and discovers prices the most promptly.
The problem is that, in the medium to long term, I believe Solana faces challenges in almost every major growth area of cryptocurrency.
Spot Market
Robinhood has begun to erode market share, and Uniswap has successfully regained some as a result. Meanwhile, Solana's liquidity appears to be increasingly fragmented.
While there are proprietary AMMs like BisonFi and Tessera, established exchanges like Raydium and Orca are no longer competitive, and some token charts are abysmal. I know many people were once very optimistic about proprietary AMMs, but even compared to query systems, liquidity-centralized AMMs still account for the vast majority of liquidity, not to mention traditional order books.
Derivatives
This should have been Solana's territory, but Hyperliquid has taken over the entire market.
It's a real shame Drift was hacked, given the significant progress the team had made. Bullet was also expected to be a contender, but I'm not sure about their current situation. Phoenix seems to be the only option right now, but its trading volume is far below that of top exchanges.
In fact, cryptocurrency derivatives trading is currently primarily concentrated on Hype and Lighter.
Solana currently lacks appeal in this area, which is worrying considering the central role derivatives play in its overall trading philosophy.
RWA (Risk-Weighted Assets)
Of the approximately $30 billion in tokenized RWA, only about $1 billion is on Solana, meaning it doesn't even crack the top three.
I think it will be difficult for Solana to pull traditional RWA away from the Ethereum and broader EVM ecosystem. Tokenized stocks, especially derivatives of tokenized stocks, are perhaps the most crucial opportunity for Solana to capitalize on.
But unless Tradexyz makes a major misstep, it's hard to imagine Solana gaining significant market share in the medium term.
Prediction Markets
I think Solana might have an advantage in this area, but as far as I know, there's been no progress at the moment, and all the activity is focused on @Kalshi and @Polymarket.
Launchpad and Memecoins
Even in the Launchpad and memecoin space, @RobinhoodApp boasts a massive user base large enough to eventually crush Solana. In fact, judging by Launchpad trading volume, Solana has already ceded a considerable market share to Robinhood.
Investor Community
From an investor's perspective, the outlook is also uncertain. @multicoin clearly still holds a significant stake in Solana, but @KyleSamani is arguably Solana's most active and powerful advocate. However, as he no longer dominates the company's public relations and investment philosophy as much as before, confidence in Solana seems to have waned.
Multicoin appears to be increasingly aggressive in promoting ZEC, HYPE, and other tokens. This is crucial because Solana has historically benefited from a highly influential crypto fund acting as an external evangelist and think tank.
There are still many investors who align with Solana's philosophy, but it's becoming increasingly unclear who is playing that role and who is building the next major investment around the ecosystem.
In short,
There are still many talented teams in the ecosystem. @Backpack and @armaniferrante are definitely industry leaders. I believe @buffalu__ and the JTX team are building a truly excellent product.
However, @solana seems to have entered a more engineering-oriented phase: improving chain performance, rebuilding parts of the market structure, and finding a new generation of founders.
There are many interesting products with relatively small market shares, but @solana needs a spearhead. A groundbreaking application or vertical that can powerfully bring transaction activity back to the ecosystem.
It may also need a new generation of investors and advocates who can reshape @solana's vision around a grander idea, not just limited to faster block generation times and the success of the previous cycle.
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Crypto Tony
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$ZEC/$USD - Latest News
This dip will be very welcome as it presents a good buying opportunity. This is an untested, strong support area.
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Rekt Capital
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I've released a new altcoin watchlist 🔥
I've shared charts and analysis for 6 altcoins.
These altcoins are $SOL, $ZEC, $WLD, $HYPE, $TIA, and $XLM.
I share similar altcoin watchlists every Wednesday.
Click here to register and read:
#BTC #Crypto #Bitcoin
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Dash
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We've added a protected liquidity pool to the Dash Platform (a fork of Zcash Orchard). Equally robust privacy protection.
Faster sync speeds.
@SamWestrich
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Crypto Tony
07-29 18:36
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$ZEC / $USD - Latest News
Currently, it's advisable to wait for a downward trend before considering going long.
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CoinMarketCap
07-29 05:41
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Breaking news: ⚡ Zcash miner Fortitude has launched its first self-built mining farm in Nebraska, which is expected to help reduce the cost of producing each token from $70 to $40.
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Dash
07-29 01:25
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🎥🇮🇹 @Dashpay integrates Zcash privacy protection. What changes have been made?
🤝 Thanks to @maury_crypto for making this short video.
YouTube direct link is in the first comment 😉👇
$DASH #Dash #Privacy #Transparency #LiveOnDash #LiveOnCrypto #DigitalCash #Web3 #Durable #Cryptocurrency #DAO #Privacy #Freedom #Trustless #Sovereignty #Fundamentals #Citiz3nGlitch #Evolution 🧬