Yield Basis Raises $195 Million in Legion's First Pre-Sale

- Zcash's 2025 halving reduced block rewards by 50%, cutting annual supply growth and reinforcing its deflationary model. - The event coincided with a 1,172% YTD price surge, driven by institutional adoption like Grayscale's 5% ZEC supply acquisition. - Privacy features (28% shielded transactions) and ZIP 1015's liquidity drain ($337K/day) amplified Zcash's scarcity-driven appeal. - Post-halving volatility saw ZEC peak at $641 before a 96% correction, highlighting liquidity risks despite institutional conf

- Zcash (ZEC) surged 919% in 2025 as privacy coins gained traction amid inflation and surveillance concerns. - Institutional adoption accelerated, with Grayscale's Zcash Trust growing 228% and regulators like the SEC engaging with privacy advocates. - Zcash's hybrid privacy model, combining shielded transactions with compliance-friendly transparency, attracted regulated investors and tech integrations. - Macroeconomic factors like Fed rate cuts and technological upgrades (e.g., ZK proofs) drove ZEC's outpe