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ZCash ($ZEC) is now live with a Solana version. The privacy coin seeks wider adoption, as well as new sources of liquidity, aiming to retain its recent gains.
ZCash ($ZEC) will now trade with a Solana version, available for DEX pairs on Raydium. The expansion of ZCash follows the coin’s recent return to popularity.
Raydium offers a form of Solana-based ZCash, powered by the Near Intents technology. $ZEC owners can also become liquidity providers on Solana’s leading DEX.
$ZEC is live on Solana
You can now trade and LP Zcash on Raydium, powered by Near Intents
Zolana szn pic.twitter.com/1r3CFBtOBO
— Raydium (@RaydiumProtocol) October 16, 2025
The addition of $ZEC as a Solana asset with DEX swaps follows the recent listing of the Zashi wallet among Solana’s apps.
Near Protocol also announced its readiness for bridging $ZEC on Solana, meaning the trading will be based on real tokens, backed by the supply of $ZEC on the main network. $ZEC will go through the newly launched Zolana bridge and exist as a Solana-based token with multiple use cases.
The addition of $ZEC on Raydium also means users will be able to swap multiple asset types into shielded tokens. Then, the token’s privacy will be retained on the Solana network.
$ZEC corrected from the recent price peak
Following the announcements, $ZEC traded at $222.42, sinking from its peak above $280 in the past week. $ZEC still weakened during the most recent crypto market downturn. The current launch on Solana also comes with a premium, as the SOL-based version trades at around $283 based on user reports.
On Raydium, $ZEC trades with around $56.6M in available liquidity. The market is still volatile based on early-stage activity, offering large, but risky, arbitrage opportunities. Whales are still buying and selling $ZEC to boost volumes on Raydium. On Meteora, $ZEC also trades at an unusual price of $153.
The privacy narrative slowed down, as overall assets sank under $12B in total valuation. $XMR is still above $315, and some of the tokens have retained their recent gains.
$ZEC, however, is fighting to become the main privacy asset, despite competition from new coins and tokens. The ZCash project has survived multiple bear markets and has shown its ability to make a return.
ZCash is now getting boosted by Solana influencers as well, while moving some of the supply into Solana’s DeFi space.
$ZEC users keep moving into veiled coins
The Orchard Pool keeps getting filled with more $ZEC, as the coins will be used in their most protected veiled form.
$ZEC is also getting capital inflows, which are turning other assets into private coins. The asset is also becoming integrated into DeFi, a rarity for mined coins. The addition of $ZEC on Solana moves the coin ahead of other privacy coins, including $XMR, DCR, LTC, and others.
In the past week, $ZEC was also added to Drift Protocol for perpetual futures trading with up to 5X leverage.