New 5 Privacy Coins That Are Pumping This Week 2025

The price increase follows significant upgrades made by the network’s developer, the Electric Coin Company. At the beginning of the month, the company introduced cross-chain swaps and private payments by integrating with the transaction layer Near Intents.

The integration resulted in a spike in Zcash volume on Near Intents and an expansion of the “shielded pool” — i.e., the collection of encrypted addresses where ZEC is stored.

Bornstein told Cointelegraph on Chain Reaction that “there’s just a powerful narrative, and I think people are just waking up to what Zcash can really accomplish.”

On Oct. 8, the Monero blockchain introduced the Flourine Fermi update to the network, which aims to provide users with greater security against “spy nodes.”

In Monero vernacular, spy nodes are malicious nodes, groups of nodes or botnets that can calculate transactions and match them to addresses on the Monero network.

Related: Monero releases Flourine Fermi update to fight spy nodes

It has also established safety protocols. In late 2024, Monero Research Lab suggested allowing node operators to compile a ban list of suspected spy nodes based on their IP addresses.

ZKsync, an Ethereum layer 2 that uses zero-knowledge (ZK) rollups to process transactions offchain, could soon see major changes to its governance token.

On Tuesday, ZKsync co-creator Alex Gluchowski argued that the network has evolved significantly since the project’s inception, stating that it now hosts several interconnected zero-knowledge chains.

Related: ZKsync creator floats governance token revamp to add ‘economic utility’

Source: CoinTelegraph