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Blockchain News

Zcash Now Ranks Second Among All Blockchain in 30 Days Fees 

Zcash generated over $112.6 million in the past 30 days, trailing only behind Tron’s $204.8 million in Layer 1 blockchain segment.

Written By:
Gopal Solanky

Reviewed By:
Divya Mistry

Last updated: February 18, 2026 4:30 PM
Published February 18, 2026 1:54 PM
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Last updated: February 18, 2026 4:30 PM
Published February 18, 2026 1:54 PM
Zcash Now Ranks Second Among All Blockchain in 30 Days Fees

Key Highlights

  • Zcash generated $112.6 million, trailing only Tron ($204.8M) among Layer 1s and ranking fourth overall. It leapfrogged Avalanche, Polygon, Bitcoin, Solana, and Ethereum from near-zero visibility in September 2025.
  • Daily transactions on Zcash hit an all-time high of 73.8K in November 2025, with the surge tied to late-2025 privacy debates, Zooko Wilcox appearances, zk-SNARKs adoption, and users choosing Zcash over Monero for selective privacy. 
  • The U.S. SEC closing its Zcash investigation in January 2026 with no action, further fueled interest in the network.

Zcash, the privacy focused blockchain network, is now ranking second among all blockchain in 30 days fees. The shift follows renewed interest in Zcash’s on-chain activity, largely occurring after recent debates around privacy in crypto from late 2025.  

As per TokenTerminal data, the network has generated over $112.6 million in the past 30 days, trailing only behind Tron’s $204.8 million in Layer 1 blockchain segment, and overall at the fourth position among all crypto projects. 

Daily sum for top chains in blockchain (L1) for the last 30 days, Source- TokenTerminal
Source: TokenTerminal

Zcash was nowhere to be found in September 2025 charts but it swiftly overtook a number of prominent blockchain like Avalanche, Polygon, and even Bitcoin. Alongside the jump in fees, Zcash also witnessed stark spikes in ZEC transactions volume, gaining an edge over its closest competitor Monero. 

Behind Tron and Zcash, Solana and Ethereum positioned themselves at third and fourth place, generating $26.9 million and $19.2 million in fees, respectively. Overall, Tron has continuously dominated the chart, with the majority of transactions volume and fees coming through USDT transfers.

Surge in Zcash’s popularity

Onchain data, tracked by BitInfoChats, further reveals that Zcash witnessed a significant surge in its transaction volumes from October 2025. It peaked at 73.826K in November 2025, which is decent compared to other popular blockchain networks like Ethereum, Tron, or Solana, but highest in the history of the network itself. 

Zcash’s resurgence is not just about raw numbers, it’s also tied to a broader pushback against creeping surveillance in crypto. Late 2025 saw heated debates kick off around privacy tools, from regulatory roundtables featuring Zcash Founder Zooko Wilcox to prominent voices questioning Bitcoin’s transparency in the face of advanced chain analysis. 

At the time, a number of high-profile figures and institutions started openly eyeing privacy coins as a hedge, especially as concerns grew over traceable ledgers clashing with real financial confidentiality needs. 

This narrative shift lit the fuse and Zcash went from off the radar to drawing serious capital inflows. Its shielded pool adoption climbed steadily and users rotated into ZEC for its zk-SNARKs edge over competitors like Monero in selective transparency. 

This explosion, essentially reflecting the surge in fees, led to ZEC demand as people started paying up to use the privacy features. Moreover, the U.S. SEC ending its probe on Zcash in January 2026 further fueled the interest in the network. All these developments collectively pushed Zcash ahead of chains with far bigger ecosystems. 

At the time of publishing, ZEC trades near $290, up nearly 28% in the past seven days. Although the legacy cryptocurrency is still down 95% from its all-time high of $5,941—marked nine years ago on October 29, 2016—as per CoinMarketCap data. 

Also read: RLUSD Enters CoinMarketCap’s Top 50 as Binance Opens XRPL Deposits 

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.
Divya Mistry - Content Editor at The Crypto Times
By Divya Mistry
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Divya Mistry is a Content Editor with over 9 years of experience in news, PR, marketing, and research. Armed with a Master’s Degree in English Literature from the University of Mumbai, she specializes in crafting and refining long-form content across digital and print platforms. Over the years, Divya has contributed to and shaped content for leading brands across a range of industries, including real estate, healthcare, vertical transport, entertainment, lifestyle, education, EdTech, tech, and finance. Her research work has been featured on platforms like DNA India, Forbes, and Elevator World India. She now brings her editorial and research skills to explore the rapidly evolving world of cryptocurrency.

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