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Public · Published
How Zcash and NEAR Are Driving This Crypto Bull Run
Zcash and NEAR both rose sharply this week. Illia Polosukhin and Mert Mumtaz said privacy is the reason. The article asks whether this shows the Bitcoin DeFi vision coming true.
Published:
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What happened
Zcash and NEAR both rose sharply this week. Illia Polosukhin and Mert Mumtaz said privacy is the reason. The article asks whether this shows the Bitcoin DeFi vision coming true.
Confirmed
Global impact / market context
If privacy is driving demand for Zcash and NEAR, investors may shift money toward coins offering private transactions. That can lift their prices, trading fees, and developer activity, while pulling attention and capital away from tokens without privacy features.
Analyst inference
The article links this week's crypto rally to privacy coins and asks if Bitcoin DeFi is arriving. For beginners, DeFi means financial services run on blockchains without banks. This suggests investors are betting on privacy and Bitcoin-linked apps as the next growth areas.
Analyst inference
What to watch
- Watch whether Zcash and NEAR keep rising next week, since the article says both are ripping this week and names privacy as the stated reason from Polosukhin and Mumtaz. Confirmed
- Watch for more builders and users adopting privacy features on Zcash and NEAR, which would test whether the article's Bitcoin DeFi question turns into real products and activity. Proposed
- Watch Bitcoin's price and DeFi activity, because if Bitcoin DeFi grows, demand for privacy tools on related chains could rise and change how investors spread money across crypto assets. Analyst inference
Affected assets
- BTC — Bitcoin
- NEAR — NEAR Protocol
- ZEC — Zcash