Midnight Surpasses Zcash in Transactions, Fueling Crypto Privacy Competition
Charles Hoskinson's Midnight network processed nearly 50,000 transactions in a day, outpacing Zcash by 2.4x.
Charles Hoskinson's Midnight network processed nearly 50,000 transactions in a day, outpacing Zcash by 2.4x. Zcash (ZEC) is trading at ₹1,21,275 ($1,272.97), up 2.3% since this brief published. This is an original Token Times brief based on reporting by CryptoNews, with live market data added, as of Tue, 27 Oct 2026 12:45:01 UTC.
This development highlights the intensifying competition in the crypto privacy sector, with Midnight's growing adoption potentially challenging established privacy coins like Zcash.
- Midnight processed 49,229 transactions in a day, exceeding Zcash's volume by 2.4x.
- The network's 24-hour transaction count surpasses established privacy coins.
- Midnight's market cap is $656.12M, while Zcash's is $21.18B.
- Starknet Aims to Enhance Zcash with Programmable Privacy Features
- Zcash Plans Quantum-Resistant Privacy Upgrade for NEAR Swaps
- Valour Introduces Europe's First Zcash ETP for Privacy-Centric Investment
- Zcash Launches Ironwood Upgrade to Enhance Shielded Transactions
- Midnight Surpasses Zcash in Transactions, Fueling Crypto Privacy Competition — this brief
Midnight, a privacy-centric blockchain developed by Charles Hoskinson, has achieved a significant milestone by processing 49,229 transactions in a single day. This figure outpaces 
Zcash, a well-established privacy coin, by 2.4 times, signaling a potential shift in the crypto privacy landscape.
The achievement underscores the increasing competition among privacy-focused cryptocurrencies. While Zcash has been a dominant player in this space, Midnight's rapid transaction growth suggests it is gaining traction among users seeking privacy in their transactions.
Market data provides additional context: Zcash is currently priced at $1244.94 with a 24-hour increase of 1.62%, while Midnight is valued at $0.03950249, having risen by 4.74% in the same period. Despite Midnight's transaction volume success, Zcash's market cap remains substantially larger at $21.18 billion compared to Midnight's $656.12 million.
The broader crypto market remains relatively stable, with a total market cap of $2.74 trillion. 
Bitcoin is down 0.60% in the last 24 hours, and the overall market sentiment is neutral, as indicated by the Fear & Greed index at 48.
This development is significant as it highlights the potential for new entrants to challenge established players in the privacy coin sector. Investors and users will likely watch Midnight's growth trajectory closely to see if it can sustain this momentum and further erode Zcash's dominance.
Since this brief published about 1 hour ago, Zcash (ZEC) has moved from ₹1,18,604.25$1,244.94 to ₹1,21,274.64$1,272.97 — +2.25%.
The chart plots ZEC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ZEC ≈ ₹127,392.47 (about $1,272.97), up 3.0% over 24 hours. The rupee itself trades about 5.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Midnight Surpasses Zcash in Transactions, Fueling Crypto Pri — questions & answers
What is Midnight's transaction volume compared to Zcash?
Midnight processed 49,229 transactions in a day, surpassing Zcash by 2.4 times.
How does Midnight's market cap compare to Zcash's?
Midnight's market cap is $656.12M, while Zcash's is $21.18B.
What is the broader market sentiment?
The overall market sentiment is neutral, with a Fear & Greed index of 48.
How much is 1 Zcash worth in rupee today?
About ₹127,392.47 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,272.97. The rupee price moves with both ZEC's US-dollar price and the USDT/INR rate; use our Zcash in rupee page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is up 2.25% since this brief first published — trading at ₹1,21,275 ($1,272.97) now versus ₹1,18,604 ($1,244.94) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoNews. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.