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Reading: Grayscale Files for First Zcash Spot ETF as Privacy Coins Trend
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News

Grayscale Files for First Zcash Spot ETF as Privacy Coins Trend

News Desk
Last updated: November 30, 2025 2:50 pm
News Desk
Published: November 30, 2025
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Interest in privacy coins is surging, with Grayscale making headlines by filing to launch the first Zcash spot ETF in the United States. This initiative follows the successful launches of crypto ETFs centered on assets like XRP, Dogecoin, and Solana, indicating a growing institutional appetite for privacy-focused digital currencies. The Zcash network is further bolstered by a recent update dubbed “NU6.1,” aimed at enhancing its decentralized governance and performance. Following a remarkable increase of 700% throughout 2025, ZEC saw a 26% uptick in November, and the anticipated ETF could catalyze further gains.

In the midst of this market activity, DeepSnitch AI has been the talk of the crypto community after a highly successful presale, which saw its token price soar by 65% to $0.02527. With over $620,000 raised in a record timeframe, investors are eyeing this project for its innovative AI agents capable of synthesizing on-chain data in real time. As it enters the second stage of its presale, DeepSnitch AI is seen as a groundbreaking opportunity, especially in a sector projected to experience 25x growth by 2030. Its staking feature, offering dynamic, uncapped APY, adds to its allure as a potential 100x investment.

Solana, known for its performance volatility, is also showing promise on its weekly chart, indicating a potential price point of $450 by 2026. Despite a 29% drop in November, SOL has rebounded to $140 and is currently stabilizing at its 200-period moving average, marking significant support at $110. Analysts observe a classic cup-and-handle pattern on Solana’s chart, which historically suggests a strong upward movement, fueling optimism for the asset’s future.

Meanwhile, PENGU is redefining its identity beyond being merely a meme coin. The token has announced strategic partnerships with the Kung Fu Panda franchise and NASCAR, integrating its characters into well-known brands. An impending update to its 2026 roadmap, which involves plans for a hybrid NFT/token fund, also positions PENGU as a notable contender in the market. The buzz is amplified by US Congressman William Timmons’ recent choice to adopt a penguin-themed profile picture, thereby raising the token’s profile even further.

In summary, while Zcash and PENGU stand to capitalize on current market trends, the spotlight seems to be shining particularly bright on DeepSnitch AI. Its competitive pricing and the robust trajectory of the AI sector suggest a window of opportunity for investors looking for the next breakout crypto. With the presale closing soon, individuals keen on leveraging this potential should act swiftly to avoid missing out on what many believe could be the next big thing in cryptocurrency.

For ongoing updates, interested parties can visit the official website and follow community channels on platforms like X and Telegram.

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