Zcash Surpasses $8M in ZEC Distributions to Solana Holders via ZCAT
Zcash (ZEC)
Editor:
Eugene Serbin
1millionbacklinks.com reported that Zcash has surpassed $8M in ZEC distributions to Solana holders through the ZCAT memecoin. This distribution highlights the potential for memecoins to drive significant value transfer. However, the sustainability of this model remains uncertain.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 18 September 2026. Not the outlet's figures.
Zcash is trading at $1,466.84 with a spot volume of $681,667,708 over the last 24 hours. The 1-hour buy ratio is 65.5%, which is significantly higher than the 24-hour ratio of 51.2%, indicating that buying pressure is building in the short term. The 4-hour buy ratio stands at 57.5%, also showing stronger recent demand compared to the daily average. Volume delta is positive across all timeframes, with +$10,604,577 in the last hour and +$14,976,509 over 24 hours. This means that buy volume has exceeded sell volume, contributing to a cumulative volume delta of +$20,214,772 by the 24-hour close.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.1%, with net buying occurring on 5 of the 7 days. The latest day's buy ratio was 51.2%, just 0.1 points above the weekly average. Volume was 2.01x the average, marking an unusual level of activity compared to the typical daily volume. Price increased by 35.8% over the 8-day period, with a total volume delta of +$87,435,190.