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Chainlink (LINK) was also a top performer, rising 4% from Tuesday.
Nov 12, 2025, 2:25 p.m.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3414.21, up 2.3% (+76.18) since 4 p.m. ET on Tuesday.
Nineteen of 20 assets are trading higher.
Leaders: BCH (+4.1%) and LINK (+4.0%).
Laggards: UNI (-2.5%) and DOT (+0.1%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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A deep dive into Zcash's zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.
What to know:
In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network:
- Shielded adoption surged, with 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.
- The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.
- Project Tachyon, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second.
- Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.
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Internet Computer (ICP) fell 5.8% and NEAR Protocol (NEAR) dropped 5.9%, leading the index lower.
