Charles Hoskinson's Midnight Surpasses 49,000 Transactions, Outpacing Zcash
Midnight's daily transaction volume has reached 49,229, significantly outperforming Zcash and highlighting growing interest in privacy-focused blockchains.
Midnight's daily transaction volume has reached 49,229, significantly outperforming Zcash and highlighting growing interest in privacy-focused blockchains. Zcash (ZEC) is trading at $1,269.91, up 2.0% since this brief published. This is an original TLT brief based on reporting by CryptoNews, with live market data added, as of Tue, 27 Oct 2026 13:45:03 UTC.
The milestone underscores the rising demand for privacy-centric solutions in the crypto space, positioning Midnight as a potential key player in the privacy race while challenging established networks like Zcash.
- Midnight processed 49,229 transactions in a day, exceeding Zcash's volume by 2.4x.
- Privacy-focused blockchains are gaining traction amid increasing demand for secure transactions.
- Midnight's market cap stands at $656.12M, with Zcash at $21.18B.
- Zcash Plans Quantum-Resistant Privacy Upgrades for ZEC Transactions
- Grayscale Highlights Zcash Mining Rewards Outpacing Bitcoin
- Zcash Launches Ironwood Upgrade to Enhance Shielded Transactions
- Charles Hoskinson's Midnight Surpasses 49,000 Transactions, Outpacing Zcash — this brief
Charles Hoskinson's privacy-focused blockchain, 
Midnight, has reached a significant milestone by processing 49,229 transactions in a single day. This figure surpasses 
Zcash's transaction volume by 2.4 times, showcasing Midnight's growing traction in the privacy-centric blockchain space.
The achievement comes as privacy-focused blockchains are gaining attention due to increasing demand for secure and private transactions. Midnight's performance in this regard positions it as a strong contender in the ongoing privacy race within the crypto market.
Midnight's transaction volume surpasses that of Zcash, which has been a long-standing player in the privacy coin sector. Despite this, Zcash maintains a larger market cap of $21.18 billion compared to Midnight's $656.12 million, indicating a significant gap in overall valuation.
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, while Zcash has seen a 1.62% increase in the same period. Midnight has also experienced a 4.74% rise in its price over the past day.
The development underscores the importance of privacy in the crypto ecosystem and suggests potential for further growth in this sector. Investors and enthusiasts will likely watch Midnight's progress closely to see if it can continue to challenge established players like Zcash.
Since this brief published about 2 hours ago, Zcash (ZEC) has moved from $1,244.94 to $1,269.91 — +2.01%.
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 TLT'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 ≈ ₦1.76M (about $1,269.91), up 3.7% over 24 hours. The naira itself trades about 2.0% above the official rate on the P2P market, so a Nigerian 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Charles Hoskinson's Midnight Surpasses 49,000 Transactio — questions & answers
What is Midnight's current transaction volume?
Midnight has processed 49,229 transactions in a single day.
How does Midnight's transaction volume compare to Zcash's?
Midnight's transaction volume is 2.4 times higher than Zcash's.
What is the market cap of Midnight and Zcash?
Midnight's market cap is $656.12M, while Zcash's is $21.18B.
How much is 1 Zcash worth in naira today?
About ₦1.76M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1,269.91. The naira price moves with both ZEC's US-dollar price and the USDT/NGN rate; use our Zcash in naira page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is up 2.01% since this brief first published — trading at $1,269.91 now versus $1,244.94 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT 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 TLT 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.