In the fast-paced world of blockchain, privacy coins are making a comeback, and Solana is right at the center of it. A recent tweet from Dan Smith, data analyst at Blockworks, highlights a significant uptick in spot trading volume for wrapped ZEC products on the Solana network. Shared on November 2, 2025, the post reveals that daily volumes have crossed the $12 million mark, a notable jump in just a few days. You can check out the original tweet for the full details.

What's Behind the Surge in Wrapped ZEC on Solana?

ZEC, short for Zcash, is a well-known privacy coin that uses advanced cryptography to shield transaction details. Wrapped ZEC is essentially a tokenized version of Zcash that lives on other blockchains like Solana, allowing users to trade and use it within Solana's ecosystem without leaving the network. This wrapping process bridges assets from one chain to another, opening up new liquidity pools and trading opportunities.

The chart shared in the tweet, courtesy of Blockworks Research, breaks down the volume across popular Solana DEXs like Meteora, Humidifi, Raydium, Orca, and PancakeSwap. Starting from modest levels around October 16, the volumes ramped up dramatically by late October and into November. On November 1, the total hit over $12 million, with Meteora dominating the stack in recent days. This isn't just random noise—it's a clear signal that interest in privacy-enhanced assets is heating up.

Why Privacy Matters in the Meme Token World

At Meme Insider, we're all about meme tokens, but privacy plays a bigger role than you might think. Meme coins often thrive on hype, community, and viral moments, but as the space matures, users are seeking more secure ways to transact without exposing their wallets to prying eyes. Wrapped ZEC on Solana could pave the way for privacy features in meme token projects, like anonymous swaps or shielded liquidity pools. Imagine launching a meme token with built-in privacy— it could attract a whole new crowd wary of on-chain surveillance.

This surge aligns with broader trends in DeFi, where privacy narratives are gaining traction again. Replies to the tweet echo this sentiment, with users noting the potential for wrapped assets and questioning the liquidity sources. One commenter pointed out it's "kinda big for wrapped assets," while others speculated on the privacy revival in Solana DeFi.

Implications for Solana and Beyond

Solana's high-speed, low-cost environment makes it ideal for trading volatile assets like wrapped privacy coins. This volume boost could draw more developers to build privacy tools on Solana, potentially integrating with meme token platforms. For blockchain practitioners, it's a reminder to keep an eye on cross-chain assets—they're not just bridges; they're gateways to new markets.

If you're diving into Solana DeFi or exploring meme tokens with a privacy twist, this development is worth watching. It shows how established coins like ZEC can find new life on faster networks, blending old-school privacy with modern scalability.

Stay tuned to Meme Insider for more updates on meme tokens, blockchain tech, and the latest in DeFi. Whether you're a trader, builder, or just curious, we've got the insights to keep you ahead.