As ZEC continues to strengthen in 2026, the supply of ZEC encapsulated on Solana has also risen to record highs. Spot trading, lending, and token pairing activities surrounding this asset have increased simultaneously, making Solana one of the most active on-chain ZEC trading venues at present.

On-chain supply rises to 97,900 coins

Reports show that Solana currently holds 97,942 ZEC on the chain, which is approximately equivalent to 131.9 million US dollars according to the figures mentioned in the text, setting a new historical high for that network. During the same period, the price of ZEC rose to a new high of 1,387 US dollars.

On the native Zcash network, the combinability and scalability of DeFi applications are relatively limited, which has also led to multiple public chains competing for the ZEC transaction entry points on the chain. The article states that BNB Chain currently has a larger ZEC supply scale, but in terms of spot trading volume, Solana has already taken the lead among all chains.

Kamino Launched ZEC Lending Market

In addition to spot trading, lending scenarios targeting ZEC have also emerged on Solana. Recently, Kamino has collaborated with Allez Labs to launch a Zcash credit market, allowing holders to borrow money by using ZEC as collateral.

Since its launch, this market has attracted over 1,510 ZEC, with a value of over 2 million US dollars according to the data in the text. Although the scale is still not large, this indicates that holders of ZEC have begun to access financial instruments that are less common in the native Zcash network on Solana.

• Solana On-chain ZEC Supply: 97,942 pieces
• The corresponding valuation in the text is approximately $131.9 million.
• Kamino Market deposit: over 1,510 ZEC

ZCAT drives the distribution and activity of ZEC.

The article also mentions that the memecoin project and ZCAT are among the important factors that have recently promoted the spread of ZEC within the Solana ecosystem. This token was launched through Stonk and is directly traded in pair with ZEC.

Since its launch, ZCAT has distributed over $8.2 million in ZEC to its holders, with a total of approximately 6,100 ZEC issued, covering tens of thousands of wallet addresses. Reports suggest that this pairing mechanism has boosted the trading activity in the ZEC market on Solana, and has also created a more direct liquidity link between memecoin narratives and traditional crypto assets.