Encifher Restores Zcash Privacy on Solana as ZEC Price Triples in October
Zcash (ZEC) has surged more than 380% this month, climbing to $375, as demand for privacy assets returns and cross-chain integrations expand the coin’s reach beyond its native network.
ZEC Arrives on Solana
On October 16, Solana, the world’s second-largest smart contract blockchain, launched wrapped ZEC through the Zolana bridge. The integration allows Zcash to circulate as SPL tokens within Solana’s DeFi ecosystem.
However, these wrapped tokens — though backed 1:1 by native ZEC — lack Zcash’s defining feature: privacy. Transactions and balances remain visible on-chain, offering speed and interoperability but sacrificing confidentiality.
Encifher’s Solution: Encrypted ZEC (eZEC)
To solve that, Encifher has introduced eZEC, an encrypted version of ZEC that restores end-to-end privacy on Solana. Built with fully homomorphic encryption (FHE), Encifher enables users to send, store, and swap assets privately — without revealing transaction details to the public ledger.
“To truly make ZEC private on Solana, it should be rewrapped into encrypted assets like eZEC — where balances and transfers are hidden yet compatible with DeFi,” the team said via @Encrypto.trade on X.
Encifher employs threshold ElGamal encryption combined with zero-knowledge proofs to verify transactions while keeping sensitive data hidden. Encrypted balances are stored off-chain in a data availability layer, while Solana handles cryptographic references that maintain privacy without compromising network performance.
Each transaction also uses one-time ephemeral accounts, preventing address reuse and making on-chain tracking virtually impossible.
Private Trading on Jupiter
Encifher’s encrypted asset layer is already live on Jupiter, Solana’s leading decentralized exchange, allowing users to trade encrypted tokens with full privacy while retaining DeFi composability.
ZEC’s Surge and Market Catalysts
ZEC’s rally this month coincides with three major developments: the upcoming ZEC halving, the launch of the Grayscale ZEC Trust, and a new listing on Hyperliquid. Together, they’ve reignited investor interest in Zcash and its original mission — enabling financial privacy on open networks.
By combining Zcash’s zero-knowledge privacy architecture with Solana’s high-speed infrastructure, Encifher brings the best of both ecosystems — privacy and performance — into one seamless experience.
