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Orbeon Protocol (ORBN) has become the talk of the town, emerging as the clear winner among investors over Zcash (ZEC) and Aave (AAVE). Let’s learn more about these cryptocurrencies in this article.
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Zcash (ZEC) aims to offer the global community privacy, security, and fungibility. As a privacy-centric digital currency, Zcash (ZEC) utilises zk-SNARKs to safeguard transaction information and ensure user anonymity. In contrast to Bitcoin (BTC), which displays transaction details on the blockchain, Zcash (ZEC) conceals such data.
Zcash (ZEC) has gained traction among privacy-oriented cryptocurrency traders and individuals seeking to enter the market. However, its adoption has encountered challenges lately, as institutional investors have shown limited interest in Zcash (ZEC). As Zcash's (ZEC) performance has declined, some investors are exploring Orbeon Protocol (ORBN) as a promising substitute for this privacy-centric digital asset.
Zcash's (ZEC) current price is $46.86, and its 24-hour trading volume is $95 million. Zcash (ZEC) has increased by 0.51% during the past 24 hours.
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In 2022, Aave (AAVE), the top decentralized borrowing and lending platform, experienced a daily user average of 4,000. However, recent data from DappRadar indicates a decrease in user activity on the Aave (AAVE) platform this year. DappRadar reveals a 31% decline in the number of unique active wallets (UAW) that interact with or perform a transaction on Aave (AAVE), in the past 30 days.
This trend was corroborated by Token Terminal's data, which indicates that Aave's (AAVE) daily user
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