Zcash (ZEC) just smashed through the $1,000 mark. The coin’s up over 30% this week, breaking into the top 10 cryptocurrencies by market cap. ZEC’s total market value now sits above $17 billion.

Price Surge: ZEC Joins the Top 10

ZEC’s explosive rally has landed it among the biggest crypto assets by market cap. Cracking $1,000 pushed Zcash’s overall valuation past $17 billion, cementing its spot in the top 10.

Futures Market: Liquidations Soar

The wild price action triggered a wave of liquidations in ZEC derivatives. In the past 24 hours alone, total ZEC futures liquidations topped $36 million.