#binance #hype #zec #near
06/11/25 10:03 UTC-04

Zcash Price Surpasses $500

Cryptocurrency Cryptocurrency
Cryptocurrency Zcash Price Surpasses $500

Over the past 24 hours, the cryptocurrency Zcash (ZEC) has surged by 20.6%. As of writing, ZEC is trading around $520, marking its highest level since 2018.


Hourly chart of ZEC/USDT on Binance. Source: TradingView.

The market capitalization of the privacy coin has reached $8.5 billion.
Zcash has climbed to 26th place among the largest cryptocurrencies by market cap, overtaking Monero, Litecoin, Avalanche, Hedera, and Sui.


Source: CoinGecko.

Amid the new multi-year high, BitMEX founder Arthur Hayes predicted that ZEC’s rally could continue to $1,000.

“Choo Choo bitches.
Next stop $ZEC = $1k.
I hope all my haters keep shorting.”
— Arthur Hayes (@CryptoHayes), November 6, 2025

Previously, Hayes had forecast that ZEC could eventually reach $10,000.

Privacy Is in Trend

Privacy-oriented crypto assets have benefited from increasing demand for financial anonymity amid tightening regulations worldwide.
In particular, starting in 2027, the EU’s new AML rules will ban anonymous crypto accounts and the use of private coins such as ZEC and XMR.

The market capitalization of the privacy sector has grown to $26 billion, rising 5.8% in the past 24 hours alone.

Zcash has been the main beneficiary, but other coins also showed impressive gains:

  • Dash jumped more than 124% in the past week,
  • Decred soared by 150%,
  • Horizen and Railgun rose 46% and 42%, respectively.


Top 10 largest privacy coins. Source: CoinGecko.

The strong performance of privacy coins stands out against the broader market weakness.
On November 5, Bitcoin fell below $100,000 for the first time since June, while Ethereum dropped below $3,000.

The volume of shielded Zcash transactions also set a new record of 4.96 million ZEC, according to ZecHub — accounting for over 30% of total supply.

CoinDesk Research noted that over one-third of all crypto transactions now occur within private layers.
Analysts highlighted that users are increasingly moving coins from public blockchains into encrypted environments.

Previously, Galaxy Digital expert Will Owens called Zcash “the spiritual successor to Bitcoin”, saying that the hype around ZEC marks a return to the original cypherpunk ethos.

See also: "XRP Could “Go Down the Drain” Due to Massive Token Selling on DEX"

#Price Increase #Zcash #record

Editor: Pereyidenko Ihor
Comments

Similar

07/11/25 07:06 UTC-04

Zcash Cryptocurrency Rises 1,400% Since Early Autumn — Who’s Next?

ZEC market capitalization surpasses $10 billion for the first time, placing it 13th among the largest cryptocurrencies. The price of Zcash (ZEC) has reached a new high since January 2018. For the first time in nearly eight years, the coin’s value climbed above $600. Over the past 24 hours, it rose 22%, and since the start of autumn — 1,400% (from $41 to $629).

08/06/26 06:03 UTC-04

ZEC Rises 41.5% After Critical Network Vulnerability

Zcash Open Development Lab (ZODL) founder Josh Swihart reported that a critical vulnerability in the Orchard shielded pool had been fixed. Against this backdrop, the asset’s price began to recover after a major decline.

07/05/26 08:32 UTC-04

Zcash Could Rise to $800 After Major Hedge Fund Bet on ZEC

Zcash continues to receive support from several directions at once: a listing on Robinhood, easing tensions between the United States and Iran, and a reduction in the available supply of ZEC are fueling interest in the coin. Over the past month, Zcash has significantly outperformed the broader crypto market. The coin gained more than 125%, while most cryptocurrencies rose by an average of around 15% during the same period.