#binance #hype #zec #near
07/11/25 07:06 UTC-04

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

Cryptocurrency Cryptocurrency
Cryptocurrency 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).

The privacy coin Zcash was launched nine years ago, in October 2016. It is mined in a manner similar to Bitcoin, with a maximum supply of 21 million coins. Currently, 16.7 million ZEC have been issued.

ZEC is built on the zk-SNARK protocol, which allows complete anonymity of participants and their transactions. Users can send cryptocurrency directly to each other, and no third party can see who sent what amount to whom. The WikiLeaks website has accepted donations in this cryptocurrency.

As of 08:30 GMT, November 7, ZEC was trading around $626. The market capitalization of Zcash surpassed $10 billion for the first time, placing it 13th among the largest cryptocurrencies on CoinMarketCap. The coin has overtaken not only the most famous privacy cryptocurrency Monero (XMR) but also Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), and the meme coin Shiba Inu (SHIB).

The 24-hour trading volume of ZEC exceeded $1.8 billion, compared to an average of $80–100 million in late summer.

Zcash creator Zooko Wilcox wrote in late October that he doesn’t know why ZEC is rising so fast or whether it will fall again. “But here’s what I do know: the counter-narrative — ‘this is a coordinated pump’ — is just another cynical line from people who can’t believe in something real and good,” Wilcox added.

Bitcoin (BTC) and Ethereum (ETH) have both fallen over the past 24 hours. The leading cryptocurrency trades around $102,000, while Ethereum is priced near $3,300. The total cryptocurrency market capitalization has dropped 1% in 24 hours.

Alongside Zcash, several early-generation cryptocurrencies have also shown strong gains after long downtrends — including Filecoin (FIL), Tezos (XTZ), and Dash (DASH), which rose 59%, 21%, and 11%, respectively, over the past day.

See also: "Top Gainers and Losers in the Crypto Market — October 2025"

#Zcash #record #Price Increase

Editor: Yulia Krasnaya
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