ZEC Revival Shocks the Market ⚡ — Can This Momentum Carry It
koinmilyoner
Updated at: 2 hours ago
{"content":"ZEC Revival Shocks the Market ⚡ — Can This Momentum Carry It to $1,000?
After rising over 1,270% year-over-year, Zcash (ZEC) entered the top 20 cryptocurrencies.
Related Reading: Cathie Wood Lowers Her 2030 Bitcoin Prediction to $1.2 Million—Why?
The market worth of Zcash is above $10 billion, and its price rose above $650 for the first time since 2018. According to CoinGecko, Binance, Hyperliquid, and Bybit have good liquidity with daily trading volume of $1.88 billion.
Due to financial monitoring concerns, privacy-preserving solutions are gaining popularity. Investor trust has been restored by the Electric Coin Company (ECC)'s Project Tachyon enhancements and Zashi wallet adoption.
Advances in privacy narrative and technology drive momentum
Privacy coins' increased popularity reflects a market change. Shielded transactions supported by zk-SNARKs currently make well over 30% of Zcash's circulating supply, limiting liquid float and stabilizing prices.
ZEC now has over 16,000 wallets interacting with tokenized versions on Solana and BNB Chain in DeFi ecosystems.
Famous figures like Naval Ravikant and Arthur Hayes have called Zcash “the missing piece for Bitcoin” in the privacy revolution.
The Zcash Foundation claims the spike is user demand, not speculation. Futures data supports this notion, with balanced long-short ratios around 1.1 showing organic purchasing activity rather than undue leverage.
Zcash's next aim is being debated amid its price surge. Technical charts show strong support between $500 and $520 and resistance between $580–$600.
CoinGlass and Galaxy Digital analysts expect a prudent $650–$750 range, with an enthusiastic $1,000 if momentum continues.
The optimistic thesis relies on the privacy story, institutional engagement, and ZEC's scarcity mechanism, which mirrors Bitcoin's 21 million coins. Overbought circumstances and regulatory headwinds might cause short-term pullbacks, traders warn.
#zcash #PrivacyCoinSurge #ProjectCrypto $ZEC ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/08/87bec08bac9a434c87bace2a5ea2a658.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}