en.bitcoinsistemi.com
Zcash has entered one of its strongest rallies in years. After spending much of 2024 below $50, the privacy-focused cryptocurrency exploded to more than $620 in early November — a staggering 1,487% rise over three months. The move has lifted its market capitalization beyond $10 billion, solidifying $ZEC’s comeback among the top altcoins by size.
According to CoinCodex’s Zcash price data, the rally began quietly in mid-August before accelerating sharply in October. Momentum has since gone parabolic, with daily trading volumes surpassing $5 billion as traders pile into what many see as the most compelling privacy-coin resurgence since 2021.
$ZEC leads the privacy-coin resurgence
Analysts attribute Zcash’s sudden rise to a mix of renewed institutional attention and a broader revival in privacy-oriented crypto projects. Comments from industry figures like Arthur Hayes, who recently described privacy coins as “the next major rotation”, have reignited interest in legacy projects such as $ZEC and Monero.
The timing aligns with a growing market narrative around user sovereignty and financial privacy. With regulatory debates heating up, investors appear to be hedging exposure to assets that can function outside centralized oversight. $ZEC’s unique shielded-transaction model gives it an edge in that narrative.
Technical momentum and on-chain strength
From a market-structure perspective, $ZEC has completed what analysts call a “compressed accumulation breakout.” The daily chart shows a clean parabolic pattern, with higher highs forming consistently since early September. Trading volumes have spiked across major exchanges, confirming strong participation behind the move.
On-chain data adds another layer of confirmation: active addresses and wallet inflows have risen sharply, while supply on exchanges has declined — typically a sign of long-term accumulation.
Forecast: room for more upside, but volatility ahead
The Zcash price prediction model from CoinCodex projects that $ZEC could extend its rally into early 2026. By February 5, 2026, the forecast places $ZEC between $621 and $1,016, with an average target near $986 — roughly a 63.5% upside from current levels.
Breaking down the next few months:
- November 2025: Average price near $713, with highs up to $878.
- December 2025: Gradual climb toward $946 average and $979 peak.
- January 2026: Predicted range of $940 to $1,018 as $ZEC approaches four-figure territory.
Despite these bullish projections, traders caution that the speed of the ascent leaves $ZEC vulnerable to sharp retracements. A sustained move below $500 could trigger profit-taking, while maintaining support above $600 would strengthen the case for a continued rally.
Market sentiment and long-term outlook
Sentiment across crypto communities remains broadly optimistic. Zcash’s fundamentals — low circulating supply, a proven privacy framework, and historical resilience — are fueling renewed conviction that the coin could reclaim a permanent spot among major Layer-1 assets.
Institutional products such as the Grayscale Zcash Trust are also seeing renewed activity, a signal that larger investors may be rotating back into niche, undervalued sectors. Should this trend hold, $ZEC’s market cap could challenge mid-tier players like Avalanche or Tron within the next year.
The bottom line
Zcash’s 10× rally from $50 to $600 marks one of 2025’s most dramatic price surges. With its market cap now above $10 billion and forecasts calling for further upside into 2026, the project’s comeback underscores growing confidence in privacy-focused crypto.
While short-term volatility is likely, the broader trend points toward a re-rating of $ZEC’s long-term value — signaling that one of crypto’s original privacy coins is not just back in the conversation, but leading it once again.