
Zcash (ZEC), one of the oldest and most recognized privacy coins, has just crossed the $500 mark — its highest price since 2018. According to market data, ZEC is trading around $515, marking a stunning 1,200% gain since September 2025. Its market cap has surged beyond $8 billion, placing it back among the top 20 cryptocurrencies by valuation.
The surge comes at a time when the crypto market is seeing renewed interest in “privacy-preserving” technologies — a trend that runs counter to increasing blockchain transparency and regulatory surveillance. For many traders, ZEC’s price movement signals not just a technical breakout but also a shift in narrative toward privacy assets.
Several factors appear to be fueling this ZEC rally:
Renewed Interest in Privacy Coins: Privacy tokens like ZEC, Monero (XMR), and Dash are experiencing a revival. As on-chain data analysis becomes more sophisticated, traders and investors are looking for ways to protect financial privacy. Zcash’s zero-knowledge proof technology (ZK-SNARKs) makes it stand out as one of the most secure privacy networks.
Technical Breakout After Years of Consolidation: After trading sideways between $30 and $60 for several years, ZEC finally broke through key resistance levels. Technical analysts noted a massive volume spike and a clean break above the $200 and $350 zones — confirming a multi-year bullish reversal.
Institutional Attention and Market Liquidity: Some funds are adding privacy coins to their portfolios as a hedge against regulatory overreach. Products such as Grayscale’s Zcash Trust have also seen renewed interest, boosting liquidity and price momentum.
Speculative Catalysts and Media Hype: A series of social media posts from crypto influencers — including Arthur Hayes — has helped draw attention to ZEC’s comeback story. This sentiment spike has fueled a classic “fear of missing out” (FOMO) cycle in the market.
Arthur Hayes, the co-founder of BitMEX, is known for his controversial but often accurate macro predictions. In a recent post on X (formerly Twitter), he declared:“Choo Choo bitches. Next stop $ZEC \= $1k.”
His tweet immediately went viral, sending ZEC’s price sharply higher within hours. Hayes argues that the world is entering a “post-privacy” era where financial surveillance will be commonplace — and that projects offering on-chain privacy will become extremely valuable.
He previously suggested that ZEC could one day reach as high as $10,000 if privacy coins become mainstream. While many analysts dismiss that as overly bullish, his track record in calling macro market bottoms has earned him a strong following.
While Hayes’s endorsement has brought massive attention to ZEC, beginners should understand that “influencer calls” are not investment guarantees. Here’s what to keep in mind:
Volatility Is Extreme: ZEC has moved more than 1,000% in just three months. Such parabolic rallies are often followed by sharp corrections.
Regulatory Risks: Privacy coins face scrutiny from governments and exchanges. Any regulatory action could limit liquidity or delisting risk.
Technical Overextension: Indicators like the RSI (relative strength index) are at multi-year highs, suggesting overbought conditions and potential for a pullback.
Narrative Risk: The “privacy coin” narrative is powerful, but it can fade quickly if the market shifts focus to AI, RWA, or layer-2 themes.
In short, Hayes’s prediction adds excitement but should not replace independent research and risk management.
If you’re new to crypto and want to explore Zcash (ZEC), here’s a simple framework to help you get started safely:
Understand What ZEC Is: Zcash is a fork of Bitcoin focused on privacy through zero-knowledge proofs. It lets users choose between transparent and shielded transactions — giving flexibility between compliance and anonymity.
Choose a Trusted Exchange: Make sure to use a reputable exchange that supports ZEC/USDT or ZEC/BTC pairs. Enable two-factor authentication (2FA) and withdraw your funds to a secure wallet if holding long term.
Start Small and Use Dollar-Cost Averaging (DCA): Instead of buying all at once, consider spreading your purchases over time to reduce entry risk. Volatility is part of the game.
Set Stop-Loss and Take-Profit Levels: Define clear price targets before entering. For example, you might set a stop-loss around $400 and take profit near $700 if momentum slows.
Stay Updated on News and Regulations: Follow official Zcash announcements, Arthur Hayes’s market blogs, and regulatory developments. Privacy tokens can be impacted by exchange policies or KYC rules.
ZEC’s surge above $500 marks a remarkable comeback for one of crypto’s most underrated projects. Whether driven by technical breakouts or Arthur Hayes’s charismatic calls, the privacy coin sector is clearly back in focus.
For new investors, this is an opportunity to learn about market cycles, risk management, and how social media influences crypto prices. Hayes’s prediction of “ZEC \= $1,000” might or might not come true — but the conversation around privacy, freedom, and finance is only getting louder.
This is not investment advice. This information is provided for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any asset. Cryptocurrency trading involves a risk of loss. Gate US services may be restricted in certain jurisdictions. For more information, please see our legal disclosures: https://us.gate.com/legal/disclosures





