ZCash has delivered a breakout performance this week, surprising the crypto market with robust price action and investor interest. Over the past month, the ZEC price has soared by over 73%, driven by a combination of technical, product, and sector-wide factors.
Talking about numbers, the coin’s daily volume sits at $215.77 million, taking its market cap to $1.12 billion. It is worth noting that this rally is not just another speculative run but signals deep changes in ZEC’s narrative, positioning, and adoption profile.
Recent product developments have added substance to this rally. The launch of Zashi CrossPay on September 16 enabled shielded ZEC transfers across 20+ blockchains. Plus, ZEC’s market cap ranking improved, and adoption metrics for shielded transactions in Q4 are worth monitoring closely.
The broader privacy coin sector is also trending higher, with Google searches for terms like “privacy coins” reaching new peaks. ZEC’s daily volume now rivals Monero’s, reflecting revived institutional interest and easing regulatory concerns.
ZCash price climbed 8.29% in a single day to $69.19, marking impressive growth rates of 41.5% this week and a stunning 73.37% over the past month. The surge was catalyzed by a major technical breakout. The ZEC/BTC shattered an 8-year logarithmic downtrend on September 29, a milestone cheered by long-term holders.
On the USD front, ZEC’s price action aligns with rising trading volumes and heightened buying pressure – the MACD histogram stands positive, while the 24-hour volume surged over 40%.
That being said, the momentum indicators underscore bullish enthusiasm but do hint at caution. The RSI-14 at 76.3 and RSI-7 at 82.5 are deep in overbought territory. Technical targets suggest that a close above $64.61 could unlock further gains, potentially aiming for the $81.81 mark if momentum continues.
ZCash’s rally was fueled by a major technical breakout, strong trading volumes, and the launch of Zashi CrossPay, which expanded its utility in DeFi and boosted shielded transaction usage.
Yes, technical indicators such as RSI-14 and RSI-7 show ZEC is in overbought territory, suggesting caution as price momentum may face consolidation.
If ZEC closes above $64.61, the technical setup favors a move toward $81.81, based on Fibonacci extension projections and current bullish sentiment.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
As the crypto market remains in a prolonged bear market, investors are wondering whether altcoins…
Crypto markets often reveal their next move when leaders pause. Assets that once drove the…
Bybit, one of the world’s largest crypto exchanges, will start phasing out services for Japanese…
Bitcoin’s price action in Q4 2025 has looked very different from previous years. After starting…
Two crypto wallets lost a total of $2.3 million in USDT in a rapid on-chain…
Blockchain security company CertiK has issued an important warning after detecting a suspicious on-chain incident…
