Zcash
ZECID: 1437Rank #9Updated 10/6/2026, 11:48:00 PM
24h Low
$1,319.98
24h High
$1,379.58
Market Cap
$23.08B
24h Volume
$834.98M
Fully Diluted Valuation
$28.67B
Market Dominance
0.79%
7d Volume
$8.8B
Volume / Market Cap
3.62%
ZEC Price Chart
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Technical Analysis
Price Performance
1h
+1.22%
24h
+2.55%
7d
-3.51%
30d
+11.14%
60d
+166.74%
90d
+194.10%
1y
+769.84%
YTD
+160.05%
All-Time High
$5,941.80
All-Time Low
$15.97
Supply
ZEC AI Analysis Posts
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ZEC has rallied 45% in a week despite climbing Fed hike odds. With volume at $1.99B and Bitcoin stable near $79k, privacy narrative and technical breakout could fuel further upside.
- âś“Zcash's 45% weekly surge in the face of hawkish macro data signals a strong independent catalyst (likely privacy narrative or supply squeeze).
- âś“24-hour trading volume of ~$2 billion against a $1,178 price point implies deep liquidity and committed buyers, not a low-liquidity pump.
- âś“Bitcoin holding $79,000 despite 58% September hike odds suggests crypto risk appetite remains intact, creating a favorable backdrop for high-beta assets like ZEC.
ZEC surged +14.74% to nearly $1,160 in a violent short squeeze, but a stronger-than-expected jobs report has flipped the macro tide and sent Bitcoin back below $80K. With the rally maturing and exhaustion risk high, the prudent strategy is to harvest profits, not chase the spike.
- âś“ZEC has reached its highest price in nearly a decade, fueled by a violent short squeeze that crushed bearish traders.
- âś“The Fed-driven crypto rally that powered the surge reversed within hours, as a stronger-than-expected jobs report dragged Bitcoin below $80,000 and re-introduced macro risk.
- ✓The scale of the move — a +14.74% single-day gain on $1.19B volume — points to an overextended, crowded long setup that is increasingly vulnerable to a sharp mean-reversion.
Zcash surges past the historic $1,000 mark as a $34 million short squeeze forces bears to capitulate; ZEC flashes bullish breakout signals with $1.55 billion in 24-hour volume.
- âś“Historic breakout past the $1,000 psychological level, triggered by a sharp short squeeze that cost bearish traders $34 million (CoinDesk).
- âś“Exceptionally high 24-hour trading volume of ~$1.55 billion, signaling genuine participation and liquidity behind the rally rather than a thin-market move.
- âś“ZEC's top-10 market cap ranking and newfound price discovery territory above $1,000 leave minimal overhead resistance, inviting continuation buying.
ZEC captures headlines with a 15% jump amid falling Fed rate hike expectations, but a fresh 24h pullback flashes caution; key support levels define the next trade.
- ✓CoinDesk reports Zcash rallying 15% while Bitcoin reclaims $81,000, as traders reduce odds of a September Federal Reserve rate hike—an overt risk-on, macro-driven catalyst.
- âś“Contradictory 24h price data shows ZEC down -3.57% to $808.81, indicating either profit-taking after the headline spike or a timezone/snapshot mismatch between the article and live quotes.
- ✓Trading volume of $696M is exceptionally high for Zcash, reflecting elevated attention, liquidity, and leverage—raising the risk of rapid squeeze dynamics in both directions.
ZEC slips 3.57% to $808.81 even as Coinbase adds wrapped Zcash support—an adoption milestone that comes with a cautionary flag. Here's the action plan for the next 48 hours.
- âś“Coinbase formally adds support for wrapped Zcash (wZEC), unlocking new cross-chain capital flows, DeFi integrations, and broader exchange accessibility beyond the native privacy chain.
- âś“Coinbase's "crucial warning" is injecting short-term caution into the market, feeding the current -3.57% daily drawdown as risk-averse traders interpret the safety notice as a red flag rather than standard protocol.
- ✓Trading volume remains elevated at roughly $697M despite the decline, suggesting the dip is being actively absorbed—typical behavior of a "sell-the-news" event preceding institutional-scale accumulation.
As AI-driven blockchain surveillance improves address labeling, Grayscale argues Zcash's shielded transactions become increasingly valuable — we break down the technicals, catalysts, and key levels for ZEC.
- âś“Grayscale publicly links AI's rising blockchain labeling capabilities to greater future demand for Zcash's privacy-preserving shielded addresses, adding institutional narrative weight.
- âś“Strong 24h trading volume of ~$722M, indicating robust market participation that could catalyze a break above recent consolidation.
- âś“Defensive positioning emerges as traders seek privacy assets amid growing surveillance concerns, potentially decoupling ZEC from broader market swings.
ZEC Converter
USD value
$1,365.14
About Zcash
Audit information availableWhat Is Zcash (ZEC)?
Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.
Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.
Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.
Who Are the Founders of Zcash?
Zcash was founded in 2016 by cypherpunk, computer security expert and entrepreneur Zooko Wilcox-O'Hearn. He is also the founder of the for-profit Electronic Coin Company (ECC), which manages the development of Zcash.
Wilcox-O’Hearn has spent more than 25 years in the industry of cryptography and information security and has contributed to a number of projects, including the now-defunct electronic money firm DigiCash, peer-to-peer data storing software Mojo Nation and the Tahoe Least-Authority File Store filesystem.
He also founded Least Authority Enterprises, a technology company focused on improving digital security and preserving the fundamental right to privacy, and co-invented the BLAKE3 cryptographic hash function.
What Makes Zcash Unique?
Zcash’s main advantage lies in its optional anonymity, which allows for a level of privacy unattainable with regular, pseudonymous cryptocurrencies like Bitcoin or Ethereum.
ZEC transactions can be sent in two ways: transparent and shielded. Transparent transactions work in about the same way as in Bitcoin, whose codebase Zcash was originally based on: they are sent between public addresses and are recorded on an immutable public ledger (the blockchain). All essential information about these transactions is available online for anyone to see, including the sending and receiving addresses and the amount sent.
These public transactions do not reveal user identities in an overt manner: the only identifiers an outside observer can access from the blockchain are public addresses. However, through the efforts of data scientists and law enforcement over recent years, the methods of blockchain analysis have been developed to the point where an interested party can fairly reliably connect a public address on a blockchain to the real-world identity of its owner, essentially making private transactions impossible.
Shielded ZEC transactions, on the other hand, leverage the technology of zero-knowledge succinct non-interactive arguments of knowledge, or zk-SNARKs, in order to enable completely anonymous transactions to be sent over a public immutable blockchain. The fact that the transaction _has _happened is recorded on the ledger, but the sending and receiving addresses and the amount sent is not revealed to the public.
This allows Zcash to offer its users the right to privacy while still enjoying the advantages of a decentralized, permissionless digital currency.
Related Pages:
Read about Monero, another anonymous cryptocurrency that uses ring signatures and stealth addresses to improve user privacy.
Check out more crypto educational information on CMC Alexandria.
Find topical crypto stories on CMC’s blog.
How Many Zcash (ZEC) Coins Are There in Circulation?
Overall, Zcash tokenomics is similar to that of Bitcoin: it is a scarce mineable token with a total supply limit of 21 million coins.
New ZECs are created in the form of “block subsidies”: whenever a new block is mined and added to the end of the blockchain, a certain amount of coins is minted and split into “miner subsidy” and “founders’ reward” at a ratio of 80 to 20 percent respectively. The block subsidy is halved at regular intervals to slow down the issuance rate as the total supply of ZEC approaches its limit of 21 million.
The miner subsidy goes to the miner who has mined the latest block and the founders’ reward is distributed between Electronic Coin Company (ECC) founders, Zcash Foundation and ECC itself, as well as its employees. On Nov. 18, 2020, the block subsidy was halved from 6.25 ZEC to 3.125 ZEC, which was triggered at block 1,046,400. This was introduced under the Zcash Canopy upgrade, which also removed the Founders Reward. Instead, the remaining 20% will be divided among the Major Grants Fund, ECC and Zcash Foundation, at 8%, 7% and 5% respectively. The next, and fifth, Zcash network upgrade — Zcash NU5 — is estimated to go live on the testnet on Sept. 30, 2021.
Since launch there has been substantial interest in the ZEC to AUD and ZEC to EUR price pairs.
How Is the Zcash Network Secured?
Zcash network is secured by the proof-of-work SHA-256 hash function which belongs to the SHA-2 set of algorithms — same as Bitcoin.
Where Can You Buy Zcash (ZEC)?
Zcash is a high-ranking cryptocurrency. It is possible to buy Zcash on a number of major exchanges, some of which are:
Security audits