Zcash (ZEC) ETF Hopes Rise: Is $1,000 Now in Play?
Zcash shocked the cryptocurrency market in the final 3 months. It delivered one of the crucial highly effective rallies of the yr regardless of beforehand being written off by a big portion of the cryptocurrency group as a dead-end undertaking.
Notably, the Zcash rally performed a big position in placing privateness tech on the forefront of the dialog in the crypto group. This led to elevated curiosity in different privateness cash (Monero, Dash) and protocols like Railgun.
ZEC Skyrocketed 10x
ZEC, which began October at a worth of roughly $73, rallied all the best way as much as $736 by November 7, a return of over 10x in simply over 2 months. During this surge, ZEC rocketed up the crypto market cap rankings, and at the moment sits in fifteenth place.
After hitting the $736 peak, the Zcash price made two makes an attempt to set new highs, however got here up quick each instances. The first try virtually matched the $736 peak, whereas the second fizzled out at roughly $712, setting the stage for a deeper correction to the $500 degree, which is at the moment the point of interest of the ZEC market.
The worth enhance has additionally spurred elevated on-chain exercise, as analysts at OurNetwork famous that Zcash has lately posted its most lively week of 2025, boasting a 197% week-over-week jump in switch transactions.
Why Zcash may rally to $1,000 and past
We’ve lately seen a number of developments that recommend the Zcash rally may nonetheless proceed additional, breaking previous the resistance simply above $700.
The algorithmic Zcash price prediction on CoinCodex is supporting this state of affairs, forecasting that Zcash will attain the $1,000 worth degree in Q2 of 2026.
Here are a number of the key components that might assist ZEC really attain that predicted milestone.
Grayscale information to transform its ZCSH belief into an ETF
Crypto asset supervisor Grayscale has filed an S-3 registration assertion with U.S. securities regulator SEC with the purpose of converting its Grayscale Zcash Trust product into a spot ETF. The Grayscale Zcash Trust, which at the moment trades on the OTC market, has been obtainable since 2017.
In its submitting, Grayscale highlighted the variations between Zcash and Bitcoin:
“The elementary distinction between Bitcoin and Zcash is that Zcash provides selective privacy-preserving options. Zcash accomplishes this privateness preservation through the use of novel cryptographic protocols referred to as Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (“zk-SNARKs”) to guard each the quantity and the sender and recipient of the transaction.”
Given the present wave of altcoin ETF approvals (ETFs for XRP, SOL, HBAR and DOGE are actually obtainable), it wouldn’t be too shocking to see a Zcash ETF be authorised for buying and selling in the US market. Still, it’s value maintaining in thoughts that Zcash’s deal with privateness may make it tougher to persuade regulators to approve funding merchandise tied to it. Currently, there isn’t a single ETF on the US market that focuses on a privateness coin.
Cypherpunk Technologies (CYPH) plans to accumulate 5% of the ZEC provide
Another potential supply of bullish momentum for Zcash is Cypherpunk Technologies, a Zcash-focused DAT (digital asset treasury) firm backed by the Winklevoss Twins.
Cypherpunk, which trades below the ticker CYPH, now holds 233,644 ZEC and plans to accumulate 5% of the availability. Given that they at the moment personal about 1.4% of the availability, Cypherpunk may present a persistent supply of shopping for stress as they scale their treasury in direction of the 5% goal.
The agency has to date spent roughly $68 million to develop its Zcash treasury, and its common value foundation is round $291 per ZEC.
It’s simpler than ever to commerce and make investments in Zcash
The Zashi pockets is built-in with NEAR Intents, permitting customers to simply swap crypto belongings from quite a lot of totally different blockchains for ZEC. The pockets additionally offers quick access to Zcash’s privateness options because it simplifies the shielding expertise.
The shielded ZEC provide has reached nearly 5 million cash (it was below 2 million at the start of 2025). As extra ZEC turns into shielded, the anonymity set grows, strengthening Zcash’s general privateness.
The main decentralized buying and selling platform Hyperliquid has listed ZEC perpetual futures, enabling customers on the extensively used DEX to take leveraged positions in the privacy-focused asset. This itemizing factors to sturdy group curiosity in gaining publicity to a coin that the market had largely missed for years.
Zcash can be simply traded on the high-performance Solana blockchain, because of options similar to Zenrock’s wrapped Zcash token (zenZEC).
The backside line
Zcash’s 10x rally has thrust privateness tech again into the highlight and sparked a surge in on-chain exercise, however a number of catalysts recommend the transfer will not be over.
With Grayscale looking for to transform its ZEC belief into an ETF, Cypherpunk Technologies shopping for towards a 5% provide goal, rading entry always enhancing by means of instruments just like the Zashi pockets, Hyperliquid futures, and an ever-growing record of integrations, the foundations for one more leg up stay firmly in place. If momentum continues and regulatory hurdles don’t stall progress, it’s doable that $1,000 ZEC is likely to be a conservative goal.
The put up Zcash (ZEC) ETF Hopes Rise: Is $1,000 Now in Play? appeared first on BeInCrypto.
