Zcash news

BeInCrypto analysts highlight three altcoins to watch this weekend: Ondo Finance (ONDO), Hyperliquid (HYPE), and Zcash (ZEC), driven by institutional catalysts, ETF inflows, and whale activity. ONDO trades at $0.41, holding 60% of the tokenized stocks market. Whale accumulation and a falling channel pattern suggest potential upside, with key resistance at $0.42 and support at $0.40. HYPE trades at $57.68, with a new all-time high near $62.73. Institutional inflows from a16z-linked wallets and ETFs support a bull flag pattern. A breakout above $58.58 could target $95.71. ZEC trades at $656.65 after a 20% weekly rally, with conflicting whale positions: a $36 million short by Garrett Jin and a 10x long on 36,875 ZEC. A bull flag pattern suggests potential upside above $690-$693.

Zcash (ZEC) surged nearly 10% to $580 on Tuesday after the SEC closed its investigation into the Zcash Foundation without recommending enforcement action, removing a regulatory overhang that had persisted since August 2023. The foundation disclosed a $36.7 million treasury in its Q1 2026 report, with ZEC comprising 58.6% of holdings, providing a multi-year runway to fund engineering work amid governance changes at the Electric Coin Company. The rally reflects renewed institutional interest in privacy assets, with Grayscale recently endorsing Zcash.

Zcash announced plans to roll out quantum-recoverable wallets within a month and achieve full post-quantum status within 12 to 18 months, positioning itself ahead of major cryptocurrencies in quantum resistance. CEO Josh Swihart detailed the timeline at Consensus Miami, also targeting transaction throughput on par with Visa and Mastercard. The privacy coin has surged over 73% in the past month, driven by institutional interest after Multicoin Capital disclosed a significant position in ZEC. The network's shielded pool now holds 30% of circulating ZEC, an all-time high, with around $600-700 million flowing through cross-chain swaps since launch.

Zcash will launch quantum-recoverable wallets within a month and achieve full post-quantum status within 12–18 months, said Josh Swihart, CEO of Zcash Open Development Lab, at Consensus Miami. A separate scaling track aims for Visa-level throughput on a similar timeline. The roadmap follows a 110% rally in ZEC over the past month, driven by Multicoin Capital's disclosed investment and renewed focus on privacy. Swihart argued Bitcoin is 'fundamentally broken' as a peer-to-peer private payment system, citing visible balances on a transparent ledger. User adoption is growing via the Electric Coin Company's mobile wallet after an October integration with Near Intents, which has processed $600–700M in cross-chain swaps into shielded ZEC. Meanwhile, a proposal to cut Zcash's block time from 75 to 25 seconds is under community discussion.

Zcash (ZEC) surged over 70% in a week, rising from $346 to a peak of $593.86, driven by growing interest in privacy coins amid concerns about AI, quantum computing, and financial surveillance. Analyst Pav Hundal noted that traders are paying closer attention to privacy projects, while Multicoin Capital co-founder Tushar Jain disclosed a significant ZEC position since February. Other crypto firms have launched privacy features, including Polygon's private stablecoin payments and Aptos Labs' Confidential APT. Santiment reported a spike in social mentions and FOMO around Zcash, citing lack of government trust as a catalyst. However, the rally may be short-lived, as Hundal cautioned it could be a narrative rotation rather than a fundamental repricing.

Zcash surged roughly 40% in a single session on Wednesday, briefly topping $600 before settling near $570, extending a 100% monthly gain. The rally was catalyzed by Multicoin Capital's disclosure of a large position, with partner Tushar Jain arguing that privacy coins like Zcash are increasingly needed as a store of value against wealth taxes. Cypherpunk Technologies, backed by Gemini's Tyler Winklevoss, has accumulated nearly 295,000 ZEC tokens (1.78% of supply), aiming for 5%. The move was amplified by over $62 million in futures liquidations, mostly shorts, and open interest climbing above $1 billion. Analysts note Zcash's lower float and shielded holdings make it sensitive to fresh demand. Grayscale’s projections suggest an 18-fold increase if ZEC captures 5% of the currency-focused crypto sector, while BitMEX co-founder Arthur Hayes targets 10% of Bitcoin's market cap. The rally reflects a broader shift as investors seek privacy in an era of increasing surveillance and AI integration.

Zcash (ZEC) surged nearly 30% to $543 on Tuesday, with weekly gains of 60% and monthly gains of over 110%. The rally triggered $62 million in liquidations, mostly shorts, making ZEC the second-largest liquidated asset behind bitcoin. The price jump followed Multicoin Capital's disclosure of a significant ZEC position built since February. The fund's partner cited Zcash's privacy features as a hedge against government wealth seizures, contrasting with Bitcoin's transparent ledger. ZEC's shielded pool, which uses zero-knowledge cryptography to hide transaction details, now holds about 30% of circulating supply, up from 8% in early 2024. This suggests growing adoption, with the rally supported by record-high shielded supply.

Privacy coin Zcash surged 37% in 24 hours after Multicoin Capital disclosed a significant position in ZEC, calling it the "cleanest way" to express the privacy thesis. Dash and Monero also rose 22% and 4%, respectively, as the privacy coin sector gained roughly 15% amid fears of wealth taxes and asset seizures. Multicoin argued that growing political risks to private wealth are driving demand for private, censorship-resistant assets. Zcash is trading around $570, up 77% over two weeks and 1,485% over the past year, despite a turbulent history that included the resignation of its development team in January. Analysts suggest the rally reflects a repricing of the privacy narrative rather than a surge in actual usage. However, broader altcoin market sentiment remains pessimistic, with prediction markets placing only a 13% chance of an alt season before July.

Multicoin Capital has built a 'significant position' in zcash (ZEC), co-founder Tushar Jain said at Consensus Miami, linking the purchase to a view that private stores of value will become more important as finance moves on-chain. Jain argued that while Bitcoin can withstand protocol-level freezes, public ownership still leaves holders exposed to identification and seizure, whereas ZEC's privacy features obscure transaction details. ZEC is trading near $570, up about 122% over the past month and over 1,500% in the past year, as privacy-focused cryptocurrencies gain traction. Jain's comments signal a shift for Multicoin, which previously argued in 2019 that privacy is a feature, not a standalone product, and criticized Zcash's trade-offs in auditability and programmability. The panel framed privacy as a market-structure issue, with Jain noting that public wallets expose funds to surveillance and front-running. Vibhu Norby of Solana Foundation said builders are working on a privacy product to preserve DeFi composability, while Zenrock's wrapped ZEC on Solana has crossed $15 million in volume. Fully homomorphic encryption was also discussed as a way to enable private shared state across DeFi.

The Grayscale Zcash Trust, a spot ETF for ZEC, has seen its average daily volume roughly double to $1.7 million in April, reaching its highest level since January. While still below late-2025 peaks, the uptick signals renewed interest. Zcash's shielded supply hit a record high, with nearly 30% of circulating ZEC now in shielded balances via the Orchard pool. ZEC's price rose 50% over the past 30 days to $320, though it remains down about 35% year-to-date. Analysts view the ETF's volume as a gauge of institutional appetite for privacy assets, while continued shielded supply growth could drive further price repricing.