Why did the price of ZEC go up?

Zcash (ZEC) increased by 9.37% in the last 24 hours, continuing its strong performance with a 7-day gain of 61.94% and a 30-day jump of 171.75%. The main reasons behind this rise are:

1. Support from Arthur Hayes – The BitMEX co-founder made ZEC his second-largest liquid asset, sparking interest among everyday investors.
2. Trump’s $2,000 stimulus plan – Expectations of new government payments boosted privacy-focused coins like ZEC, which jumped 24% after the announcement.
3. Technical breakout – Indicators show strong buying momentum, though some signs suggest a possible short-term pause.

In-Depth Analysis

1. Big Investor Support (Positive Influence)

Summary: Arthur Hayes, co-founder of BitMEX, revealed that ZEC is his second-largest liquid holding after Bitcoin through his Maelstrom Fund. He praised Zcash’s privacy technology and set a price target of $10,000 (Bitcoinist). This news came as ZEC moved back into the top 20 cryptocurrencies by market value, reaching $10.47 billion.

What this means: Hayes’ reputation attracts speculative investors, especially since ZEC has gained over 1,600% in the past 90 days. However, he did not reveal how much ZEC he owns, so there could be price swings if he decides to sell.

Keep an eye on: Large investor activity on the blockchain. Data from Hyperliquid shows $7.9 million in leveraged long positions as of November 9.

2. Government Stimulus Plan (Mixed Effects)

Summary: On November 9, former President Trump proposed a $2,000 “tariff dividend” payment, which sparked a rally across the crypto market. ZEC’s price jumped 24% in one day, outperforming Bitcoin (+1.93%) and Ethereum (+4.75%) (CoinDesk).

What this means: Traders connected this stimulus plan to similar government payments during the 2020 COVID-19 pandemic, which led to increased investment in risk assets like cryptocurrencies. ZEC’s bigger jump reflects its reputation as a high-risk, high-reward coin and renewed interest in privacy features amid growing concerns about surveillance.

Keep an eye on: Whether the stimulus plan will actually be implemented, as uncertainty could cause price fluctuations.

3. Technical Signals (Bullish but Overextended)

Summary: ZEC broke through a key resistance level at $600, corresponding to the 23.6% Fibonacci retracement level, with the following technical indicators:

• RSI (7-day): 81.5, indicating the coin is overbought
• MACD: Showing a bullish crossover, supporting upward momentum
• Trading volume: $2.26 billion in 24 hours, though down 46% from the previous day

What this means: The current momentum favors buyers, but the high RSI suggests a possible short-term price pause or pullback. The $515 level (38.2% Fibonacci retracement) now serves as important support.

Keep an eye on: The $663 price target, which is the 127.2% Fibonacci extension level mentioned in technical analysis (Coinpedia).

Conclusion

ZEC’s recent price jump is driven by a mix of positive government stimulus expectations, support from influential investors, and strong technical momentum. However, its future depends on wider adoption of shielded transactions (which currently make up 30% of supply) and an upcoming reduction in miner rewards scheduled for mid-November, which could reduce selling pressure.

Key question: Can ZEC maintain its price above $600 if Bitcoin’s market dominance (currently 59.19%) increases amid growing market fear (Crypto Market Cap Fear & Greed Index at 24)?

What could affect the price of ZEC?

Zcash’s price depends on how widely its privacy features are used, how many coins are available, and changes in regulations.

1. Halving & Supply Impact (Mid-November 2025) – Miner rewards will be cut in half, reducing the number of coins miners sell.
2. Growth in Private Transactions – About 30% of ZEC transactions are now private, showing more people are using its privacy features.
3. Regulatory Challenges – Privacy coins face scrutiny, but Zcash’s technology allows for compliance through selective transparency.

Deep Dive

1. Halving and Miner Reward Cuts (Positive for Price)

Overview:
On November 15, 2025, Zcash will reduce the rewards miners get from 3.125 ZEC to 1.5625 ZEC per block. This event, called a “halving,” happens roughly every four years and reduces the number of new coins entering the market. At the same time, Zcash will upgrade its network with Zebra, a new software designed to make the system more efficient. After the halving, Zcash’s inflation rate will drop to about 4%, which is lower than Monero’s 5.7%, making ZEC more scarce.

What this means:
With fewer new coins being sold by miners, there could be less selling pressure, which might push prices up if demand stays strong. However, miners might react to the lower rewards by changing their operations, causing some short-term price swings. The previous halving in 2024 was followed by a 700% price increase, suggesting this event could be bullish (CoinDesk).

2. Growth in Shielded Transactions (Positive for Price)

Overview:
More ZEC coins are now held in “shielded” addresses, which keep transactions private. Currently, 20–25% of all ZEC (over 4.1 million coins) are in shielded addresses, an 11% increase since September 2025. Wallets like Zashi, which have privacy enabled by default, and services like CrossPay that allow private swaps across different blockchains, have helped boost this growth. Now, about 30% of all ZEC transactions are shielded.

What this means:
More private transactions mean that coins are moving in ways that are harder to track, which can reduce the risk of large sell-offs linked to transparency. This growing use of privacy features supports optimistic price targets, like Arthur Hayes’ $10,000 prediction, who calls ZEC “encrypted Bitcoin” (Bitcoinist).

3. Regulatory and Competitive Risks (Mixed Effects)

Overview:
The European Union’s MiCA regulations, starting in 2027, might limit privacy coins. However, Zcash has a unique feature called “view keys” that lets users share transaction details selectively for compliance purposes. Meanwhile, Monero, another privacy coin, is seeing less developer activity (down 40% year-over-year), which could make Zcash more attractive.

What this means:
While regulations might reduce the number of exchanges listing privacy coins, institutional interest—such as Grayscale’s Zcash Trust—could balance this out. Zcash’s market value ($10.5 billion) is now much larger than Monero’s ($4.2 billion), showing a shift in investor preference (The Block).

Conclusion

Zcash’s upcoming halving and increased use of private transactions set the stage for potential price gains in late 2025. However, regulatory uncertainty and large leveraged positions (like $7.9 million in long bets on HyperLiquid) could cause short-term risks. Watch the $600–$700 price range closely: breaking above this could push ZEC toward $1,093, while failing to hold might lead to a drop back to $515.

Will ZEC’s focus on privacy overcome regulatory challenges?

What are people saying about ZEC?

Zcash is generating a lot of buzz around its price potential and privacy features. Here’s the quick summary:

1. Big investors (whales) are optimistic, targeting prices above $1,000 as more users adopt Zcash’s privacy features (now 30% of the supply is shielded).
2. Technical indicators warn that Zcash might be overbought and that high borrowing (leverage) could increase risk.
3. Regulatory concerns are rising, especially with the European Union considering stricter privacy rules.
4. Arthur Hayes, a well-known crypto figure, is confident, calling Zcash the “second most important” crypto after Bitcoin.

In-Depth Look

1. @ThorTorrens: "$ZEC to $3k by December" — Positive outlook

“Zcash is doing things no other coin has done before — investing $5 million weekly since 2020 would now yield over $610,000 in profit.”
– @ThorTorrens (25.8K followers · 62.1K impressions · 2025-10-15 15:27 UTC)
See original tweet
What this means: This is a bullish view because it highlights how holding Zcash long-term could be very profitable, encouraging more people to invest regularly over time.

2. @criptofacil: "40% upside if resistance breaks" — Mixed signals

“Zcash leads the market and could rise 40% if it breaks through this resistance level.”
– @criptofacil (103K followers · 12.4K impressions · 2025-10-08 21:12 UTC)
See original tweet
What this means: This is cautiously optimistic. While there’s potential for a 40% price increase, Zcash has struggled to stay above the $700 price point, which is a key resistance level.

3. Cointelegraph: "RSI at 92 signals correction risk" — Bearish warning

“Zcash’s weekly Relative Strength Index (RSI) hit a record high of 92. The previous peak of 78 in 2021 was followed by a 70% price drop.”
– Cointelegraph (13.6M monthly readers · 2025-10-13 11:52 UTC)
Read full article
What this means: This is a warning sign. The RSI is a tool that measures if an asset is overbought or oversold. A very high RSI like 92 suggests Zcash might be due for a price correction, especially since many investors have borrowed money to buy ZEC, which adds risk if prices fall.

Conclusion

Opinions on Zcash are mixed. On one hand, growing privacy adoption and big investors accumulating ZEC support a positive outlook. On the other hand, high leverage and looming regulations create uncertainty and risk. Keep an eye on the upcoming halving event on November 15, when miner rewards will be cut in half (from 1.56 to 0.78 ZEC per block). This could reduce supply and push prices up, but it might also cause volatility as traders react.

In short, while Zcash offers strong privacy features, managing the risks involved is just as important. Does encrypted money need encrypted risk management?

What is the latest news about ZEC?

Zcash is gaining attention as big investors shift their focus and broader economic events cause price swings. Here’s what’s happening:

1. Arthur Hayes Increases ZEC Holdings (November 9, 2025) – The BitMEX co-founder has made Zcash (ZEC) the second-largest asset in his investment fund.
2. Trump’s Stimulus Announcement Boosts ZEC (November 9, 2025) – ZEC’s price jumps 24% following news of a $2,000 “tariff dividend.”
3. More ZEC Moving to Private Addresses (November 8, 2025) – Nearly 30% of ZEC is now held in shielded (private) wallets as a miner reward cut approaches.

In-Depth Look

1. Arthur Hayes Increases ZEC Holdings (November 9, 2025)

What happened: Arthur Hayes, known for founding BitMEX, revealed that Zcash is now the second-largest asset in his Maelstrom fund, right after Bitcoin. This comes after ZEC’s price surged 700% since September, helped by more people using its privacy features (30% of coins are now in shielded transactions) and upgrades like Project Tachyon. Hayes has set a long-term price goal of $10,000 for ZEC but hasn’t shared exactly how much he owns (Bitcoinist).
Why it matters: Hayes’ support is a positive sign for ZEC because it can attract more institutional investors. However, privacy coins like Zcash face regulatory challenges, as some exchanges (like OKX) have removed them before.

2. Trump’s Stimulus Announcement Boosts ZEC (November 9, 2025)

What happened: ZEC’s price jumped 24% to $650 after former President Trump announced a $2,000 “tariff dividend,” similar to past government stimulus efforts that boosted cryptocurrencies. Bitcoin and Ethereum also saw gains during this time (CoinDesk).
Why it matters: This news is a mixed signal for ZEC in the short term. While hopes for stimulus can increase buying interest, the dividend hasn’t been funded yet, and ZEC’s price remains quite volatile with a 13.45% change in the last 24 hours.

3. More ZEC Moving to Private Addresses (November 8, 2025)

What happened: About 4.5 million ZEC (28% of all coins) are now stored in shielded, or private, wallets. This reduces the amount of ZEC available for trading just before a planned miner reward cut on November 15, which will lower the reward from 1.5625 to 0.78125 ZEC per block. Futures trading is active, with over $1 billion in open interest. One large investor recently closed a $12 million leveraged position for a $200,000 profit, showing the market’s volatility (Bitrue).
Why it matters: This situation has both positive and negative implications. The reduced supply could push prices higher, but leveraged bets like the one mentioned carry risks of big losses if the market turns.

Conclusion

Zcash is benefiting from growing demand for privacy and broader economic factors, but it also faces challenges like supply changes and risks from leveraged trading. With more users adopting shielded transactions and support from figures like Arthur Hayes, ZEC’s outlook looks stronger. Still, it will need to navigate upcoming regulatory scrutiny and hurdles related to exchange-traded fund (ETF) approvals. Keep an eye on the November 15 miner reward cut for potential market moves.

{{technical_analysis_coin_candle_chart}}

What is expected in the development of ZEC?

Zcash is focusing on improving privacy, making the platform easier to use, and increasing decentralization. Here are the key upcoming events:

1. Ephemeral Address Integration (Q4 2025) – Adds temporary addresses to make transactions more private.
2. Zcash Halving (Mid-November 2025) – Miner rewards will be cut in half to 0.78125 ZEC per block.
3. Zashi Wallet 2.0 (Early 2026) – Simplifies private transactions and enables private swaps across different blockchains.

In-Depth Look

1. Ephemeral Address Integration (Q4 2025)

What’s happening: The Electric Coin Company (ECC), the team behind Zcash, plans to introduce temporary transparent addresses for every ZEC swap using a technology called NEAR Intents. This makes it harder to trace transactions. This update builds on the Zashi wallet’s decentralized on/off-ramps released earlier in 2025 (The Block).
Why it matters: This is good news for ZEC because better privacy can attract users who are concerned about their financial activity being tracked. However, success depends on how easily other platforms adopt this feature.

2. Zcash Halving (Mid-November 2025)

What’s happening: The third halving event will reduce the rewards miners receive by 50%, lowering it to 0.78125 ZEC per block. Past halvings have reduced the supply of new coins and often led to price increases (for example, a 170% rise after the 2020 halving) (Bitrue).
Why it matters: This could support higher prices due to scarcity, but it might also push smaller miners out if mining becomes less profitable, which could lead to more mining being controlled by fewer players.

3. Zashi Wallet 2.0 (Early 2026)

What’s happening: The new version of the Zashi wallet will add features like automatic shielding of transactions, support for multisignature security for developer funds, and CrossPay, which allows private swaps between different blockchains. These improvements aim to make private transactions the default and simplify the technology behind them (Bitget).
Why it matters: If more users start using these features, it could boost Zcash’s popularity. However, stronger privacy features might also attract more regulatory attention.

Conclusion

Zcash’s future plans focus on enhancing privacy, improving ease of use, and maintaining a sustainable governance model. The upcoming halving and Zashi wallet upgrades could help Zcash stay a top privacy-focused cryptocurrency. Still, the project will need to carefully navigate regulatory challenges and deliver updates efficiently. How will ZEC balance innovation with compliance as global regulations become stricter?

What updates are there in the ZEC code base?

In 2025, Zcash made important improvements to its privacy features, network infrastructure, and governance.

1. NU6.1 Activation (August 2025) – Testing of consensus upgrades on the test network.
2. Zcashd Deprecation (April 2025) – Transition from the old Zcashd software to Zebra nodes and the Zallet wallet begins.
3. Zashi Wallet 2.0.3 (April 2025) – Improved cross-chain swaps and easier private transactions.

Deep Dive

1. Network Upgrade 6.1 (NU6.1) Activation (August 2025)

Overview:
NU6.1 brought important improvements to how private transactions work and fixed key bugs in Orchard, Zcash’s privacy technology based on zero-knowledge proofs.

This upgrade was activated on the test network at block 3,536,500. The main network activation is still being tested. Changes included updates to how transactions are validated and fixes to certain commands that previously gave incorrect balance information. Node operators need to update their software to avoid network issues after activation.

What this means:
This is positive news for Zcash (ZEC) because it strengthens privacy and makes wallet use smoother. Node operators should update their systems promptly to stay connected to the network.
(Source)

2. Zcashd Deprecation Announcement (April 2025)

Overview:
The Zcash team started phasing out the old zcashd node software, replacing it with Zebra, a new node written in Rust, and Zallet, a new wallet interface.

Some older commands were removed, and support for Ubuntu 20.04 ended. Users need to add a special line to their configuration files to acknowledge this change.

What this means:
This change is neutral for ZEC in the short term. It modernizes the network infrastructure but requires users and developers to adjust. Over time, it should lead to faster syncing and easier maintenance.
(Source)

3. Zashi Wallet 2.0.3 Cross-Chain Upgrade (April 2025)

Overview:
The Zashi wallet now supports easy swaps between different blockchains like Ethereum, Solana, and BNB Chain using NEAR’s intent layer.

It also made private transactions simpler by automatically creating temporary addresses and connecting with Maya DEX, a decentralized exchange. After this update, about 30% of Zcash’s supply was used in private transactions.

What this means:
This is good news for ZEC because it makes private transactions more accessible and encourages more people to use Zcash’s privacy features. Users can now move funds across different blockchains without losing privacy.
(Source)

Conclusion

Zcash’s 2025 updates focus on reducing technical challenges, increasing private transaction use, and modernizing infrastructure. While NU6.1 and the Zashi wallet improve usability, retiring zcashd marks a major step toward faster, community-driven development. The new Zebra node’s Rust-based design may speed up innovation, especially as regulatory pressures grow.