"Zcash (ZEC) surged past the $400 mark for the first time since late January amid renewed chatter regarding the privacy narrative. ZEC rallied to $424 late Sunday, outperforming the rest of the cryptocurrency market, which added more than $50 billion to its total market capitalization."
"Despite previously leading the privacy sector, ZEC eventually relinquished its position as the top privacy coin by market cap to rival Monero following a spike in XMR's value earlier this year. However, since hitting its year-to-date low, ZEC has risen by over 100%."
Zcash (ZEC) reached $424 on May 3, marking its first climb above $400 since January 2026. This surge represents a 100% recovery from its year-to-date low. Over $10.5 million in ZEC short positions were liquidated, contributing to a market cap of nearly $7 billion. ZEC's weekly gains reached approximately 17%, making it one of the top gainers among high-cap altcoins. The rise follows a recovery trend that began after March 8, when ZEC fell below $200, and it is closing the gap with Monero.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]