Zcash Soars 88% In 30 Days: Is ZEC The Stealth | Crypto News
BitMEX co-founder Arthur Hayes has recommended that Zcash (ZEC) might finally attain 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privateness cash slightly than a near-term price forecast. Based on ZEC’s circulating provide of around 16 million tokens, that situation would suggest a price in the high four-figure vary, roughly $8,000–$10,000, relying on Bitcoin’s valuation.
A Chart Pattern Worth Watching
On the technical facet, merchants level to a doable cup-and-handle sample, but this is a subjective chart formation with no guarantee of consequence. Resistance is often cited around $625–$650, with some speculative projections suggesting a transfer toward $1,000, though this relies upon closely on broader market circumstances and isn’t a confirmed goal.
The goal also strains up with ZEC’s 1.618 Fibonacci extension, drawn from a $745 swing high down to a $185 swing low.
Privacy Coins Pull Ahead
ZEC isn’t transferring alone. Monero and Dash, both privacy-focused tokens, have also posted good points over the past month. But Zcash leads the pack. Reports point out the coin climbed more than 80% in 30 days while the full crypto market cap barely moved — up just 0.2% over the same stretch.
$ZEC update
This factor is operating its own bull market rn… gg
I closed my short. Especially with $BTC sitting on help around $76k
Even a small pump in Bitcoin makes ZEC go completely silly proper now https://t.co/xLs6ficv7l pic.twitter.com/obAhbnXqfp
— SnorlaX お金 (@SnorlaxOnChain) May 18, 2026
In the past three days alone, ZEC added 18% as the broader market slipped 3%. That break up has prompted some merchants to say Zcash is operating its own bull market. Growing demand for financial privateness seems to be the main power behind the transfer, pulling contemporary curiosity into a coin that had been largely missed for years.
Institutional Interest Adds Fuel
Earlier in May, hedge fund Multicoin Capital disclosed it holds a place in ZEC. Around the same time, Robinhood added the token to its platform, opening it up to a wider pool of retail buyers.
Both developments landed at a time when the privateness narrative was already building. Hayes’s remark added another layer. His estimate was speculative — based on a market cap comparability to Bitcoin — but it drew consideration and, according to data, ZEC’s worth in Bitcoin phrases has risen about 20.5% since he made the comment.
Whether the cup-and-handle performs out or not, the coin has already confirmed it could possibly transfer on its own phrases.
Featured image from Quicknode, chart from TradingView
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