Zcash Surpasses $430 as Privacy Coin Interest Soars
Zcash (ZEC) surged past $430 on November 1, 2025, driven by privacy narratives and endorsements from influential figures. This price movement signifies increased market confidence in privacy coins, impacting related cryptocurrencies like Monero and Dash.
The surge in Zcash's price has drawn considerable interest from institutional investors, evidenced by substantial inflows into Grayscale's Zcash Trust. This influx marks a growing confidence in the potential of privacy-focused cryptocurrencies.
Market reactions to commentary from influential figures have been significant. A prominent crypto influencer stated, "Buying Zcash (ZEC) at a price of $432 is like buying Bitcoin at a price of $432." This comparison has not only attracted retail interest but has also escalated trading volumes as participants anticipate further gains from Zcash's privacy-centric features.
Institutional Confidence and Historical Parallels Fuel Zcash Optimism
The current rise in privacy coins echoes past market behavior. The last significant surge in privacy coins, similar to Zcash's current trajectory, was observed in 2021, largely driven by ongoing debates surrounding transaction anonymity and privacy in digital currencies.
According to market data, Zcash (ZEC) traded at $421.55, with a market capitalization of $6.87 billion and a 24-hour trading volume exceeding $1.27 billion. Over the preceding 30 days, the price experienced a significant surge of 216.14%. The circulating supply was approximately 16.29 million ZEC.
Further advancement in privacy technology is a key factor that could fuel Zcash's growth. Historical trends indicate that privacy coins often experience surges in value due to regulatory debates, highlighting the potential for future price volatility tied to these discussions.