Zcash (ZEC) is showing renewed activity. The ZEC price increased by 13% in the past day, and trading volume nearly doubled following the Zcash team's introduction of a new proposal designed to make transaction fees more affordable and flexible. This single update has successfully drawn renewed attention to ZEC after a prolonged period of weakness, raising the question of whether this surge marks the beginning of a more significant upward trend.
The rally commenced immediately after Zcash unveiled a dynamic fee model intended to maintain low and stable transaction costs, even during periods of high network activity. This development addresses a long-standing need within the network, and the market responded promptly. Reports indicate that ZEC climbed over 12%, with trading volume experiencing an almost 100% increase within a 24-hour span.
🚨 ZEC PUMPS ON CHEAPER FEE PLAN$ZEC jumped 12%, with trading volume up 94% in 24h, after Zcash proposed a dynamic fee model to keep transactions cheap. pic.twitter.com/CIT2OGWaMm
— Coin Bureau (@coinbureau) December 9, 2025
What the Zcash Chart Is Showing Right Now
Technical analysis suggests that the ZEC price has bounced cleanly from the 0.618 Fibonacci retracement level, a level often considered a significant indicator for potential trend reversals. This zone acted as a support level during the recent price decline, and the asset has since shown upward momentum from this point. Currently, the chart indicates that ZEC is attempting to sustain its position above the mid-range levels it recently recovered. If ZEC can maintain this stability, the next significant resistance is anticipated around the $480 to $500 price range. Successfully breaching this area could open up further upward potential if buying pressure persists.
Can ZEC Price Really Reach Four Figures?
Some analysts believe a four-figure price for ZEC is achievable. Their perspective is that ZEC has been significantly undervalued for an extended period, particularly considering its underlying technology and limited supply. With the ongoing improvements to network fees and overall user experience, it is posited that the ZEC price could see substantial growth once the broader cryptocurrency market sentiment becomes more positive.
While a four-digit price point may not materialize immediately, a confluence of increased network adoption and a recovery in the crypto market could make this target more realistic than currently perceived.
ZEC Price Short-Term Outlook
In the immediate short term, ZEC's ability to hold the recently reclaimed price levels is crucial. The recent bounce provides a solid foundation, but a sustained drop back into the previous "buy zone" could hinder further upward movement. The latest price action demonstrates Zcash's capacity for rapid gains when significant positive news emerges. Continued development efforts and sustained trader interest could position ZEC as a notable performer during the next market recovery phase.