{"id":77825,"date":"2026-09-07T08:26:44","date_gmt":"2026-09-07T08:26:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/zcash-breaches-1200-as-market-cap-hits-20-billion\/"},"modified":"2026-09-07T08:26:44","modified_gmt":"2026-09-07T08:26:44","slug":"zcash-breaches-1200-as-market-cap-hits-20-billion","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/zcash-breaches-1200-as-market-cap-hits-20-billion\/","title":{"rendered":"Zcash Breaches $1,200 as Market Cap Hits $20 Billion"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Zcash surged past $1,200 on Sunday, delivering a weekly gain of over 45% for the privacy coin.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">ZEC\u2019s market cap hit $20.44B, displacing HYPE as ninth-largest while driving $24M in derivatives liquidations.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Grayscale\u2019s ZCSH ETF launch and AGI privacy hedging are expected to sustain high institutional demand.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Market Cap Reaches $20B as Derivatives Liquidations Spike<\/h2>\n<p>Zcash (ZEC) breached $1,200 Sunday, outperforming the rest of the cryptocurrency market after posting double-digit gains. Market data showed that the privacy coin surged to an intraday peak of $1,249, its highest level since late in the fourth quarter of 2016. Although an ensuing sell-off saw its price plunge below $1,200, it quickly reclaimed the mark, leaving the coin with a weekly gain of over 45%.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/zcash\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"zcash market data\"><\/iframe> <\/p>\n<p>The latest surge lifted ZEC\u2019s market capitalization to $20.44 billion, displacing HYPE as the ninth-largest digital asset by market cap. ZEC has now jumped 134%, making it one of the best-performing high-cap altcoins by far. Since sinking to $16.08 on July 4, 2024, the privacy coin has risen by a staggering 7,400%. However, despite this price growth, ZEC remains more than 62% below its Oct. 16, 2016, peak of $3,191.93.<\/p>\n<p>On the derivatives front, Zcash\u2019s price action in the last 24 hours saw slightly more than $24 million in leveraged positions liquidated \u2014 the third-most liquidations on a single asset behind ethereum and bitcoin. As expected with a rallying coin, wiped-out short bets accounted for the majority of liquidations at $17.5 million.<\/p>\n<p>Echoing previous bull runs, ZEC\u2019s explosive surge is being driven in part by <a href=\"https:\/\/news.bitcoin.com\/market-updates\/zcash-tops-1000-hayes-hougan-privacy-trade\/\">high-profile endorsements<\/a> across the crypto landscape, including bullish commentary from BitMEX co-founder Arthur Hayes and <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/bitwise-matt-hougan-three-crypto-trades-bitcoin-zcash-tokenization\/\">Bitwise CEO Hunter Horsley.<\/a><\/p>\n<p>Still, the launch of Grayscale\u2019s Zcash ETF (ZCSH) introduces a new dynamic for the privacy coin. Regulatory pressure had previously forced several centralized exchanges to delist ZEC, effectively choking off exposure for mainstream investors, particularly in the U.S. By providing a mainstream vehicle for speculative appetite, the ETF gives traders a direct path to ride the token\u2019s momentum, a trend clearly reflected in recent fund inflows.<\/p>\n<p>However, supporters of the privacy coin, which has completely eclipsed rival Monero (XMR), believe ZEC is also riding high on so-called privacy primitives. According to one independent analyst, Predictivemoney, <a href=\"https:\/\/x.com\/Predictivemoney\/status\/2096733753787797835\" target=\"_blank\" rel=\"noopener noreferrer\">the move is part of a larger structural trade<\/a>: front-running the expansion of artificial general intelligence (AGI). While bitcoin possesses a rock-solid monetary policy, its transparent transaction graph makes it trivial for an AGI to de-anonymize wallet histories and user relationships at scale.<\/p>\n<p>From this perspective, the breakout in Zcash and zero-knowledge protocols represents a structural shift in which capital pays a premium for bulletproof zero-knowledge encryption and advanced proof architectures.<\/p>\n<p>This renewed momentum has spilled over into the network\u2019s underlying metrics. The price surge triggered a <a href=\"https:\/\/news.bitcoin.com\/mining\/zcash-price-spike-fuels-massive-mining-profits-and-hashrate-boom\/\">massive rush of mining power<\/a>, briefly driving the Zcash network solrate past 30 gigasols per second (GSol\/s) for the first time. The rapid influx of competition left individual miner revenue roughly 3% lower than when ZEC was trading under $900, illustrating that new mining hardware and hash power are joining the network faster than block rewards can keep pace.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/altcoins\/zcash-breaches-1200-as-market-cap-hits-20-billion\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Zcash surged past $1,200 on Sunday, delivering a weekly gain of over 45% for the privacy coin. ZEC\u2019s market cap hit $20.44B, displacing HYPE as ninth-largest while driving $24M in derivatives liquidations. Grayscale\u2019s ZCSH ETF launch and AGI privacy hedging are expected to sustain high institutional [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":77826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77825"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77825"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77826"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}