Zcash (ZEC) has seen quite a price surge over the last few weeks. According to CoinGecko data, ZEC’s price has risen by 1.8% in the last 24 hours, 66% in the last week, 75% in the 14-day charts, 109.8% in the last month, and 1353.5% since May 2025. Let’s discuss what’s behind Zcash’s (ZEC) latest price rally, and what you should know before investing.
What’s Pushing Zcash’s Price Rally?
According to cryptocurrency analysis firm Santiment Zcash’s (ZEC) price surge is likely due to a rise in the demand for privacy-focused cryptocurrencies. The development is probably a reaction to increased surveillance concerns.
Zcash’s (ZEC) price rally could also be due to US crypto hedge fund Multicoin Capital making substantial investments in the project. According to Multicoin Capital co-founder Tushar Jain, the company “has built a significant position in $ZEC since February.” In his X thread, Jain further highlights growing concerns about states seizing investor funds. He says, “We believe that truly private, censorship and seizure resistant assets have clear product-market fit and demand is accelerating. We believe $ZEC is the cleanest way to express this thesis in public markets.“
Zcash (ZEC) had a rough phase earlier this year after its core development team quit en masse after a period of internal rift. The exodus of the development team led to a substantial price dip for the privacy-focused cryptocurrency. According to CoinGecko records, ZEC’s price fell to below $200 in early March of this year. However, the coin seems to be making a remarkable comeback.
Despite its incredible rebound over the last few weeks, Zcash (ZEC) may face challenges int he road ahead. ZEC is still down by 82.5% from its all-time high of $3,191.93, which it attained in October 2016, more than four years ago. Fresh volatility may lead to a price correction. Moreover, investors who bought at the bottom may begin to book profits. Furthermore, there may be some imbalance between Derivatives Inflows and Spot Outflows. The development could lead to another price dip.
