What is ZCash? Analyzing the Trending ZEC Token

Zcash (ZEC) has once again captured market attention after rallying more than 21% in the last 24 hours, reaching around $357.38 at the time of writing. The privacy-focused cryptocurrency, known for its zero-knowledge proof (zk-SNARK) technology, is seeing renewed momentum amid rising demand for encrypted digital assets.

With a circulating supply of 16.28 million ZEC and a market cap of $5.81 billion, Zcash now ranks #23 on CoinMarketCap. As privacy becomes a growing topic in decentralized finance (DeFi), investors are looking closely at ZEC’s technical and fundamental strength.

Key Takeaways

• Zcash price surged over 21% in the past 24 hours to around $357.
• The RSI sits near 61.3, signaling moderate bullish momentum.
• The MACD shows weakening buying pressure after a recent peak.
• ZEC trades above its 20-day moving average, indicating sustained trend strength.
• Market volume spiked 257%, showing strong participation behind the move.

What Is Zcash (ZEC)?

Zcash is a Layer 1 blockchain built to enable private, encrypted transactions using advanced cryptography. Unlike Bitcoin, where transactions are publicly visible, Zcash uses zk-SNARKs to verify transaction validity without revealing wallet addresses or transferred amounts.

Zcash’s dual structure allows users to choose between two types of addresses:

• Transparent (t-addresses) similar to Bitcoin’s public model.
• Shielded (z-addresses) that keep transaction details confidential.

The project was launched in October 2016 by the Electric Coin Company (ECC) and Zcash Foundation. It was based on Bitcoin’s codebase but restructured to prioritize privacy and fungibility as core features.

Read Also: Why did ZEC Start Going Up? Lists of Sentiments

Zcash Market Overview

According to CoinMarketCap, ZEC’s key metrics are as follows:

• Price: $357.38
• Market Cap: $5.81 billion
• 24h Volume: $1.59 billion
• Fully Diluted Valuation (FDV): $7.49 billion
• Circulating Supply: 16.28 million ZEC
• Max Supply: 21 million ZEC

The data shows ZEC’s liquidity and volume have grown substantially — up over 257% in the past day — suggesting heavy market interest following ecosystem updates like Zebra 3.0.0 and the Zolana Bridge (Zcash <> Solana integration).

Technical Analysis: ZEC Price Momentum

The ZEC/USDT chart shows strong bullish momentum that recently met resistance near the $375 level, slightly above the upper Bollinger Band.

Bollinger Bands

The Bollinger Bands (BB) indicate a widening channel with the upper band at $375, the lower band at $319.7, and the midline (20-day SMA) around $347.3.

ZEC’s price currently sits above the midline, suggesting continued buyer dominance but potential short-term correction pressure.

RSI (Relative Strength Index)

The RSI (14) is around 61.33, signaling mild bullish momentum. It remains below the overbought zone (70+), meaning there’s still room for growth before potential reversal conditions.

MACD (Moving Average Convergence Divergence)**

The MACD line (16.72) has slightly crossed below the signal line (15.59), and histogram bars are flattening. This hints that bullish momentum may be cooling off temporarily, potentially leading to sideways price action before the next leg up.

Trend Analysis

ZEC remains well above its 20-day moving average and continues to form higher lows — a positive indicator for medium-term bullish strength. The next resistance levels are expected at $375 and $390, while support levels lie at $347 and $320.

Why Is ZEC’s Price Rising?

Zcash’s latest rally appears driven by three major catalysts:

1. Zebra 3.0.0 Release Candidate: The Zcash Foundation’s Zebra 3.0.0-rc.0 update includes performance improvements and support for Network Upgrade 6.1 (NU6.1), reinforcing the blockchain’s scalability and reliability.
2. Zolana Bridge Integration: The launch of Zolana (Zcash <> Solana) through NEAR’s Chain Signatures creates the first privacy-to-DeFi connection between Zcash and Solana, expanding ZEC’s liquidity and usability in decentralized ecosystems.
3. Rising Privacy Narrative: In an era of heightened surveillance and KYC enforcement, privacy-oriented cryptocurrencies like Zcash and Monero are regaining investor interest as users seek control over financial data.

ZEC Price Prediction: Can It Sustain the Rally?

ZEC’s strong breakout from the $300 region marks the first major uptrend since early 2024. If the bullish momentum continues, the next short-term targets could be:

• $380–$400 if RSI stays below 70 and volume remains high.
• $430–$450 on confirmation of NU6.1 activation and broader market strength.

However, if the MACD crossover persists and RSI dips toward 50, ZEC might retrace toward $320 support before attempting another move upward.

From a medium-term view, sustained on-chain development and privacy integrations across networks could push ZEC back toward $600–$700 levels by mid-2026, assuming market sentiment remains favorable.

Fundamental Outlook

Zcash remains one of the few cryptocurrencies combining real privacy utility with established cryptographic credibility. With more than 30% of all ZEC now shielded, the network shows growing real-world usage.

Upcoming milestones, such as the NU6.1 upgrade, enhanced wallet support via Zashi, and interoperability bridges through Zolana, could all strengthen ZEC’s ecosystem and long-term valuation.

As the privacy narrative expands, ZEC may benefit from institutional and developer interest in zk-proof applications beyond simple transactions — such as private identity, DAO voting, or confidential data sharing.

Final Thoughts

Zcash is not just another legacy cryptocurrency. It’s a pioneer in zero-knowledge privacy that continues to evolve technologically and structurally.

With the current rally fueled by new network upgrades and cross-chain connections, ZEC is positioned for renewed relevance in the crypto landscape. While short-term volatility may persist, the long-term fundamentals and technical signals both lean toward a bullish outlook for ZEC in 2025 and beyond.

How to Buy ZCASH on Bitrue

Buying ZCASH (ZEC) on Bitrue is simple and available through both the website and mobile app. Follow the steps below to start trading ZEC/USDT.

Step 1: How to Buy ZCASH on Bitrue Website

• Go to the Bitrue website.
• Search for ZEC/USDT in the trading section.
• Click on the trading pair to open the interface.
• Enter your desired amount and execute the trade.

Step 2: How to Buy ZCASH on Bitrue Application

• Open the Bitrue app or download it via Google Play or App Store.
• Search for ZEC in the list of available assets.
• Select ZEC/USDT and confirm your order.

Make sure you are using the latest version of the Bitrue app for optimal performance.

Read Also: ZEC Price Surge: How High Can ZCash Go?

FAQs

What is Zcash used for?

Zcash enables private, shielded digital payments using zero-knowledge proofs, ensuring that transaction details remain confidential while maintaining blockchain transparency.

Why is ZEC trending now?

The token surged following the Zebra 3.0.0 update and the Zolana Bridge launch, expanding ZEC’s functionality across NEAR and Solana ecosystems.

What are the risks of investing in ZEC?

Like all cryptocurrencies, ZEC is volatile. Regulatory pressure on privacy coins and market corrections could affect its price in the short term.

Is ZEC a good investment?

ZEC’s strong fundamentals, technological innovation, and expanding cross-chain ecosystem make it a promising long-term privacy asset, especially in an era of increasing data surveilla