Arthur Hayes said NEAR and Zcash form the core of his privacy trade, arguing that crypto markets are beginning to reprice assets tied to private value transfer, AI-era sovereignty and real protocol economics. In an interview with The Rollup, the Maelstrom CIO said NEAR could offer “20x potential,” while Zcash may have “5x potential” over the next year, framing both assets as part of a broader reaction to “big tech, big government” and AI-driven surveillance.
Rain (RAIN) surged 43.60% to $0.0116, topping the gainers list. Meanwhile, Zcash (ZEC) fell 9.30% to $573.65, leading the losers.
Zcash price continues to attract massive market attention despite undergoing a sharp 9% pullback from its recent local high near $652. The latest correction has dragged the ZEC price below the crucial $600 mark, breaching the immediate support zone around $604 and increasing short-term bearish pressure.
Zcash has extended its explosive recovery after confirming a bullish Adam and Eve pattern on the weekly chart, with traders now watching a potential breakout rally toward the $900 region.
Zcash (ZEC) hit $642.18 on May 9, 2026, marking the peak of a 650-1,000% rally from 2024 lows that crowned it the largest privacy coin by market cap, overtaking Monero.
Blockchain intelligence firm Arkham Intelligence has published research revealing that it has successfully labeled more than half of all Zcash transaction activity — attributing $420 billion in volume to known individuals and institutions — a finding that strikes at the core value proposition of a cryptocurrency explicitly designed to make financial transactions invisible.
Zcash, known and promoted as one of the most private cryptocurrencies, was called into question after Arkham demonstrated how to track its transactions. More than half of the activity on the network can be linked to identified organizations, individuals or entities, according to Arkham Intelligence's analysis.
The foundation of Zcash's identity is privacy. Zcash introduced shielded transactions, which completely hide the sender, recipient, and transaction amount, in contrast to Bitcoin, where every wallet movement is permanently visible on-chain.
ZEC price momentum accelerates while Alphractal flags weakening network activity trends
Grayscale filed to convert its Zcash Trust into the first US privacy coin ETF. Here's what the ZCSH filing actually does and why it changes the category.
The CMF was below -0.05, which was a minor worry for the bulls, but the RSI remained above neutral 50.
Midnight (NIGHT) surged 5.64% to $0.0326, topping the gainers list, while Zcash (ZEC) fell 9.52% to $593.99, leading the losers.