Zcash co-founder and StarkWare CEO Eli Ben-Sasson delivered a pragmatic defense of the Ethereum ecosystem, explaining why developers will not abandon the second-largest cryptocurrency by market capitalization despite the prolonged crisis in the industry. The statement came amid a major identity crisis in Ethereum and record capital outflows from spot ETFs tied to the altcoin.
A Zcash-led squeeze drove privacy coin gains, but liquidity-driven dynamics suggest the move was largely mechanical.
Despite losing 20% in three days, a key swing level has not yet been breached, keeping the bullish ZEC structure intact.
ZEC drops into a key Fibonacci zone after a strong rally, with high volume and positive funding rates shaping the next potential move.
Arthur Hayes forecasts a massive 5x surge in Zcash. Will the key $500 floor keep the privacy coin's rally alive?
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.