Zcash 1,000% Rally Pushes for Top 10, Threatens Cardano
Zcash has surged around 1,000% since October, climbing from $70 to over $700 per coin. The rally has lifted its market cap to $10.1 billion, leaving it just $6.6 billion shy of Cardano and within a 65% move of overtaking ADA for a top 10 ranking. Daily trading volumes of $1.71 billion already place ZEC above ADA on volume charts. Spurred by renewed interest in privacy coins and endorsement from angel investor Naval Ravikant, ZEC has outpaced assets such as SHIB, ARB and XLM. Next targets include Hyperliquid’s HYPE token and Cardano’s ADA, with bullish forecasts even eyeing XRP—though that would require another 1,000% gain. For traders, Zcash’s rise highlights growing demand for privacy-enabled cryptocurrencies and signals potential reshuffles among the market’s top-ranked tokens.
Bullish
Zcash’s 1,000% rally and rapidly rising market cap create a bullish outlook for the cryptocurrency market, especially within the privacy-coins segment. Historical parallels include instances when tokens like Dogecoin and Solana saw parabolic runs after high-profile endorsements. Naval Ravikant’s backing has amplified trader confidence, driving higher volume and price momentum. In the short term, traders may chase ZEC for quick gains, increasing volatility and liquidity in the top-11 tier. Over the longer term, sustained demand for privacy features could solidify Zcash’s position among leading cryptocurrencies, potentially reshaping capital flows away from more established assets like ADA or even XRP if ZEC continues its ascent. Overall, the trend indicates strong bullish sentiment and the likelihood of further market reshuffles underpinned by speculative inflows into privacy-focused tokens.