Zcash spike 700%, become Maelstrom second biggest holding
Zcash (ZEC) don rally pass 700% since beginning of October, e even pass Hyperliquid small time to enter top 20 again by market cap with around $9.4 billion. The price jump—wey reach almost $680—happen as Bitcoin and Ethereum market dem dey fall. Investors dey talk say demand for zk-SNARK privacy tech dey increase, shielded pool use dey expand, plus the launch of Zashi wallet and one halving wey go happen soon na the main tins wey dey push am. Funding rates and trading volumes dey show say the market get strong bullish drive. Arthur Hayes support, wey get Zcash as the second biggest asset for im Maelstrom portfolio and put price target of $1,000, dey add social proof. Traders suppose watch make dem no miss, cos volatility and profit-taking risk fit increase as institutions and retail people interest for privacy coins dey grow.
Bullish
Di sharp 700% rally wey Zcash don get since October, wey privacy-tech demand, wallet innovations plus one halving wey dey come push am, dey show say e get strong bullish momentum. Arthur Hayes support am as e portfolio second-biggest holding, e add institutional credibility. On-chain metrics—funding rates and trading volumes—show say buying pressure still dey strong. For short term, traders fit expect more volatility plus profit-taking risk; long term, the halving event plus the growing use of shielded pool fit support more upside, wey go confirm bullish outlook for ZEC.