Zcash Tops Monero in Market Cap on Rally, Compliance Edge
Zcash’s market capitalization has overtaken Monero as its price rallied from $50 in September to over $430, a gain nearing 1,000%. The surge was driven by rising trading volumes, a technical breakout from resistance and November’s block-reward halving. Endorsements from Naval Ravikant and Arthur Hayes amplified momentum.
Zcash’s optional privacy design lets users toggle between transparent and shielded transactions and offers viewing keys for regulated audits. Monero’s mandatory privacy has led to delisting from major exchanges under AML/KYC rules, constraining liquidity. Listings on Coinbase, growing institutional products like the $137 million Grayscale Zcash Trust and developments such as the Zashi CrossPay protocol further support ZEC’s adoption.
Traders view this shift as a power move in the privacy-coin sector, favoring regulatory-friendly privacy assets and signaling a potential market leadership change.
Bullish
This news is bullish for ZEC. In the short term, the substantial price rally, high trading volumes and breakout above long-term resistance can trigger momentum-driven buying. Listings on Coinbase and endorsements from high-profile figures add to positive sentiment. Over the longer term, November’s block-reward halving, the optional privacy design with viewing keys and growing institutional products like the Grayscale Zcash Trust underpin Zcash’s fundamentals. Meanwhile, Monero’s delistings underscore the advantage of compliance-friendly privacy coins. Together, these factors should continue to support Zcash’s price.