BitMEX co-founder Arthur Hayes sparked intense debate on social platform X after declaring, “ZEC > XRP,” arguing that Zcash (ZEC) is poised to outperform Ripple’s XRP.
This chart is just so stronk I aped more.$ZEC > $XRP pic.twitter.com/2l0u1I8n7R
— Arthur Hayes (@CryptoHayes) November 15, 2025
Hayes revealed that he has significantly increased his fund’s allocation to ZEC, making it his second-largest holding after Bitcoin (BTC). He said the asset’s technical strength prompted him to buy even more.
“I added to my position because the chart looked extremely strong,” Hayes wrote, reaffirming his confidence in ZEC’s momentum.
Blockchain analytics provider Arkham Intelligence reported that Hayes has been reallocating capital from other cryptocurrencies into ZEC. Hayes has even floated the possibility of ZEC reaching USD 10,000, cementing his ultra-bullish stance.
✅ Arthur Hayes Promotes Zcash
BitMEX co-founder Arthur Hayes is actively promoting Zcash, hinting that the token could rise to $10,000.
At the same time, he closed positions in several altcoins:
✖️ 780 ETH ($2.48M)
✖️ 5.02M ENA ($1.38M)
✖️ 640,000 LDO ($480K)
✖️ 1,630 AAVE… pic.twitter.com/zUahJQUKbI— Traders Union (@TradersUnion_TU) November 16, 2025
ZEC Trading Far Below Former Highs, Seen as Undervalued
Zcash is currently down about 90% from its temporary peak of USD 5,941 recorded shortly after its launch in October 2016. Even relative to its widely recognized all-time high of USD 3,191, ZEC remains approximately 81% lower.
Some analysts argue that ZEC appears deeply undervalued at current levels, with substantial room for appreciation if market sentiment shifts.
Technical indicators have recently turned bullish, with major moving averages aligning in a favorable pattern. ZEC has also posted a 1,775% surge in recent performance metrics, fueling optimism among traders.
ZEC Halving in November 2025 Adds to Bullish Narrative
A key catalyst behind the ZEC rally is the upcoming Zcash halving, scheduled for November 2025. The event will cut block rewards in half, reducing new supply , which is a mechanism historically associated with price increases in proof-of-work cryptocurrencies.
OKX, one of the largest crypto exchanges, noted that demand for privacy-focused assets is rising again amid regulatory scrutiny worldwide, positioning ZEC for further interest.
How an Equivalent XRP Rally Would Compare
If XRP were to match ZEC’s recent 1,775% increase, its price would climb from USD 2.31 to approximately USD 43.31. That would give XRP an estimated market cap of USD 2.6 trillion , surpassing Bitcoin’s current market capitalization of USD 2 trillion.
This comparison has amplified market discussion, with traders watching closely to see whether Hayes’ comments will act as a new buy signal for ZEC or a catalyst for speculative rotation between the two assets.
