Zcash (ZEC) has delivered a mind-blowing gain of 370% in the past 30 days only to holders, as this privacy token has jumped to the spotlight once again.
The project is still the second most valuable privacy coin in the crypto space, with a market cap of $3.7 billion despite this significant climb. Monero (XMR) continues to lead this category, valued at $6.2 billion.
Trading volumes in the past 24 hours have jumped by 77% as Zcash advances another 26.3%, with the price now reaching $240 per token. These volumes account for 37% of the asset’s circulating supply, reflecting the strength of the latest buying spree.
Meanwhile, Grayscale’s Zcash Trust (ZCSH) has seen its assets under management (AUM) increase rapidly to $84 million as a result of this rally. This underscores growing institutional interest in this token.
Friendly reminder that the greyscale thesis is still in play
If just 10% of offshore wealth goes into Zcash one $ZEC can be worth $62,893 a coin ? pic.twitter.com/U9LYUOZhV7
— Thor Torrens (@ThorTorrens) October 1, 2025
A former advisor to the President of the United States and a member of the Zcash Advisory Panel, Thor Torrens, argued in favor of the token’s prospects by highlighting its potential ability to capture a fraction of offshore wealth.
In an X post shared earlier this month, Torrens said that even if just 10% of all offshore money is moved to ZEC, that would result in a price of $62,893 for the token. Based on today’s price, that translates into a 26,100% return in the long term for holders.
Meanwhile, even if ZEC takes up only 5% of those funds, that would still mean huge returns in the long term for this token. All of this merits the inclusion of Zcash in the list of next tokens to explode.
Looking for privacy? Learn how to buy Bitcoin anonymously here.
Zcash Could Drop to $150 as Volumes Dry Up
Looking at the daily chart, we can see the strength of ZEC’s vertical climb from around $50 to $240 in just a few weeks.
The Relative Strength Index (RSI) was off the charts lately, reaching nearly 90 at some point. The token experienced some selling pressure at around $170 and consolidated around that area for a few days, and then exploded to its current levels.
Trading volumes started to exceed the average back on September 28 but are now below the 14-day moving average despite Zcash’s latest rise.
This increases the odds of a pullback as retail money could be behind the latest rally, and institutional investors could take advantage of this move to dump their bags on those who came in late to the party.
If the token starts to drop at some point, we could see the $170-$140 levels as the most likely landing zone in the near term, as there could still be some buying interest at that point.
No specific catalyst has been fueling this rally other than projections and weak narratives. Hence, buying at these high levels increases the risk of a strong pullback, which would result in immediate losses.
In contrast, a top crypto presale called Bitcoin Hyper ($HYPER) is about to launch the first true Bitcoin layer-2, opening a world of possibilities for BTC holders, as they will now be able to safely stake, lend, and earn yield on their assets through this protocol.
Bitcoin Hyper ($HYPER) Tackles Bitcoin’s Scalability Issues with Powerful L2
Bitcoin Hyper ($HYPER) introduces a layer-2 scaling solution designed to address Bitcoin’s current speed, cost, and programmability limitations.
This protocol is built directly on top of the original network, bringing faster transaction processing times and lower fees by tapping into the power and efficiency of the Solana blockchain.
The platform enables developers to deploy smart contracts and decentralized applications on the Bitcoin network for the first time, opening doors that were previously closed.
As institutional Bitcoin holdings continue expanding past $16 billion, the demand for scalable infrastructure should create new opportunities for layer 2 solutions like Hyper.
The Hyper Bridge is the door to this solution. A designated Bitcoin wallet will receive the tokens sent by users and mint the corresponding amount on the Hyper L2 so they can access a universe of dApps that will allow them to earn passive income on their BTC investment.
To buy $HYPER before the market hears about it, head to the official Bitcoin Hyper website and link up a compatible wallet. You can either swap USDT, SOL, or ETH for this token or use a bank card to invest.
