Zcash has emerged as one of the market’s top performers this year. Since the fall, its price has surged by hundreds of percent, and in the last 24 hours alone, ZEC is up another 10%. What’s behind this parabolic rise? In this article, we discuss the key reasons for Zcash’s success.
Why Zcash Is Growing So Fast This Year #
ZEC’s movement in 2025 has been anything but subtle. The coin has gained over 500% in the past year and a staggering 845% in the last three months.
A renewed interest in privacy is a major driver behind the coin’s resurgence. Analysts are increasingly describing Zcash as a type of “encrypted bitcoin,” partly due to the growth of its shielded pools, which now hold over 30% of the total Zcash in circulation. As major blockchains become more transparent and regulatory oversight increases, investors appear to be seeking refuge in coins that prioritize privacy.
Interest isn’t limited to retail investors; corporate demand is also growing. Several companies have been aggressively purchasing ZEC for their treasuries. Both Reliance Global Group and Cypherpunk Technologies have been buying up ZEC in recent weeks. Cypherpunk now owns approximately 1.4% of the total supply of Zcash.
And it doesn’t stop there: there is even talk of a Zcash exchange fund, which could further fuel institutional interest. Grayscale intends to convert its existing trust into a spot ETF, and this prospect alone is enough to create additional demand, even though it remains uncertain whether privacy tokens will receive approval from U.S. regulators.
Bitget Listing and OKX Relisting Give Zcash a 10% Boost #
ZEC has also seen an impressive rally in the last 24 hours. Where the coin was trading for $360 a day ago, it surged to a high of $403 within 24 hours—a rise of more than 10%. At the time of writing, the coin has pulled back slightly to $395. This makes Zcash the biggest gainer among the top 50 largest cryptocurrencies.
The most significant catalyst is the new listing on Bitget, a notable move as privacy coins have been delisted from many exchanges in recent years due to stricter regulations. An additional trading venue directly increases liquidity, which often acts as a magnet for traders. Shortly before, ZEC was also readmitted to OKX, reinforcing the impression that the market is becoming less averse to privacy assets than before.