Home / Business and Economy / Zcash Surges Back into Crypto's Top 20, Defying Expectations
Zcash Surges Back into Crypto's Top 20, Defying Expectations
7 Nov
Summary
- Zcash ZEC surges above $600 for the first time in nearly 7 years
- Zcash gains over 1,270% year-over-year, reaching $10 billion market cap
- Renewed interest in privacy infrastructure and technical upgrades drive the rally
As of November 7th, 2025, the privacy-focused cryptocurrency Zcash ZEC has surged back into the top 20 largest tokens by market capitalization, trading above $600 for the first time in nearly 7 years. The token has gained an impressive 1,270% year-over-year, pushing its market cap to just under $10 billion.
This remarkable rally has been driven by a renewed focus on privacy infrastructure and a wave of technical upgrades from the Electric Coin Company (ECC), one of the network's key developers and maintaining firms. The rising popularity of the Zashi wallet, combined with forthcoming developments under Project Tachyon, has reignited both user activity and investor confidence in the Zcash ecosystem.
Daily trading volume for Zcash has jumped to over $1.8 billion, with liquidity deepening across major venues such as Binance, Hyperliquid, and Bybit. Futures markets have also lifted in tandem, with Binance leading open interest at roughly $340 million, followed closely by Hyperliquid at $332 million and Bybit at $157 million. The market positioning appears balanced, with long-short ratios hovering around parity, suggesting organic demand is driving this cycle's movement rather than speculative mania.
