- The price of Zcash rose 36% to above $600 amid Bitcoin’s upswing.
- The ZEC rally has come as the number of safe-haven assets shows Zcash’s strength.
- Bulls can target $700 and rotate higher, but RSI shows profit taking.
Zcash (ZEC) is riding the latest high in the cryptocurrency market, rising in line with Bitcoin’s price to $82,000.
As the stock approaches this major emotional barrier, altcoins are joining the rally, with Toncoin (TON) rising 22%, Internet Computer (ICP) gaining 18%, and Near Protocol (SECOND) up 15% in the past 24 hours.
This huge increase reflects investors’ interest in privacy and risk protocols amid Bitcoin’s 54% decline.
Zcash explodes 36% to top $600
The price of Zcash has risen 36% in the past week, flirting with the $600 resistance level early Wednesday.
The cryptocurrency rose to $606 on Coinbase, the highest since November 2025.
Meanwhile, open interest on major futures platforms such as Binance and OKX has risen to $1.3 billion, up from $964 million yesterday.
These metrics are showing strong sentiment and will help the bulls chase major resistance at $450 and $540. ZEC was at $578 at the time of writing, and $600 is now acting as a crisis.
Why is the price of Zcash growing?
As we have seen, the rise of Zcash has grown significantly in the midst of competition from Bitcoin. However, the volume of ZEC has also risen sharply amid major corporate events.
Robinhood at the end of April listed ZEC in the trading platform opening the opportunity for millions of traders, including those in New York for the first time, to enter new funds into the market.
Bulls also boarded Grayscale’s plans to convert Zcash Trust into an ETF, a move that could add billions to the traditional economy.
Zcash has also seen its security presence increase, reflecting the growth of secure businesses.
Multicoin Capital, which has acquired a majority stake in ZEC, reflects this. Co-founder and co-director Tushar Jain highlighted ZEC’s appeal for X:
We believe that privacy, surveillance and anti-corruption products are in good shape in the market and demand is increasing. We believe that ZEC is the cleanest way to tell this story in the public markets.
Zcash price prediction – around the next ZEC rise?
Despite this meeting, Zcash is still a long way from what happened in 2016.
However, prices have risen sharply since hitting $15 in July 2024, and this rally has seen bulls breach the wall that has seen prices fall since December 2025.
A rise to $600 could pave the way to higher levels, with a strong rise fueled by renewed interest and investment amid ETF optimism and private equity demand.
When that happens, buyers will look to $700 as the next target, in line with last year’s highs. A move to $850 and $1,000 may coincide with a global crypto boom.
However, technical indicators dampen immediate optimism. The Relative Strength Index (RSI) on the daily chart sits at 86, indicating an uptrend and pointing to a reversal.
Retesting support at $452 (recent level) or deepening at $378 (multi-month accumulation point) could attract bears.
But this can give you an entry point to add.
