Zcash Just Did What XRP And SOL Couldn’t — What’s Behind The Brutal 828% Rally?
Zcash (CRYPTO: ZEC) surged more than 8% to around $373 on Friday, hitting an eight-year high and surpassing Monero (CRYPTO: XMR) as the most valuable privacy-focused cryptocurrency.
Zcash Becomes Top Privacy Coin
The token’s rally pushed its market capitalization to $6.2 billion, overtaking Monero and cementing its lead in the privacy coin sector.
ZEC price has gained more than 45% in the past week and over 800% since early October, defying the broader crypto market’s consolidation phase.
Privacy coins like Zcash and Monero obscure sender, receiver, and transaction data, offering anonymity that Bitcoin (CRYPTO: BTC) cannot.
As regulatory focus on blockchain transparency intensifies, investors appear to be returning to tokens that preserve transaction privacy.
Arthur Hayes Sparks $10,000 Prediction Buzz
The surge accelerated after BitMEX co-founder Arthur Hayes predicted that Zcash could rally to $10,000, calling it the …
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