- Zcash traded above $145 on Thursday, October 2, 2025, as the privacy coin surged 57% over the previous 24 hours.
- Data shows bulls retested intraday highs above $152.
- Key price catalysts included Grayscale’s Zcash Trust, renewed interest in privacy-focused assets, and broader crypto market strength amid U.S. government shutdown news.
Zcash extended a major breakout this week, rising more than 146% as bulls pushed ZEC above $150 for the first time in four years.
Leading the top performers as cryptocurrencies rallied on government shutdown sentiment, ZEC gained over 57% in 24 hours.
Grayscale’s announcement of a Zcash Trust—offering eligible investors access through a private placement—helped sustain bullish sentiment, alongside market anticipation for potential regulatory approval of spot exchange-traded funds.
Zcash rallies past $150 to a four-year high
The privacy coin Zcash last traded above $150 in April 2022. Renewed buying pressure this week drove ZEC to four-year highs as bulls dominated the market.
Zcash’s rise was also supported by the launch of Zashi, a platform designed to broaden shielded adoption of ZEC by enabling swaps into Zcash from other cryptocurrencies.
Zashi’s decentralized swaps, powered by Near Intents, allow users to convert assets like Bitcoin, Solana or USDC into ZEC without relying on centralized exchanges.
Couldn’t be better timing.
Buy ZEC in a completely decentralized manner directly from @zashi_app.
Keep it shielded in your Zashi wallet for maximum privacy.
Excellent work @jswihart and team. https://t.co/RPg37Jc37q
— Arjun Khemani (@arjunkhemani) October 1, 2025
Users can then add privacy features to their assets by shielding them, with private storage available in the Zashi wallet.
ZEC’s market value climbed in tandem with growth in the network’s total shielded value.
Grayscale’s move was another important driver behind the price rally.
ZEC jumped to a high of $124 on October 1 after Grayscale launched the Zcash Trust.
The asset manager noted that “Zcash is similar to Bitcoin in its design. Zcash $ZEC was created from Bitcoin’s original codebase but uses privacy technology that encrypts transaction details and enables users to shield their assets.”
That optimistic positioning from Grayscale helped attract buyers as ZEC extended its rally and climbed into the top 100 cryptocurrencies by market capitalization.
Zcash price outlook
According to CoinMarketCap, the current ZEC price near $145 represents a roughly 248% gain over the past month and an increase of more than 817% from its all-time low of $15 in July 2024.
The price surge pushed ZEC’s market capitalization above $2.35 billion.
Meanwhile, 24-hour trading volume exceeded $1.1 billion.
Zcash’s gains have been reflected across other privacy coins: Monero moved from lows near $299 to trade above $336, while Dash climbed to highs around $35.
The weekly chart suggests ZEC could test the $160 level, a price it hasn’t topped since April 2022.
If bulls maintain momentum despite indicators signaling overbought conditions, a new resistance zone between $200 and $245 could come into focus.
However, with the Relative Strength Index around 86, overbought conditions increase the chance of a corrective pullback and a retest of support levels.
Support zones near $92 and $75 will be key levels for bears to target if selling pressure resumes.