- On Thursday, October 2, 2025, Zcash was trading above $145 after the privacy coin surged 57% over the previous 24 hours.
- Data show bulls retested intraday highs above $152.
- Price catalysts for Zcash included the Grayscale Zcash Trust, growing demand for shielded ZEC, and a broader crypto rally amid U.S. government shutdown concerns.
Zcash’s price continued a significant breakout, rising more than 146% for the week as bulls pushed the coin above $150 for the first time in four years.
As ZEC outperformed many peers during a crypto-wide uptick tied to U.S. government shutdown fears, buyers drove the coin up more than 57% in 24 hours.
Grayscale’s announcement of a Zcash Trust—offering accredited investors access via a private placement—heightened market optimism, alongside growing expectations that regulators may approve spot exchange-traded funds for major cryptocurrencies.
Zcash tops $150, a four-year high
The privacy coin last traded above $150 in April 2022, and last week’s bullish momentum pushed ZEC toward four-year highs.
Zcash benefited from the launch of Zashi, a platform that expands access to shielded ZEC by making it easy to swap other cryptocurrencies into Zcash (ZEC).
Users no longer need to rely solely on centralized exchanges; Zashi’s decentralized swaps, built on Near Intents, allow straightforward conversions of assets such as Bitcoin, Solana or USDC into ZEC.
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
After converting into ZEC, users can add privacy to their holdings by shielding assets with the private storage feature available in the Zashi wallet.
ZEC’s market value rose alongside an increase in shielded value across the Zcash network.
But Zashi was not the only price driver.
ZEC jumped to a $124 intraday high on October 1 after Grayscale launched a Zcash Trust.
The asset manager noted: “Zcash is similar to Bitcoin in its design. Zcash $ZEC was created from Bitcoin’s original codebase but adds privacy technology that encrypts transaction details and enables users to shield their holdings.”
Given the bullish sentiment, Grayscale’s move further supported buyers as the altcoin continued its rally, outperforming many of the top 100 cryptocurrencies by market capitalization.
Zcash price outlook
According to CoinMarketCap, ZEC’s price near $145 represented a 248% gain over the past month and more than an 817% increase from the $15 all-time low reached in July 2024.
The rally pushed the altcoin’s market capitalization above $2.35 billion.
Meanwhile, 24-hour trading volume exceeded $1.1 billion.
Zcash’s surge also coincided with strength in other privacy coins: Monero rebounded from a low around $299 and traded above $336, while Dash climbed to highs near $35.
Zcash price chart from TradingView
The weekly chart suggests ZEC could test the $160 threshold—an area it failed to hold in April 2022.
If bulls maintain momentum despite overbought conditions shown on many indicators, the $200–$245 zone may become the next area of interest.
However, with the relative strength index around 86, overbought conditions raise the possibility of a pullback to retest support levels.
Support zones near $92 and $75 would likely draw attention from bears as possible targets during a correction.