- Privacy-focused coins like Monero and Dash are outperforming the broader crypto market.
- Zashi CrossPay enables cross-chain private transactions for shielded ZEC.
- Technical indicators (RSI and MACD) support continued bullish momentum.
While many top cryptocurrencies have struggled amid ongoing market volatility, privacy coin Zcash (ZEC) extended recent gains as its price broke above the $55 highs.
Early Wednesday, Zcash emerged as a standout performer among the top 100 coins by market capitalization. With more than a 10% gain over 24 hours, ZEC is also positive on the weekly timeframe and well above the $46 low it touched on Monday.
The altcoin’s rise aligns with a broader resurgence among privacy-focused digital assets.
Zcash price jumps 10% as privacy coins rally
On September 23, Zcash’s native token, ZEC, dipped to a low near $48 as bulls faced broader selling pressure.
However, with key network milestones and growing focus on privacy-preserving coins, ZEC rallied sharply, gaining roughly 10% over the past 24 hours.
On September 24, buyers pushed the price above $55.
This advance follows a notable rally earlier in May when ZEC briefly tested resistance around $56.
Bulls are attempting to retest that key supply zone, and a 21% increase in daily trading volume to more than $123 million suggests buyers are in control.
Price chartZcash from TradingView
Notably, this move is part of a larger wave lifting privacy coins across the sector.
The privacy token category, which includes leaders like Monero (XMR) and Dash (DASH), saw gains for XMR, DASH, DCR and ZANO.
According to CoinGecko, privacy coins outperformed the global crypto market over the past 24 hours.
While the overall crypto market capitalization slipped below $4 trillion, privacy coins rose about 4% to top $8.2 billion.
Macroeconomic pressures, including geopolitical tensions and increased regulatory scrutiny of transparent blockchains, have helped drive renewed interest in privacy-focused networks.
Zcash’s zk-SNARK technology gives it a distinctive position, allowing users to opt for shielded transfers that conceal sender, recipient and amount details.
ZEC price outlook amid Zashi CrossPay rollout
Fueling Zcash’s advance is the recent launch of Zashi CrossPay, a major feature announced by the Electric Coin Company (ECC) on September 16, 2025.
CrossPay expands Zcash’s zero-knowledge proofs to support cross-chain payments, enabling holders of shielded ZEC to make private transactions on external blockchains via Near Intents.
Users can now seamlessly convert and send ZEC to recipients on other networks without exposing metadata or transaction history, addressing a long-standing obstacle in multi-chain ecosystems.
3/ This week, Zashi CrossPay changed the game:
Zashi users can send crypto payments in over 100 @NEARProtocol-supported assets, including stablecoins, BTC, ETH, SOL, and more, without compromising their privacy.https://t.co/AUFqNP6bD9
— Zashi (@zashi_app) September 17, 2025
Zashi, ECC’s non-custodial mobile wallet, serves as the gateway for this feature.
Built with a privacy-first ethos, the wallet minimizes data leakage and supports features such as encrypted memos. CrossPay’s introduction transforms Zcash from an isolated privacy tool into a versatile payments layer.
Volume of shielded Zcash transactions has jumped since the rollout, and future integrations could strengthen ZEC’s traction.
Technical indicators further support a bullish Zcash outlook. The daily chart shows the relative strength index (RSI) sitting above 60, signaling room for further upside.
The MACD indicator also suggests a bullish crossover, indicating the price may retest key levels following the technical breakout.