- Privacy coins like Monero and Dash are outperforming the broader cryptocurrency market.
- Zashi CrossPay enables private cross-chain transactions for shielded ZEC.
- Technical indicators (RSI and MACD) support continued bullish momentum.
While major cryptocurrencies have continued to struggle amid ongoing market turbulence, the privacy-focused coin Zcash (ZEC) has extended recent gains as its price climbed to highs of $55.
Zcash ranked among the top performers within the 100 largest coins by market capitalization early Wednesday. With gains exceeding 10% over 24 hours, ZEC is also positive on the weekly timeframe and well above the $46 lows seen on Monday.
The altcoin rally is aligned with a broader resurgence in privacy-centered digital assets.
Zcash price jumps 10% amid privacy coin surge
On September 23, the Zcash native token ZEC fell to lows near $48 as bulls wrestled with general liquidation pressure.
However, with key network milestones in place and renewed focus on privacy coins, ZEC staged a sharp rebound, rising roughly 10% in the last 24 hours.
By September 24, buyers had pushed the price above $55.
This move follows a notable rally earlier in May, when ZEC briefly reached resistance around $56.
Bulls appear intent on re-testing that supply zone, and a 21% increase in daily trading volume to more than $123 million suggests buying pressure is picking up.
Zcash price chart by TradingView
Importantly, the rally forms part of a broader wave lifting privacy coins across the sector.
The privacy token category, led by names such as Monero (XMR) and Dash (DASH), has posted gains for XMR, DASH, DCR and ZANO.
According to CoinGecko, privacy coins outperformed the overall crypto market over the past 24 hours.
While the global cryptocurrency market capitalization slipped below $4 trillion, privacy coins registered a roughly 4% increase to more than $8.2 billion.
Macro pressures, including geopolitical tensions and heightened regulatory scrutiny of transparent blockchains, have catalyzed interest in privacy-focused chains.
Zcash’s zk-SNARK technology uniquely positions it by allowing users to choose shielded transfers that conceal sender, receiver and transaction amount data.
ZEC price outlook boosted by Zashi CrossPay feature
Adding momentum to Zcash’s ascent is the recent rollout of Zashi CrossPay, a significant upgrade announced by Electric Coin Company (ECC) on September 16, 2025.
CrossPay extends Zcash’s zero-knowledge proofs to cross-chain payments, enabling shielded ZEC holders to execute 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 histories, addressing a long-standing barrier 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 self-custodial mobile wallet, acts as the gateway for this functionality.
Built with a privacy-first philosophy, Zashi reduces data leakage and supports features such as encrypted memos. The CrossPay release transforms Zcash from an isolated privacy tool into a versatile payment layer.
Shielded Zcash transaction volumes have risen amid the rollout, and further integrations could reinforce ZEC’s traction.
Technical indicators bolster a bullish outlook for ZEC’s price. On the daily chart, the relative strength index (RSI) sits above 60, signaling room for further upside.
The MACD indicator also shows a bullish crossover, with Zcash testing a key level following a technical breakout.
While risks remain and market conditions can change quickly, the combination of technical momentum, growing adoption of privacy-enabled cross-chain payments and broader interest in privacy coins provides a supportive backdrop for ZEC in the near term.