Zcash (ZEC), one of the most well-known privacy coins, has officially broken past the $500 barrier — a level it hasn’t touched since the 2017–2018 crypto boom. This bullish rally has captured the attention of the market, especially with the coin showing strong momentum while other altcoins remain relatively stagnant.
The price rally marks a massive turnaround for the coin, which had been trading under $100 just a few months ago. So what’s behind this sudden comeback?
Privacy Coins Are Back in Focus
As global regulators tighten their grip on financial transactions, many investors are turning their attention back to privacy-focused assets. Zcash, known for its advanced cryptographic techniques like zk-SNARKs that hide sender, receiver, and amount details, is benefiting from this trend.
Growing concerns over surveillance, data control, and decentralized freedom have brought coins like ZEC back into the spotlight. This has sparked increased buying pressure from both retail and institutional players.
BULLISH: Zcash just surged past $500 for the first time since 2018.
— Cointelegraph (@Cointelegraph) November 6, 2025
But what’s really driving the comeback? pic.twitter.com/t7cracH9Lo
Whale Activity and Strategic Accumulation
On-chain data shows significant whale accumulation of ZEC over the past several weeks. Large holders seem to be positioning for a longer-term run, indicating confidence in the coin’s trajectory.
Additionally, some analysts believe this price surge is being driven by a combination of low circulating supply, increased trading volume, and speculative interest around potential upgrades or partnerships that could enhance Zcash’s utility and adoption.