Zcash $10K Speculation Emerges
Arthur Hayes, co-founder of BitMEX, has reportedly made a speculative prediction regarding the Zcash token (ZEC), suggesting it could reach $10,000. This alleged prediction, which circulated on X (formerly Twitter) on October 26, has ignited discussions within the cryptocurrency community.
If substantiated, such a forecast would underscore the market's confidence in privacy-focused cryptocurrencies and could influence trading strategies and investor sentiment across the broader crypto market.
Details of the Speculation and Market Response
According to a report from PANews on October 26, Arthur Hayes speculated that Zcash could see a significant price increase to $10,000. The Zcash project, renowned for its privacy-enhancing features, has garnered increased attention as a result of these rumors. However, it is important to note that there is no direct, verified evidence from primary sources to confirm Hayes's specific price target.
Currently, Zcash's market valuation remains below $5 billion. Despite the circulating rumors and the ensuing conversations, this figure stands in stark contrast to the valuation implied by the alleged $10,000 target. These discussions have led to speculative trading activity, although there is a lack of substantial evidence to support the claim.
Industry participants have offered mixed reactions to the speculation, with many questioning the authenticity of the rumors. Prominent figures in the crypto space have not yet validated Hayes's claims, and Zcash's official communication channels have not provided any updates related to such a prediction. Nevertheless, the speculations continue to fuel market debates and discussions.
Arthur Hayes, Co-founder of BitMEX, is quoted as saying, "I foresee Bitcoin hitting $250,000 by the end of 2025."
Current Market Status and Historical Context
Amidst the ongoing speculation, it is noteworthy that Zcash's market capitalization remains below $5 billion. This figure represents a significant gap from the rumored $10,000 target, reflecting historical price volatility within the cryptocurrency but lacking current institutional backing for such an aggressive projection.
As of October 26, 2025, Zcash (ZEC) was valued at $332.37, with a market capitalization of $5.41 billion. This represented 0.14% market dominance. The trading volume for Zcash experienced a substantial surge of 102.76% in the preceding 24 hours, indicating sustained speculative interest in the token.
Research indicates that while Zcash's privacy features hold intrinsic value and potential, sustained price increases typically require regulatory clarity and further technological advancements. Historically, Zcash has exhibited price volatility that often aligns with demand for privacy-enhancing solutions. Current market trends suggest a cautious optimism rather than outright speculative exuberance. In parallel, other altcoins have shown resilience and growth amidst these dynamic market discussions, demonstrating their own strengths in varied economic conditions.