coin-img-ETHETH+5.04%coin-img-SOLSOL+5.72%coin-img-XRPXRP+8.47%coin-img-BTCBTC+5.57%coin-img-USDCUSDC-0.04%coin-img-DOGEDOGE+8.35%coin-img-TRXTRX+2.00%coin-img-BNBBNB+5.61%coin-img-ETHETH+5.04%coin-img-SOLSOL+5.72%coin-img-XRPXRP+8.47%coin-img-BTCBTC+5.57%coin-img-USDCUSDC-0.04%coin-img-DOGEDOGE+8.35%coin-img-TRXTRX+2.00%coin-img-BNBBNB+5.61%coin-img-ETHETH+5.04%coin-img-SOLSOL+5.72%coin-img-XRPXRP+8.47%coin-img-BTCBTC+5.57%coin-img-USDCUSDC-0.04%coin-img-DOGEDOGE+8.35%coin-img-TRXTRX+2.00%coin-img-BNBBNB+5.61%coin-img-ETHETH+5.04%coin-img-SOLSOL+5.72%coin-img-XRPXRP+8.47%coin-img-BTCBTC+5.57%coin-img-USDCUSDC-0.04%coin-img-DOGEDOGE+8.35%coin-img-TRXTRX+2.00%coin-img-BNBBNB+5.61%

Zcash rallies above $975, jumps into top 10 by market cap as volume surges

AI Market Summary
Zcash (ZEC) surged ~18% in a single session to roughly $975, lifting it into the top-10 by market cap as volume jumped 66% to about $1.07B. Grayscale attributed the move to "hard money" demand and renewed interest in digital privacy, reinforced by the recent listing of a spot Zcash ETF on NYSE Arca. The sharp, concentrated rally may raise near-term volatility and attention across privacy-focused tokens.
Impact level
● Medium
Affected assets
ZEC/USDT+16.84%
AI Insight · ZEC/USDTAI Insight
▲ Bullish
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Zcash (ZEC) surged to around $975 on Thursday, briefly touching an intraday high of $976.91. The token gained more than 18% over the past 24 hours, pushing its market capitalization to $16.17B and lifting it to tenth place among crypto assets by market value. Trading activity accelerated alongside the price move, with 24-hour volume rising 66% to $1.07B. Grayscale, which listed a spot @Zcash ETF on NYSE Arca on August 25, attributed the rally to renewed hard-money demand and growing interest in digital privacy. The advance played out in a single session.
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ZEC
ZEC+16.76%
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