Crypto

Is There Potential for Zcash to Rise Further? Insights from Galaxy Digital

Zcash’s Remarkable Resurgence: A Closer Look at Its Market Dynamics

Our editorial team, comprising leading industry experts and seasoned editors, ensures the trustworthiness of our content. This article is an in-depth analysis of Zcash’s recent performance, reviewed thoroughly for accuracy and relevance.

The Impressive Rise of Zcash

Galaxy Digital has released a comprehensive research note highlighting Zcash’s substantial market revival. This move is not merely a chart anomaly but rather the tip of a larger shift towards enhanced privacy features. The report, published on November 4, 2025, examines the factors behind Zcash’s recent surge, which has seen its value increase by approximately eightfold in the past month. This rise has sparked renewed discussions about the significance of privacy in digital transactions.

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Exploring the Factors Behind Zcash’s Surge

Galaxy Digital’s analysis suggests that Zcash’s technology is now more aligned with consumer needs. A key development is the Electric Coin Company’s Zashi wallet, launched in 2024 and refined this year. The wallet simplifies the complexity of using Zcash and integrates NEAR’s intent layer, allowing users to execute transactions smoothly without manual interventions. This advancement positions Zcash as both user-friendly and compatible with institutional requirements.

Technological Innovations and Their Impact

The report emphasizes Zcash’s enhanced usability with NEAR Intents, enabling seamless transactions like transferring ETH to specified addresses. This innovation facilitates liquidity routing and transaction settlements across chains, minimizing traceability while ensuring compliance through selective disclosure. For the first time, over 30% of Zcash’s supply is in shielded pools, significantly enhancing privacy by reducing the transparency of transactions.

Market indicators also support Zcash’s resurgence. Hyperliquid’s recent listing of ZEC perpetuals has increased trading access and liquidity, with open interest reaching approximately $115 million by October 30. This development contributes to market dynamics that could result in increased volatility.

Assessing the Potential for Further Growth

The cultural and regulatory context plays a significant role in Zcash’s current market standing. Galaxy Digital positions the rally amid a broader debate about privacy versus transparency in cryptocurrencies, echoing Bitcoin’s early discussions. The note highlights differing views on privacy, acknowledging the market’s shift towards valuing privacy as a crucial feature.

Despite risks such as a smaller node footprint and resource-intensive transaction verification, Zcash’s technical roadmap aims to address these challenges. Initiatives like Sean Bowe’s “Project Tachyon” seek to improve efficiency without altering the core protocol, drawing comparisons to Solana’s Firedancer project.

The Path Forward for Zcash

Galaxy Digital refrains from setting a specific price target for Zcash but suggests that continued growth depends on sustainable, organic activity. If Zcash’s user-friendly features and growing anonymity set attract more users, its value proposition could strengthen. However, factors such as a limited node network and political obstacles to privacy remain challenges.

Ultimately, Zcash’s future will depend on its ability to maintain a balance between usability, privacy, and market demand. The recent rally has already reshaped market perceptions of privacy, positioning Zcash as a prominent player in the cryptocurrency landscape.

As of now, ZEC is trading at $463.98, reflecting its evolving market dynamics.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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