- Zcash traded above $145 on Thursday, October 2, 2025, with the privacy coin seeing a 57% uptick in the past 24 hours.
- Data shows bulls retested intraday highs above $152.
- Grayscale Zcash Trust, shielded ZEC sentiment, crypto rally amid US government shutdown are among Zcash price catalysts.
Zcash price has extended its massive breakout over the week by over 146% as bulls broke above $150 for the first time in four years.
With ZEC leading top performers as cryptocurrencies bounced amid US government shutdown sentiment, bulls gained over 57% in 24 hours.
Grayscale’s announcement of the Zcash Trust, offering access to eligible investors via a private placement, continued to drive sentiment, as is the market’s anticipation of regulatory approval of spot exchange-traded funds.
Zcash extends gains above $150, a 4-year high
The privacy coin Zcash last traded above $150 in April 2022, as the bulls’ upward strength in the past week has ZEC trending at four-year highs.
Zcash saw an uptick amid the launch of Zashi, a platform that expands shielded ZEC adoption by making it easy to swap any crypto for Zcash (ZEC).
Users don’t have to rely on centralized exchanges as Zashi’s decentralized swaps, powered by Near Intents, easily allows one to convert assets like Bitcoin, Solana or USDC into ZEC.
Couldn’t be better timing.
Buy ZEC in a completely decentralized manner directly from @zashi_app.
Keep it shielded in your Zashi wallet for maximum privacy.
Excellent work @jswihart and team. https://t.co/RPg37Jc37q
— Arjun Khemani (@arjunkhemani) October 1, 2025
Users can then add privacy features to their assets by shielding them, with private storage accessible within the Zashi wallet.
The value of ZEC in the market has increased as the total shielded value on the Zcash network jumps.
But that’s not the only catalyst for Zcash’s price.
ZEC jumped to a high of $124 on Oct. 1 after Grayscale launched the Zcash Trust.
The asset manager noted, “Zcash is similar to Bitcoin in its design. Zcash $ZEC was created from the original Bitcoin code base, but it uses a privacy technology that encrypts transaction information and allows users to shield their assets.”
With sentiment bullish, Grayscale’s move only helped buoy buyers, as the altcoin extended its rally, outpacing the top 100 cryptocurrencies by market cap.
Zcash price forecast
According to CoinMarketCap, ZEC’s current price near $145 is 248% up in the past month and over 817% from the all-time low of $15 reached in July 2024.
The price rally has catapulted the altcoin’s market capitalization to over $2.35 billion.
Meanwhile, trading volume in the past 24 hours stood at over $1.1 billion.
Zcash’s gains are also reflected in other privacy coins, with Monero bouncing off lows of $299 to trade above $336, and Dash jumping to highs of $35.
The weekly chart shows that ZEC could eye the $160 threshold, a level it failed to clear in April 2022.
If bulls extend gains, despite the chart suggesting overbought conditions, the $200-$245 area will be of fresh interest.
However, with the Relative Strength Index at 86, overbought conditions may see ZEC correct for a retest of support levels.
The $92 and $75 areas will be of interest to bears.
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