Will Zcash Price Surge Break ATH Soon? Check 3 $ZEC Rally Reasons

Will Zcash Price Surge to $600, Breaking ATH? 3 $ZEC Reasons Say Yes

ZEC is a cryptocurrency that focuses on privacy, which means it keeps transactions secret, but today it is making headlines with a remarkable Zcash price surge. 

Recently, $ZEC USDT price went up by 16.76%, reaching $223.67 as per CoinMarketCap data. But what is fueling the surge and will the momentum hold? Let’s break down the factors behind surge, price prediction, and technical analysis.

Big Milestone: 4 Million Shielded The Asset For The First Time Ever

In the latest Zcash crypto news today, the asset just hit an important milestone. Shielded Labs, an independent organisation recently announced via its official X account that 4 million $ZEC coins are now shielded. 

This means 25% of all coins are now private. It uses a technology called zk-SNARKs that hides transaction details. This protects users’ privacy. 

This milestone is one of the major reasons behind Zcash price surge, making it the top choice for people who want their financial transactions private. 

Why is Zcash Pumping Today? 3 Major Behind The Breakout

So why did the asset suddenly pump? Here are the main reasons behind this Zcash price surge today.

1. Trading Volume Increase: In just 24 hours it crossed $1.44 billion volume, showing that more people are trading the coin.

2. Institutional Adoption Grows: Its market cap is now $3.63 billion. This is attracting big investors and institutions who are interested in privacy-focused cryptocurrencies.

3. Growing Exposure: As per the recent $ZEC crypto update, the only way to gain exposure in the U.S. via traditional brokerage accounts is through token's Grayscale Trust ($ZCSH). This event fueled more power in the asset.

Technical Chart: What Do the Numbers Say?

Let’s look at the TradingView chart and numbers to understand what will be the next $ZEC price target. Right now, it is trading at $223.67, up 16.76% in 24 hours. This shows a strong upward trend.

• Resistance level: $240 (price might stop rising here)

• Support level: $220 (price may bounce back from here if it drops)

• RSI: 43.64, This is neutral, which means the token is not too expensive or too cheap. It still has room to grow.

• MACD: Negative, This may mean a small drop before it prepares for a biggest breakout.

What’s Next for $ZEC? Short-Term and Long-Term Outlook

As per my analysis being a crypto expert, currently the asset is testing $240, if it breaks above it then a move towards $360 is possible, but if falls below the resistance level, then it will find support near $220.

However long term Zcash price prediction 2025 is bullish. With big institutions supporting the coin, trading volume increase, and major ecosystem updates ,and partnerships can fuel the asset towards $600.

“Some experts believe that it can even break $ZEC all time high $5,941.80 soon with the ongoing momentum.”

Conclusion

The Zcash price surge is due to several factors including: growing institutional interest, the milestone of 4 million shielded, and strong market sentiment.

Even if it doesn’t reach its all-time high soon, it still has a major target to achieve amid the bull run. Long-term investors and anyone interested in privacy coins should keep an eye on the asset.