Zcash Emerges as One of Crypto’s Biggest Winners This Week
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- Zcash surges 62% in five days adding $2.5 billion in market cap and hitting $380.
- Grayscale Zcash Trust buys $46 million in shielded ZEC as hashrate hits record highs.
- Near term analysts target $420 to $440 as short squeeze fuel and genuine demand combine.
Zcash spent most of 2025 being ignored, but this week it demanded attention. ZEC surged 62% in five trading days, briefly touching $390 before pulling back to consolidate around $371.
The move made it one of the strongest performing assets in crypto this week, outpacing Bitcoin by a significant margin and catching a large number of short sellers badly positioned.
What Triggered It
The immediate catalyst was the announcement of a two-week US-Iran ceasefire, which sent risk assets broadly higher. ZEC responded with unusual speed and force, partly because a crowded short position amplified the move.
As pri…
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