Zcash, Bitcoin Cash, and Cardano Show Gains, with ZEC Leading the Way with a 47% Surge

cryptonews.ruPublicado a 2026-08-22Actualizado a 2026-08-22

Resumen

In the last 24 hours, several altcoins saw significant gains. Zcash (ZEC) led the rally, surging 47.1% to $836 before consolidating around $810, driven by privacy focus and developments around a potential Grayscale spot ETF conversion. Bitcoin Cash (BCH) rose 31.4% to $299.49. Other notable gainers included Cardano (ADA), up 19% to $0.2563, Dogecoin (DOGE), and Whitebit (WBT), each up 17.7%. The rally extended to Stellar (XLM), Chainlink (LINK), and Hyperliquid (HYPE), which rose 11.9% to $81.50, buoyed by DEX volume and a token buyback mechanism. The broad-based momentum is attributed to renewed U.S. regulatory optimism, including President Trump's support for the Digital Asset Market Transparency Act, and expanded Treasury bond buybacks, which lowered yields and freed liquidity for risk assets. Analysts note the rally was accompanied by high trading volumes and leverage, which could amplify volatility. Market participants are watching for tangible progress on crypto market structure legislation in the coming weeks to sustain the uptrend.

In the last 24 hours, prices of numerous altcoins have risen, with the privacy-focused coin Zcash (ZEC) leading the gains, surging 47.1% to $836 before pulling back slightly and consolidating around $810. Similarly, Bitcoin Cash (BCH) rose 31.4% to $299.49 over the same period.

Zcash has been a top gainer this year: driven by attention to privacy issues and some events related to exchange-traded funds (ETFs), on August 21 alone its price rose 13%, pushing the token to a daily high of $663 and its market capitalization to the $10.8 billion mark.

A consistent growth catalyst has been Grayscale's pursuit of converting its Zcash Trust into a spot exchange-traded fund (ETF), which would make it the first privacy-feature cryptocurrency ETF in the United States.

Image source: SEC.gov

The rise in Zcash has not been without turbulence, as Bitcoin.com News reported earlier this month, the asset reached $686 before a wave of coordinated selling triggered $28 million in liquidations.

Bitcoin Cash, Cardano, and Dogecoin Join the Rally

The gains were not limited to privacy-focused cryptocurrencies: Cardano ($ADA) rose 19.0% to $0.2563, while Dogecoin (DOGE) and the Whitebit token (WBT) each added 17.7%. Stellar (XLM) climbed 16.2%, Chainlink (LINK) rose 13.3%, and Hyperliquid (HYPE) gained 11.9% to $81.50.

Layer-1 (L1) tokens, payment-focused cryptocurrencies, and decentralized exchange (DEX) infrastructure assets showed gains within hours of each other—a dynamic that suggests injections of liquidity into the broader market rather than any single project-specific catalyst.

Image source: Coingecko

Hyperliquid's 11.9% rise to $81.50 came as the decentralized exchange (DEX) platform continued to attract attention for its perpetual futures trading volumes and token buyback mechanism (along with a presidential endorsement at a recent White House crypto gathering). Cardano's rise, meanwhile, followed a broader weekly uptrend for the network as traders focused on US policy clarity, with $ADA showing double-digit gains on both daily and weekly charts.

What's Fueling the Broad Rally

The overall bullish momentum has been supported by renewed enthusiasm from US President Donald Trump regarding the "Digital Asset Market Transparency Act," as well as the Treasury Department's announcement of an expanded long-term bond buyback program—a move that lowered yields and freed up liquidity for risk assets, including cryptocurrencies.

This liquidity built on a rally earlier in the week when Ether (ETH) jumped 18% to $2,250. However, analysts caution that rapid, broad-based altcoin rallies of this kind are often accompanied by significant leverage usage, which can amplify both the rise and any subsequent decline.

Finally, it's worth noting that trading volumes for the aforementioned tokens also spiked amid their price moves, indicating the rally was backed by real order flow rather than low weekend liquidity. Looking ahead, the combination of optimism around the "Transparency Act," Treasury-driven liquidity expansion, and renewed institutional interest in privacy assets appears to be allowing buyers to maintain control of the market.

The next test will be whether Congress can make tangible progress on crypto market structure legislation in the coming weeks—traders expect such a development to extend the rally.

Criptos en tendencia

Preguntas relacionadas

QWhich cryptocurrency led the gains according to the article, and what was the percentage increase?

AZcash (ZEC) led the gains with a rise of 47.1%.

QWhat are the two main factors cited as catalysts for Zcash's growth?

AThe catalysts for Zcash's growth are growing attention to privacy issues and Grayscale's efforts to convert its Zcash Trust into a spot ETF.

QBesides Zcash, which other major cryptocurrencies showed significant growth, as mentioned in the article?

ABitcoin Cash (BCH) grew by 31.4%, Cardano (ADA) by 19.0%, and Dogecoin (DOGE) by 17.7%.

QWhat broader economic and political factors are mentioned as fueling the overall market rally?

AThe rally is fueled by renewed U.S. political optimism regarding the 'Digital Asset Market Structure Clarity Act' and the U.S. Treasury's expansion of its long-term bond buyback program, which freed up liquidity.

QAccording to analysts in the article, what is a potential risk associated with rapid, broad altcoin rallies like this one?

AAnalysts warn that such rallies are often accompanied by heavy leverage, which can amplify both the gains and any subsequent downturn.

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¡Bienvenido a HTX.com! Hemos hecho que comprar Zcash (ZEC) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Zcash (ZEC) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Zcash (ZEC)Después de comprar tu Zcash (ZEC), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Zcash (ZEC)Tradear fácilmente con Zcash (ZEC) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

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Cómo comprar ZEC

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Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de ZEC (ZEC).

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