Key Takeaways
Why is ZCash rallying?
With a 266% move upward in October alone, ZCash’s growth reflected a growing demand for privacy in the face of increased financial surveillance.
What are the next resistance levels for ZEC?
The $290-$305 is a supply zone, and beyond that, the $350 level is a notable resistance for ZEC.
Zcash [ZEC] has taken the crypto market by storm.
Since the 22nd of September, ZEC has rallied 488%, from $46.2 to $271.68. In Q4 2025 so far, ZEC was up 266%.
The altcoin had briefly breached the $300 psychological resistance on the 21st of October, but faced selling pressure at $304, and the bulls were forced to retreat.
Privacy coins return to the spotlight
A noteworthy event has been that there has been a spike in demand for privacy tokens recently. Dash [DASH], another privacy coin, was up 99% in October.
Source: zkp.baby
According to zkp.baby, a ZCash metrics dashboard, 4.864 million tokens were shielded. This figure had been at 3.82 million ZEC on the 8th of October.
For the uninitiated, the process of shielding refers to how the protocol collects deposits into transparent pools and transfers them to anonymous ones.
This process uses zero-knowledge cryptographic methods to ensure the network sees none of the private data in the transaction.
Nearly 30% of the Total Supply was now shielded, reflecting a rise in onchain privacy use.
Retail has been quick to try to profit from the rally.
Coinalyze data showed ZEC’s Open Interest (OI) increased 16% in the past 24 hours. The OI was at $244 million at the time of writing, a massive increase from the $29 million OI seen on the 1st of October.
Dev recalls Satoshi’s comments on ZKPs
In a post on X, popular Solana contributor Mert from Helius explained that the concept of zero knowledge was novel at the time of Satoshi.
Both Mert and Naval Ravikant tied Zcash and its privacy to the early days of Bitcoin’s adoption. ZEC enables the core idea of “encrypted and unstoppable cash”.
This is why ZEC is not just a dinosaur coin bouncing on the back of a consolidation phase or renewed rally for Bitcoin.
Mert pointed out that Satoshi admitted that if ZK-proofs were made practical, Bitcoin could be built more conveniently.
Technical setup points to key range
Source: ZEC/USDT on TradingView
Technical analysis showed ZEC trading within a short-term range (yellow) that reached from $190 to $292.
The CMF was above +0.05, indicating significant buying pressure. The MFI was falling out of the overbought zone, signaling cooling momentum.
Swing traders can look to buy the breakout past the $290-$305 area. Investors enamored by privacy might not wait for a technical breakout to buy.
