07 October 2025
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Cryptocurrency Zcash experienced an exceptional week, pushing it to a 3-year price high. As data from TradingView shows, the token’s price jumped more than 400% over 50 days, with the last two weeks accounting for nearly 300%. This turnaround comes after a long period of stagnation, which affected the project due to regulatory pressures and declining adoption.
Cryptocurrency Zcash shines again
The biggest breakthrough occurred on CoinMarketCap October 2, when Grayscale resumed private placements of its Zcash Trust fund. This instrument allows accredited investors to gain exposure to ZEC without dealing with its secure custody or regulations related to private transactions.
At the same time, ThorSwap, a decentralized exchange, integrated support for swap transactions. Users can now anonymously and trustlessly exchange ZEC for Bitcoin, Ethereum, Solana and other major altcoins. This functionality enhances Zcash’s real-world usability and opens the door to decentralized trading for a token that had been sidelined from centralized exchanges for months.
Daily trading volumes for this altcoin exceeded 1.27 billion dollars, compared to under 100 million dollars per day at the end of September—a significant increase. Market capitalization rose from 950 million to 2.45 billion dollars, confirming strong liquidity inflows and interest from traders and institutions alike.
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Derivative markets boost potential for further growth
The day after the announcement of the Grayscale Trust, another key player, Hyperliquid, entered the scene. This fast-growing DEX exchange launched ZEC/dollars perpetual futures contracts with up to 5x leverage. Within 24 hours, the volume of these derivatives exploded over 300%, reaching 292 million dollars. Open interest also rose to 19.3 million dollars.
- How does Zcash work: Zcash is a cryptocurrency that works similarly to Bitcoin but has one special feature. It can hide the sender, recipient, and transaction amount. This allows complete anonymity if the user chooses. It operates on its own blockchain and uses a technology called zk-SNARKs to ensure privacy.
Zcash also benefits from the overall positive sentiment around the October buying frenzy that boosted leaders like Bitcoin and Ethereum. Combined with fundamental events, this creates strong conditions for further price growth.
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