Zcash (ZEC) has risen over 700% since September 2025, reaching as high as $728 on November 7, according to data from CoinGecko. This rally comes ahead of its mid-November halving, which will halve block rewards to 0.78125 ZEC, tightening supply like Bitcoin’s events.
More than 30% of the coin’s total supply is now locked within shielded pools, representing an all-time high for private usage on the network. This rally means that some users are increasingly seeking privacy-centric solutions as mainstream networks grow more transparent and subject to surveillance.
Another factor contributing to Zcash’s rise is the recent tech upgrades to its network. The introduction of the new Zashi wallet, which makes private transactions far more user-friendly, has expanded Zcash’s accessibility to a wider audience.
There is also looming regulatory pressure over privacy coins, especially after the European Parliament’s vote to restrict listings of tokens like Zcash and Monero on regional exchanges beginning in 2027.
At the time of writing, Zcash is trading at $580.67, having retraced from its intraday high of $734.96.
Featured image from Vecteezy, chart from TradingView
