Zcash has surged past $400 for the first time since January, peaking at $424 on May 3. The rally marks a 100% rebound from its year-to-date low and puts it within striking distance of Monero.
Key Takeaways:
Zcash (ZEC) surged past $400 on May 3, marking its first climb to that level since early 2026. Over $10.5 million in ZEC short positions were liquidated as the coin reached a $7 billion market cap. Barry Silbert and Raoul Pal suggest Zcash may capture 10% of bitcoin capital as privacy demand grows. ZEC Outpaces High-Cap Altcoins
